This month, Ace Hardware and The Grommet announced a collaboration that brings innovations of local makers into Ace Hardware retail stores. The Grommet, a product-launching platform for innovative consumer products, began its partnership with Ace for the holiday season, and it will continue in …
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Q&A: Economist Shares Outlook on 2017
Jack Kleinhenz is chief economist for the National Retail Federation (NRF), the world’s largest retail trade association. Formerly with the Federal Reserve Bank of Cleveland, Kleinhenz is a contributing forecaster to The Wall Street Journal, CNBC, Federal Reserve Bank of …
Read More »House-Hasson Advisory Group Recommends Dealer Market Changes
An advisory group made up of some of House-Hasson Hardware’s largest or oldest customers developed four significant changes for future House-Hasson dealer markets at a pre-market meeting in October. The advisory group meets at least annually to share with House-Hasson leaders …
Read More »Home Depot Executive Talks Fear and Success
When you’re an executive at a big box corporation, you might wake feeling a bit paranoid. Or at least that’s the case for Home Depot CFO Carol Tomé, according to CNBC. Tomé has been employed with The Home Depot for …
Read More »Home Hardware Stores Co-Founder Dies at 95
Walter Hachborn, former president and Home Hardware Stores Ltd. co-founder, died on Dec. 17 at the age of 95. Hachborn began his hardware career in 1938 at Hollinger Hardware in St. Jacobs, Ontario, and dedicated his entire life to serving his …
Read More »Top 10 Holiday-Quarter Revenue Earners Include Home Depot, Lowe’s
Home Depot and Lowe’s are projected to be among the top 10 holiday-quarter revenue earners, according to analysis by USA Today. Analysts based predictions on data from S&P Global Market Intelligence and project that 10 retailers will take 66.7 percent of all holiday-quarter …
Read More »NRHA State of Independents Conference Unites Industry
Retailers, distributors and manufacturers who attended the North American Retail Hardware Association’s (NRHA) second annual State of Independents Conference now have a detailed understanding of the performance and direction of the independent home improvement industry. The one-day conference, sponsored by …
Read More »Consultant: Sears, Like Titanic, ‘Looks Set to Sink’
Sears’ third-quarter earnings followed the company’s downward financial trend, inspiring conjecture about the possibility of the company’s demise. “Sears keeps promising investors a turnaround but its results only seem to get worse,” Fortune magazine says. This month, Sears Holdings Corporation released financial results that showed continued …
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