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Industry News

Will Tokens Replace Plastic Credit Cards?

swipe fees

Many consumers don’t feel as safe shopping with a credit card as they did before big box retailers such as The Home Depot had customers’ payment card information stolen in data breaches. The growing concerns about credit card security is piquing interest …

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Overview of Home Improvement Market in Third Quarter 2014

North American Retail Hardware Association’s Executive Trends Survey shows that hardware retailers across the country gauge their growth in different categories on a quarterly basis, and overall, the retailers saw sales growth. The survey for November 2014 found that sales growth in …

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Ace Hardware November Sales Exceed Expectations

Ace Hardware

Ace Hardware’s November sales exceeded expectations, with same-store sales soaring 9.9 percent over November 2013 numbers, according to a press release from the cooperative. In addition, same-store transactions improved by 4.9 percent year over year. “While it seemed many competitors were tripping …

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Ace Hardware Awarded Private Fleet of the Year Award

Fleet Owner magazine has recognized Ace Hardware’s distribution team as its 2014 Private Fleet of the Year. As part of the honor, the December 2014 issue of Fleet Owner features a cover story that recognizes Ace’s innovative fleet management. “We’re proud that …

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Additional Services Attract Customers

Although competing with online retailers and big box stores can be frustrating to independent store owners, independent retailers stand out in many ways, including through free or unique services they offer every day. While not every home improvement, hardware store and lumberyard is the same, they …

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Weather to Impact Holiday Shopping Season

On Dec. 11, Planalytics, a global leader in business weather intelligence, hosted the company’s annual Holiday Homestretch webcast. The webcast gave an updated analysis on the holiday shopping season at its midpoint, how weather will play a role in consumer …

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Lowe’s to Add Sherwin-Williams’ Paint

In March, Lowe’s will sell Sherwin-Williams’ HGTV HOME™ brand paints in stores and online. According to a Lowe’s press release, the “product line will feature a new and improved interior and exterior paint program.” HGTV HOME’s “color palette will offer …

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BuildDirect: A New Home Improvement Competitor

An online home improvement retailer has gotten millions of dollars in investments this year. Investors have committed $50 million in funding for the retailer, BuildDirect of Vancouver, to improve its product assortment and online platform, according to Forbes. The online retailer sells hardwood flooring, …

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