Lowe’s has plans for laying off and changing job descriptions for thousands of people in its workforce, according to The Wall Street Journal. Lowe’s employs more than 285,000 workers, and will be cutting the positions of less than 3,000 of them “as the home-improvement retailer tries to …

When Mark Rand considered buying a hardware store, he learned Ace Hardware Corp. offers a financial incentive to help military veterans like him start, buy or expand Ace stores. Retailers who join Ace Hardware or open new store locations pay an affiliation fee for their stores to be …

Stanley Black & Decker is buying Sears’ iconic Craftsman tool brand in a deal valued at about $900 million. With the acquisition, which the manufacturer announced Thursday, Stanley will own the rights to develop, make and sell Craftsman products. The deal is expected to close this year. …

Nicole Daniels is a cashier and works the paint counter at Harris Ace Hardware. She’s used to helping customers; that’s her job. But customer service became far more important in January than it had ever felt to Daniels before. A …

A family of five in California now has a safer home due to a project partially funded by the North American Retail Hardware Association. NRHA provided The Fuller Center for Housing of Los Angeles with a $1,000 matching grant to help …

The North American Retail Hardware Association’s logo will be biking across the country this year. Bicyclists participating in the Fuller Center for Housing’s annual fundraiser, which is a 4,000-mile bike ride from California to Maine, will be wearing jerseys with NRHA’s …