Ace Hardware Corp. has reported record second-quarter 2019 revenues of $1.7 billion, an increase of 6.3 percent from the second quarter of 2018. Net income was $53.8 million for this period, a decrease of $1 million from the second quarter …
Read More »Kate Klein
Understanding Lumber Prices
David Logan, director of tax and trade policy analysis for the National Association of Home Builders (NAHB), answered questions from Hardware Retailing about lumber prices and other concerns in the homebuilding sector. Hardware Retailing (HR): Why are lumber prices lower …
Read More »Where the Smart Home Market Is Growing
The U.S. smart home market is growing quickly. In fact, the Home Improvement Research Institute (HIRI) projects that the market will more than triple in size from 2018 to 2022. Five years ago, safety and security devices were the biggest …
Read More »Headlining Stories From the September Issue of Hardware Retailing
The September issue of Hardware Retailing magazine shares highlights from three industry news stories. Click the headlines below to view the full version of each article. True Value CEO Discusses Benefits of Strategic Investment Ace Hardware Names Benjamin Moore Its Preferred …
Read More »Who Is Buying Homes for Multiple Generations?
Members of generation X are now the most likely group to buy a home to house multiple generations of their families. According to recent research from the National Association of Realtors, about 17 percent of gen Xers (born between 1965 …
Read More »Friendship Strengthens 2 Retail Operations
Building a Brotherhood On a recent FaceTime call, Raffaelo Cianfaglione gave his friend Brian Kabat glimpses of his store in Norridge, Illinois. “He’s my hardware brother,” Cianfaglione says with a grin. Cianfaglione and Kabat are both independent home improvement retailers, …
Read More »Photo Gallery: Norridge Ace Hardware in Illinois
Raffaelo and Jackie Cianfaglione have owned and operated Norridge Ace Hardware in Norridge, Illinois, since 2016. As a child, Raffaelo used to shop at the store with his father. He now enjoys serving the community where he grew up. Read …
Read More »Headlining Stories From the August Issue of Hardware Retailing
The August issue of Hardware Retailing magazine shares highlights from three industry news stories. Click the headlines below to view the full version of each article. Ace to Open 11 Stores in Former Orchard Supply Hardware Locations Orgill to Add New …
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