In the third quarter of 2024, Ace Hardware marked record revenues of $2.4 billion, an increase of 2.8% from the third quarter of 2023. Grilling, power tools and outdoor power equipment showed the largest gains. Net income hit $99 million, …
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PPG Announces Executive Appointments
PPG announced multiple leadership appointments as the company continues to focus on driving and delivering on its growth strategy. Tom Maziarz, current PPG vice president of automotive refinish Americas, will become vice president of traffic solutions, effective Dec. 1. Maziarz …
Read More »Home Depot Releases Q3 Financials, Comparable Sales Down Again
The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
Read More »Hartville Hardware & Lumber Acquires Coshocton Lumber Company
Hartville Hardware & Lumber recently announced its acquisition of lumber supplier, Coshocton Lumber Company. Hartville Hardware president Scott Sommers says he hopes the acquisition will drive future growth in the store’s lumber category. Coshocton Lumber will continue to operate under …
Read More »Vendors Seek Return of Goods or Payment From True Value, Courts List Exec Bonuses and Payouts
(Disclosure: NHPA, which publishes Hardware Retailing and Paint & Decorating Retailer magazines, is among the vendors involved in theTrue Value bankruptcy claims.) As the True Value Company LLC bankruptcy and sale to Do it Best continues to move forward, several …
Read More »Aubuchon Company Acquires 124th Store
After a December settlement, The Aubuchon Company will acquire Anco Ace Hardware in Villas, New Jersey. Owners Liz and Jan Rupinski says they will keep the Anco Ace Hardware name on their storefront. “Running Anco Ace has been more than …
Read More »Coverings 2025 Opens Registration
Early registration is now open for Coverings 2025, the largest showcase of ceramic tile and natural stone. Complimentary registration is available through the end of 2024. A standard registration fee will be added beginning January 1, 2025 and onsite registration …
Read More »Lowe’s New Digital Home Platform Launches for MyLowe’s Rewards Members
Lowe’s recently introduced its new Digital Home Platform, a program providing personalized information to homeowners about home appliances, to members of the MyLowe’s Rewards program. The platform includes how-to content, warranties, manuals, replacement parts and recommended subscriptions for customer’s home …
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