Industry News

Net sales for Tractor Supply Company during the third quarter of 2024 increased 1.6% to $3.47 billion year over year. The increase in net sales was driven by new store openings. Comparable store sales declined 0.2% year over year, driven …

Ace Retail Holdings announced the promotion of Tony Houk to vice president of store operations. Houk, who previously served as the chief operating officer of Great Lakes Ace Hardware, will oversee store operations at all Ace Retail Holdings locations. “Tony …

As over 180 million people are planning their in-store shopping during the Thanksgiving holiday weekend, some big-box retailers have changed their store hours, causing confusing for some shoppers. Hardware Retailing has compiled a list of some of the nation’s largest …

Do it Best announces the successful acquisition of True Value, a long-time competitor with a legacy brand that benefits both organizations. This monumental transaction represents a transformative milestone for Do it Best, True Value and the entire independent hardware industry. …

Walmart recorded $169.6 billion in total revenue during the third quarter of 2024, up 5.5% from the previous quarter. It recorded a 7.8% return on assets and had an operating income of $6.7 billion. “We had a strong quarter, continuing …

After nearly 20 years of service, John Mergy, vice president of information technology for Do it Best, announced his retirement this week.  Mergy first joined Do it Best as the manager of the IT division’s project management office, quickly advancing …

Sherwin-Williams announced its third quarter financial results, reporting an increase of consolidated net sales by 0.7%. “Sherwin-Williams grew sales, expanded gross margin, increased EBITDA and adjusted diluted net income per share despite continued choppiness in the demand environment,” says Heidi Petz, Sherwin-Williams president …

The holiday season is here, which means online shopping and activity is at its peak. The Retail and Hospitality Information Sharing and Analysis Center (RH-ISAC) recently released the 2024 Holiday Season Cyber Threat Trends Report, detailing the threats the retail, …