For the second time in 2020, Ace Hardware Corp. will be hosting a fully virtual convention. The event, slated for Sept. 9-12, is accessible to retailers through Ace Net, the co-op’s website for communicating with retailers, and a convention mobile …
Read More »Kate Klein
Wholesale Lumber Survives Tragedy, Serves Through Pandemic
When Joseph Burks devoted much of 2018 to remodeling Wholesale Lumber in Clint, Texas, he had no idea the redesign would allow the store to serve customers better through a pandemic. At the time, he was working through the tragedy …
Read More »A Disaster and a Donation
In May, aging dams failed throughout a river system in Michigan, forcing more than 10,000 people to evacuate their homes and businesses to escape massive flooding. When the dams broke, lakes emptied, flooding thousands of structures in the state, including …
Read More »Ace Hardware Q2 Revenue Rises 35%
Ace Hardware Corp. saw revenue, income and store sales increase during the second quarter of 2020 as consumers shifted their spending in response to the COVID-19 pandemic. The co-op reports revenues of $2.3 billion for the months of April, May …
Read More »Do it Best Reports Record Profits and Rebates
Do it Best Corp. has announced record net profitability and record rebates for retailers during its most recent fiscal year, which ended in June. The co-op’s total sales for the year were $3.6 billion and net profit was up 12.6 …
Read More »Deliver Extra Convenience to Customers With a Flower Department
Proctor Ace Hardware in Neptune Beach, Florida, offers customers a variety of ways to buy flowers. They can go to the greenhouse and get live plants ready to plant in a garden or flowerpot or head over to the Floral …
Read More »Comparing the Big 3: Home Depot, Lowe’s, Menards
The three largest big-box home improvement retailers in the U.S. have unique stories. Lowe’s, as the oldest, began in 1921 as an independently owned single store that grew to 15 locations before it became an investor-owned business in 1961. Read …
Read More »Lowe’s 360: Extra Features
Read the Lowe’s 360 story from Hardware Retailing magazine here. The following extras are only available online and provide a closer look at Lowe’s. SWOT Analysis Lowe’s has been successful for decades, but operates in a competitive marketplace with strong contenders among …
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