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Industry News

Association Plans China International Hardware Show

The China National Hardware Association is planning its fall show, which is an international exhibiting platform for the home improvement industry that connects buyers and manufacturers from across the globe. The China International Hardware Show is scheduled for Oct. 21-23 in Shanghai, …

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Improving Your Online Presence

Having an online presence is extremely important in today’s retail climate. If nothing else, a business website needs to provide directions to locations and business operating hours because consumers expect to find that basic information online. But besides hours and …

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Ace Hardware Announces Record Q1 Results

Ace Hardware

This week, Ace Hardware Corporation reported record revenue and net income for the first quarter of 2015. First-quarter revenues of $1.2 billion were 10 percent higher than the first quarter of 2014.  Net income was $29.9 million for the first quarter of 2015, …

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Lowe’s Announces First Quarter Results

Lowe's

Lowe’s Companies, Inc. today reported net earnings of $673 million for the quarter ending May 1, a 7.8 percent increase over the same period a year ago. Sales for the first quarter increased 5.4 percent to $14.1 billion, up from $13.4 billion in the first …

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Ace International Expanding in Dubai

An Ace International retailer plans to open two new stores in Dubai, an area where the hardware co-op has invested in a distribution center and is refocusing some of its international growth. The Ace franchisee hasn’t released a timeframe for when …

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The Home Depot Reports Q1 Sales Growth

The Home Depot, the world’s largest home improvement retailer, today reported year-over-year sales growth the first quarter of fiscal 2015. The company, which is headquartered in Atlanta, had sales of $20.9 billion, a 6.1 percent increase from the first quarter of …

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Young Retailer Gets Training Scholarship

Jonathan Miller, 2015 Young Retailer of the Year Award winner, received a partial scholarship from the National Hardware Show® to attend the NRHA Retail Management Certification Program. Miller was awarded the $5,000 scholarship at the Young Retailer of the Year awards …

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