Home improvement chain Busy Beaver will open its 25th store in Delmont, Pennsylvania, in May 2021. The store will be located in a former movie theater and measure some 55,000 square feet, making it one of the company’s largest locations. …
Read More »Todd Taber
How to Reduce Stress for Greater Retail Success
Managing your home improvement team’s stress levels during the COVID-19 pandemic is essential. When managers don’t understand the pressures and complexities their team members face as individuals and as hardworking members of the home improvement channel, they aren’t positioning their …
Read More »How Will You Budget for 2021?
After an unprecedented year full of retail volatility and strong sales for home improvement retailers, how will you budget for your business in 2021? Over the past few months, the North American Retail Hardware Association (NRHA) has received hundreds of …
Read More »HPM Building Supply Adds 4 Locations in Hawaii
Fifth-generation, family-owned HPM Building Supply has merged with Miyake Concrete Accessories to expand HPM’s presence across Hawaii. Miyake Concrete Accessories operates four building supply stores and one manufacturing truss on Maui. HPM plans to renovate and rebrand the Maui locations, …
Read More »Ace International Announces Expansion Into Mexico
Ace Hardware International Holdings, a subsidiary of Ace Hardware Corp., has announced plans to expand into Mexico. In a statement, the company notes Mexico has the 11th highest GDP in the world and one of the highest homeownership rates. Ace …
Read More »U.S. Housing Starts Climb 23% in July
According to new data from the U.S. Commerce Department, housing starts increased 22.6 percent in July, the highest rate recorded in nearly four years. In total, seasonally adjusted housing starts in July were 1.5 million, up from June’s total of …
Read More »Analyzing Big-Box Q2 Performance
In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their second-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the second-quarter 2020 financial …
Read More »Distribution America and PRO Group Executive Planning Conference Goes Virtual
Distribution America and PRO Group’s annual Executive Planning Conference is going virtual. This year’s conference will use Zoom online meeting technology in place of the in-person event that was originally scheduled to take place in Tucson, Arizona. The 2021 conference …
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