R.P. Lumber Co. Inc. continues to grow with the pending acquisition of Schrock Lumber Co., a 60-year-old family-owned hardware, lumber and building materials retailer located in Mediapolis, Iowa. The transaction will close on Friday, March 1st. Terms of the deal …
Read More »Lindsey Thompson
Employees’ Passions Guide Round-Up Fundraisers
When Karsten’s Maricopa Ace Hardware in Maricopa, Arizona, hosts round-up fundraisers, it turns to its employees to choose what organizations will benefit from the money raised. Store manager Chris Grover says the store will host several round-up fundraisers throughout the year …
Read More »Exclusive: Do it Best Merchandising VP Offers Houston Preview, Outlines Company Priorities
Ahead of the Do it Best Spring 2024 Market in Houston, Hardware Retailing had the opportunity to talk to vice president of merchandising Jason Stofleth. Learn more about the co-op’s strategies for helping retailers navigate inventory and increase foot traffic …
Read More »Tractor Supply Reports 2.5% Growth in Net Sales, Plans 80 New Stores
Tractor Supply has released its 2023 annual report, which shows the farm, pet and ranch retailer saw net sales increase 2.5% over 2022 to $14.56 billion. Comparable store sales were even with the prior year, while comparable store transaction size …
Read More »True Value Will Take Over Universal Studios for Fall Reunion Welcome Reception
True Value Co. will provide Fall Reunion attendees exclusive access to Universal Studios Florida for its Welcome Reception on Sept. 9. The twice-a-year event kicks off that morning with a session from senior leaders and the opening of the show …
Read More »Orgill Subsidiary Tyndale Advisors Names New President
Tyndale Advisors, the wholly owned subsidiary and marketing arm of Orgill Inc., has announced the promotion of Jim Rivas to president. The change represents a strategic pivot toward prioritizing growth and innovation, both within the company and for the clients …
Read More »EISENWARENMESSE to Highlight Product Discovery, Education
On March 3-6, home improvement retailers, vendors and other industry members will meet together in Cologne, Germany, for product discovery and education at the EISENWARENMESSE International Hardware Fair Cologne 2024. As a central meeting place for the international hardware industry, the …
Read More »Q4 Sales, Transaction Count Down, Transaction Size Up Slightly in Retailer Index
Each quarter, the North American Hardware and Paint Association (NHPA), in conjunction with The Farnsworth Group, surveys independent retailers on several key operating metrics. The Independent Retailer Index asks retailers across the U.S. about their year-over-year performance in the previous …
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