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 »Original News
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 »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 »Expert: Lowe’s Is Solid, but Was Slower to Invest in Changes
Warren Shoulberg is a retail industry observer and a contributing writer to a variety of business publications, including Forbes. He spoke with Hardware Retailing about Lowe’s position in the home improvement industry and the opportunities the big-box retailer has. For a comprehensive …
Read More »2020 Top Guns Honoree: Kirby Scales
Kirby Scales, General Manager, Russell Do it Center 7 home centers and 2 building supply stores, Alabama A chance opportunity at a family friend’s hardware store was the beginning of what would become a lifelong career for Kirby Scales. Today, …
Read More »2020 Top Guns Honoree: Kevin Hancock
Kevin Hancock, President and CEO, Hancock Lumber 9 stores, Maine and New Hampshire Kevin Hancock is part of the sixth generation of his family to lead Hancock Lumber, which was founded in 1848. Today, the company owns timberland and operates …
Read More »2020 Top Guns Honoree: Will Aubuchon
Will Aubuchon, President and CEO, W.E. Aubuchon Co. Inc. 104 stores in Massachusetts, Vermont, New Hampshire, Maine, Connecticut, New York W.E. Aubuchon Co. Inc. was founded in 1908 by William E. Aubuchon. Today, his great-grandson, Will Aubuchon, serves as CEO. …
Read More »NRHA Announces 2020 Top Guns Award Honorees
For 13 years, the North American Retail Hardware Association (NRHA) has recognized retailers who are leading their operations in innovative ways through the Top Guns Awards. Whether they are focused on fine-tuning the customer experience, exploring new business endeavors or …
Read More »