Industry News

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 …

Home Depot, the world’s largest big-box home improvement company, has announced its third-quarter 2019 financial results. Overall, the company has seen third-quarter fiscal 2019 sales of $27.2 billion, a 3.5 percent increase over the same period in 2018. That sales …

New research from the National Retail Federation (NRF) and Prosper Insights & Analytics projects as many as 165.3 million people will shop during the U.S. Thanksgiving holiday weekend, traditionally one of the busiest retail periods each year. “The traditional Thanksgiving …

Northern Tool + Equipment is expanding its Midwest presence by opening two stores in Indianapolis. The new stores will each employ roughly 20 people and provide brand name tools and equipment for pros and DIYers alike. They will also offer …