Industry News

Westlake Ace Hardware has announced its plan to acquire three Haggerty Ace Hardware locations across New York. Haggerty Ace Hardware currently operates locations in Cooperstown, Delhi and Walton, New York. Westlake Ace expects the deal to be completed by January …

Click the picture to download a PDF of this story now.  Though there has been a lot of hushed talk in recent months about the R-word looming on our economic horizon, economist opinions are certainly split about whether a recession …

Many retail segments have contracted in recent years, but dollar stores are on the rise. They compete with home improvement businesses in several categories, such as small hardware items, cleaning supplies and other consumables. Neil Saunders, with data analytics company …

In 2016, Clark Porter took on the massive project of converting a 100-year-old car dealership into Small Town Supply, a 21st century hardware store. When he bought the old structure that became Small Town Supply, Porter saw potential for a …

Ace Hardware Corp. reported record highs for revenue and net income in the third quarter of 2019. The co-op’s revenues for the quarter hit $1.5 billion, an increase of 7.2 percent from the third quarter of 2018. Net income was …

2019 was a year full of home improvement headlines, including new leadership, new services and new possibilities for the channel. Review 2019 home improvement headlines to get a fuller picture of the year using the links below. *** December 2018 …

Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …

Homeowners are increasingly shopping online for home improvement products, according to recent research from the Home Improvement Research Institute (HIRI). About 33 percent of homeowners HIRI surveyed bought home improvement products online within the past year, but half of the …