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Market Measure 2019: The Industry’s Annual Report

market measure 2019

Click the picture to download a PDF of this story now.  Though there has been a lot of hushed talk in recent months about the R-word looming on our economic horizon, economist opinions are certainly split about whether a recession …

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Expert Perspective: The Growth of Dollar Stores

Many retail segments have contracted in recent years, but dollar stores are on the rise. They compete with home improvement businesses in several categories, such as small hardware items, cleaning supplies and other consumables. Neil Saunders, with data analytics company …

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Hardware Store Gives Old Structure New Life

In 2016, Clark Porter took on the massive project of converting a 100-year-old car dealership into Small Town Supply, a 21st century hardware store. When he bought the old structure that became Small Town Supply, Porter saw potential for a …

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Ace Hardware Sees Revenue and Income Climb

covid-19

Ace Hardware Corp. reported record highs for revenue and net income in the third quarter of 2019. The co-op’s revenues for the quarter hit $1.5 billion, an increase of 7.2 percent from the third quarter of 2018. Net income was …

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Your Customers Are Shopping Online

Homeowners are increasingly shopping online for home improvement products, according to recent research from the Home Improvement Research Institute (HIRI). About 33 percent of homeowners HIRI surveyed bought home improvement products online within the past year, but half of the …

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Inside True Value’s $150M Supply Chain Investment

supply chain

Last month, True Value opened its newest regional distribution center (RDC), a major component of the company’s $150 million investment in modernizing its supply chain to best serve independent retailers. The 1 million-square-foot hub facility is located in Wilkes-Barre, Pennsylvania, …

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Ace Retailers Provide Meaningful Yard Makeovers

makeovers

When a local TV station challenged a group of retailers who own Ace Hardware stores in Florida to spend a day of service in their communities, the 12 retailers were thrilled to help. Owners from the Jacksonville Ace Group jumped …

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Military Veterans: Serving, Then and Now

veterans

Hardware Retailing is honoring veterans who put lessons they learned in the military to work serving customers in the independent home improvement industry. Veteran retailers and employees, including those featured here, are being honored in a Veteran’s Day photo tribute …

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