Existing home sales rose 9.4 percent in September over August levels, reports the National Association of Realtors (NAR). The rise in September sales marks the fourth consecutive month of existing home sales growth. In total, 6.5 million existing homes were …
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Westlake Ace to Open 22nd Store in Kansas City
Westlake Ace Hardware has announced plans to open a new store in Kansas City’s historic Brookside neighborhood. Westlake Ace is leasing a 6,600-square-foot retail space for the store and will have a soft opening in late 2020 or early 2021. …
Read More »PPG Reports $3.7B in Q3 Net Sales
Pittsburgh-based paint manufacturer PPG has reported its third-quarter 2020 financial results, recording $3.7 billion in net sales, a 4 percent drop from the same period in 2019. Net income from continuing operations for PPG hit $442 million. Selling prices rose …
Read More »Latest Houzz Data Highlights Home Improvement Strength
New data from home renovation and design platform Houzz suggests the home improvement market has recovered to pre-pandemic activity levels, reporting the strongest construction activity since the third quarter of 2018. “The results from the Houzz Q4 Renovation Barometer show …
Read More »STIHL Names New Director of Sales
Outdoor power equipment manufacturer STIHL has appointed Murray Bishop as the company’s director of sales. Bishop is a 21-year veteran of STIHL and most recently served as the branch director at Pacific STIHL. In his new role, Bishop will oversee …
Read More »3 Ways to Stay Active After the National Hardware Virtual Show
After four days of the latest products, incisive industry research and inspiring stories of success from independent home improvement retailers, it’s a wrap on the National Hardware Virtual Show and the NRHA All-Industry Conference! “We are truly grateful to everyone …
Read More »Third-Party Sales Surge During Amazon Prime Day
Amazon says small and medium-size businesses were the big winners during the company’s 2020 Prime Day event, traditionally one of the biggest online shopping days of the year. Third-party sellers on Amazon, which include many small enterprises, surpassed $3.5 billion …
Read More »Do it Best Hardware of Clinton Hill Makes a Home in Brooklyn
Wally Abulawi was looking for a building for a new supermarket in New York City when the notion struck him: His next business could be a hardware store. His retail experience came from owning and operating supermarkets, but the new …
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