Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …
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Exclusive: True Value CEO Chris Kempa Shares Thoughts on Retail Success
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 …
Read More »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 »Orgill Spring Online Buying Event Highlights Platform Enhancements & Special Buys
Orgill Inc. successfully concluded its Spring Online Buying Event, where it saw strong participation and set sales records, while rolling out a series of enhancements that made the two-week virtual event more intuitive and user-friendly for both exhibitors and retailers. …
Read More »Tractor Supply Co. to Acquire Orscheln Farm and Home
Tractor Supply Co. has announced it has entered into an agreement to acquire Orscheln Farm and Home, a retail chain of farm and ranch supply stores with 167 stores in 11 states. The acquisition will be an all-cash transaction for …
Read More »House-Hasson Hardware President Don Hasson Dies
Don Hasson, president and chief executive officer of House-Hasson Hardware, America’s largest independent regional hardware distributor, has died. Mr. Hasson, 70, died Monday, Feb. 15, at Duke University Medical Center of complications from COVID-19. James K. Hasson, Jr., the company’s …
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 …
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