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Industry News

Back-to-School Trends for 2022

back to school supplies

According to the National Retail Federation’s Annual 2021 Back-to-School Survey, 51 percent of K-12 and college shoppers begin shopping for the items they need as early as July. Make the grade by taking note of trending back-to-school items and the …

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Ace Hardware Sees Record-Breaking Q1 2022

Ace Q1 2022

With revenues of $2.2 billion, Ace Hardware recorded another record-breaking quarter in Q1 2022. Revenues in the first quarter of 2022 were up 8.9 percent, on top of last year’s increase of 42 percent. The company also posted a record …

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Q1 2022 Financials Round-Up

Q1 2022 financials

Several major big-box retailers and manufacturers recently released their Q1 2022 financials; here’s a look at how each performed in the first quarter of this year.  The Home Depot The Home Depot reported $38.9 billion in sales for the first …

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Renee on the Road Takes on the Big Apple

Renee on the Road

Staff members with the North American Hardware and Paint Association (NHPA) are excited to head out on another journey to visit independent hardware and paint retailers in New York City with Renee on the Road. The association’s trip to the Big …

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J.D. Power Releases 2022 U.S. Paint Satisfaction Study

Paint grants

J.D. Power’s 2022 U.S. Paint Satisfaction StudySM has recently been released, providing insight into the satisfaction of customers who have purchased and applied interior paint, exterior paint and exterior stain in the past year. The study revealed that 49 percent …

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CNRG Relaunches Germantown Hardware

Germantown Hardware

Germantown Hardware, located in Germantown, Tennessee, welcomed members of the local community to celebrate its grand reopening in April, with events that included a ribbon-cutting ceremony, a tour with city officials and a customer celebration. The grand reopening not only …

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