Home Hardware Stores Limited was recently recognized as one of Canada’s Best Managed Companies for the 14th consecutive year, maintaining its Platinum Club status. The Best Managed Companies program, presented by Deloitte, evaluates organizations on strategy, innovation, leadership, financial performance …
Read More »Annie Dameworth
Canadian Tire Reports 3.3% Revenue Growth in Q1 2026
Canadian Tire Corporation (CRT) released its financial results for the first quarter of 2026, reporting consolidated revenue growth of 3.3%. Comparable sales in the first quarter were down 1%, with growth in SportChek and Mark’s offset by a decline in …
Read More »Building Material Prices Reach 3-Year High in April
Prices rose across goods and services used in residential construction in April due to rising energy and transportation service prices, according to NAHB’s Eye on Housing. Building material prices, excluding energy, rose at their highest yearly rate in three years, …
Read More »Retail Sales Rise for 7th Straight Month in April
Retail sales in April increased for the seventh consecutive month even as gas prices rose and inflation remained high, according to the CNBC/NRF Retail Monitor. “Retail sales continued to grow in April despite higher gas prices driven by the ongoing …
Read More »Ace Hardware Posts 10.9% Revenue Growth in Q1 2026
Ace Hardware released its financial results for the first quarter of 2026, reporting revenues of $2.5 billion, an increase of $242.8 million, or 10.9%. Net income for Q1 was $70.1 million, up $39.8 million from the first quarter of 2025. …
Read More »HDA and NATS Host Combined Event at 2026 Group Merchandising Conference
Hardlines Distribution Alliance (HDA) and North American Tool Suppliers (NATS) recently joined forces to host a combined event at the 2026 Group Merchandising Conference (GMC) in Atlanta. The event melded the NATS Spring Meeting with the receptions, networking and scheduled …
Read More »SBSI Acquires Builders Supply, Expands Tennessee Footprint
Southeast Building Supply Interests (SBSI) announced it has acquired Builders Supply Company (Builders Supply), further expanding SBSI’s footprint in Tennessee. This acquisition adds three Builders Supply locations to SBSI’s growing network, bringing the company’s total footprint to 14 locations throughout …
Read More »Inflation Edges Up in April
Inflation in April increased to the highest level in nearly three years, according to the latest Consumer Price Index released by the U.S. Bureau of Labor Statistics. The increase was largely driven by higher energy prices caused by the war …
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