True Value CEO Chris Kempa took time to speak to Hardware Retailing before the company launches its 2021 Spring V-Union. Learn more from Kempa about what to expect from this year’s virtual event, how True Value is adapting to better …
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Home Depot Announces $132B in 2020 Sales
Big-box chain Home Depot has announced its fourth-quarter and fiscal year 2020 financial results, reporting more than $132 billion in sales throughout the year. Sales in the fourth quarter stood at $32.3 billion, an increase of 25.1 percent from the …
Read More »Ace Hardware Reports Record Sales, Revenue in 2020
Ace Hardware Corp. has reported its fourth-quarter and fiscal year 2020 financial results, confirming a record-breaking year for the home improvement retailer. For the fourth quarter, Ace reported revenues of $2.1 billion, a 39 percent increase from the same period …
Read More »Register Now: True Value’s Spring 2021 V-Union Begins Feb. 22
True Value Co. is inviting retailers to Power Up at the company’s Spring 2021 V-Union event. Learn more about the online event and register to attend today. The company’s virtual spring trade show will kick off Monday, Feb. 22 and …
Read More »True Value Co. Welcomes New Supply Chain VP
True Value Co., one of the world’s largest hardlines wholesalers, has announced Dario Skocir will join the company as the vice president of supply chain on Feb. 22. Skocir has more than 30 years of transforming operations with innovative technologies …
Read More »Home Improvement Contractors See Mixed Market Opportunities
According to new data from home improvement and design website Houzz, U.S. construction businesses have a positive sentiment regarding home improvement activity in the first quarter of the year, but are tempering their outlook due to ongoing market volatility. The …
Read More »New Data Projects Home Improvement Momentum
The DIY momentum seen in 2020 may have staying power in 2021, according to new market data exploring the home improvement market size, existing home sales and overall recent home improvement retail sales. DIY Market Expands More home improvement shoppers …
Read More »Amazon Reports Q4 Net Sales of $126B, Departure of CEO Bezos
E-commerce giant Amazon reported its fourth-quarter 2020 financial results, confirming net sales of $126 billion, the first quarter in which the retailer has surpassed $100 billion. In total, the fourth-quarter revenue stands 44 percent above the same period in 2019, …
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