The respective Boards of the Global Home Improvement Network (GHIN) and the International Hardware Association (IHA) have announced the IHA, representing hardware associations from around the world, is set to merge with the GHIN as of Oct. 1. This merger …
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Ground Rules for Gardens
New insights from the National Hardware Show reveal an uptick in gardening, self-sufficiency and food origin awareness is pushing DIYers to grow their own gardens. Data from seed company Bonnie Plants says 20 million people began gardens in the past …
Read More »Sherwin-Williams Shares Q2 Financial Results
The Sherwin-Williams Company ended its second quarter of 2021 with an increase in both net sales and gross profit from the same quarter in 2020. Net sales from stores in Q2 in the U.S. and Canada increased 19.3 percent, while …
Read More »Hawaii’s HPM Building Supply Celebrates 100th Anniversary
HPM Building Supply, Hawaii’s local, family-founded building industry retailer, manufacturer and supplier is celebrating its 100th anniversary in 2021. The company has survived two tsunamis, each time rebuilding and reestablishing itself. “HPM is grateful for the support of generations of …
Read More »Uncovering the Latest Home Design Trends
New data from online home remodeling and design platform Houzz reveals the latest home design trends you can use to bolster sales in your paint, housewares and design departments. By analyzing the frequency of certain search terms its audience of …
Read More »Analyzing Q2 2021 Big-Box Sales
Investigating big boxes’ second-quarter sales can help every independent home improvement operator position their own operations for success. Take a look at the latest financial reports from Home Depot, Lowe’s and Tractor Supply to learn how each has fared during …
Read More »Ace Reports Another Record-Breaking Quarter for Revenues
After posting a record-breaking first quarter, Ace Hardware continues to shatter revenue numbers in the second quarter of 2021. Ace revenues for the second quarter were $2.5 billion, up 8.2 percent from last year and an increase from the $2 …
Read More »Lowe’s Reports $27.6B in Q2 2021 Sales
Lowe’s has announced its second-quarter 2021 financial results, confirming $27.6 billion in net sales for the period. The figure represents a 1.1 percent increase over the same period in 2020. The company reported net earnings of $3 billion, a 7 …
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