Ace Hardware Corp. and Lowe’s both recently released their second-quarter 2018 financial results. Earnings were up for both companies, but dive into their separate reports to get the full story on how these home improvement companies are faring at the …
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Orgill Announces Expansion of Facility, Names E-Commerce Partner
It was a busy week for hardware distributor Orgill Inc. In addition to hosting its Fall Dealer Market in Las Vegas, the company also made two big operational announcements. Visit the links below to learn more about Orgill’s plans for …
Read More »Longtime Wallace Hardware Merchandising Pioneer Dies
Longtime Wallace Hardware employee Stanley Price recently died at the age of 91 in Morristown, Tennessee. He had worked for Wallace for 70 years. Price was born May 1, 1927, and died Aug. 18. He joined the U.S. Army in 1945 …
Read More »Orchard Supply Hardware to Close Nationwide
Orchard Supply Hardware, a hardware and garden chain with 99 locations in California, Oregon and Florida, will close nationwide by the end of fiscal year 2018, parent company Lowe’s confirms in its second-quarter 2018 financial results. In the earnings report, …
Read More »Sears CEO Makes Proposal to Buy Kenmore Brand
ESL Investments, the hedge fund operated by Sears Holding Corp.’s CEO Edward Lampert, has made a formal bid to purchase the Kenmore brand from Sears, the Chicago Tribune reports. Earlier this year, it was reported that Sears was mulling the …
Read More »Home Depot Q2 Earnings Show Higher Sales, Increase in Online Shopping
The Home Depot today announced its second-quarter 2018 financial results, citing sales increases due to a boost in activity among DIYers and contractors. The big-box home improvement chain earned $30.5 billion in sales during the second quarter of fiscal 2018, which …
Read More »NRHA STIHL Foundations of Leadership Conference Empowers Retailers
Retailers from across the country recently attended the North American Retail Hardware Association (NRHA) STIHL Foundations of Leadership Conference to learn more about how to lead their teams effectively and institute best practices to improve their businesses. The two-day conference, sponsored …
Read More »Donald E. Frieson Joins Lowe’s Executive Team
After announcing a new leadership structure last month, Lowe’s has filled one of its vacant executive positions. The big-box home improvement company recently announced the appointment of Donald E. Frieson as executive vice president of supply chain, effective August 8. …
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