Great Lakes Ace announced it has signed an agreement to open a new, 13,000-square-foot store in Cincinnati, Ohio. The store’s soft opening is planned for the first quarter of 2026. “Great Lakes Ace is excited to open a new location …
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Ace Hardware Corporation announced changes to the company’s board of directors following its 2025 annual stockholders meeting. Director David Majure was elected to his first term on Ace’s board of directors, and Kristen Pellicer and Steven Burggraf were re-elected to the …
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Consumer confidence surged in May, with The Conference Board’s Consumer Confidence Index, rising 12.3 points to 98.0, more than a 10-point increase from April. “Consumer confidence improved in May after five consecutive months of decline,” says Stephanie Guichard, senior economist, …
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The U.S. Census Bureau’s Advance Monthly Sales for Retail and Food Services for April 2025 reported $41.3 million in retail sales for building material and garden suppliers, up 0.8% month over month and up 3.2% year over year. That compared with …
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Target Corporation released its financial results for Q1 2025, reporting net sales in Q1 of $28.8 billion, down 2.8% from Q1 of 2024 due to a decrease in merchandise sales. Comparable store sales decreased 3.8% in the first quarter, reflecting …
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Walmart recently released its financial results for the first quarter of 2025. Net sales for the quarter reached $108.7 billion, led by growth in the health and wellness and grocery categories. Walmart reported an increase of 4.5% in comparable store …
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Ace Retail Holdings, the parent company of Westlake Ace Hardware, Great Lakes Ace Hardware and other retail brands, announced it will relocate its Store Support Center (SSC) from its current location in Lenexa, Kansas, to a complex in Overland Park, …
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Arrow Fastener announced it will now be operating under the name Arrow Tool Group, effective immediately. “For nearly a century, Arrow has stood for American ingenuity, hands-on reliability and practical solutions that professionals and DIYers depend on,” says Roberto Izaguirre, …
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