Industry News

Unveiled today at Ace Hardware’s Fall 2024 Convention in a 13,000-square-foot Store on the Floor, ELEVATE3 Ace is a new experiential store concept that will roll out at new and existing stores over the next five years. Ace plans on …

Do it Best has announced expanded capabilities for selling lumber online, offering customers a more streamlined and efficient shopping experience.  “Our data showed that lumber was among the top searches on our site, indicating a clear market demand,” says Brianna …

Hillman Solutions Group announced that Jon Michael Adinolfi, Hillman’s current chief operating officer, will transition to the role of president and chief executive officer and Doug Cahill, Hillman’s current chairman, president and chief executive officer, will transition to the role …

Westlake Ace Hardware has agreed to acquire four stores from Breed & Co. Ace Hardware, a family-owned retailer based in Austin, Texas. The acquisition will be completed on September 30. Westlake Ace will acquire all three Breed & Co. Ace …

Ace Hardware has been awarded the prestigious ‘Best of the Best’ title in the July/August issue of Entrepreneur magazine and on Entrepreneur.com. Ace Handyman Services has also been named a ‘Best of the Best’ opportunity in the home repairs and …

In Q2, the U.S. economy grew twice as fast as it did in Q1, which was supported by consumer spending and private inventory investment, according to the National Association of Home Builders (NAHB). Consumer spending rose at its annual rate …

Tractor Supply Co. released its Q2 financials, announcing a 1.5% increase in net sales, totaling $4.25 billion. The increase in net sales was driven by new store openings, partially offset by the decline in comparable store sales. Comparable store sales …

Do it Best announced the appointment of Randy Rusk as the new executive director of the Do it Best Foundation, effective immediately. In this newly created role, Rusk will focus on expanding the foundation’s impact and presence in the communities …