As you pack your bags to attend the National Hardware Show® May 9-11, plan for what you may bring home—product samples, information and possibly $100,000 to reimagine retail in your business! This year, the National Hardware Show is making a point to invest even …
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Last-Minute Shoppers Boost Holiday Sales
Last-minute shoppers gave holiday sales a boost, possibly improving sales overall for the shopping season, according to Reuters. On trend with a good selling season, Amazon reports very strong holiday sales, with customers using Amazon Prime more than than in any other year. Amazon Prime is a paid subscription …
Read More »Sears Announces 150 Additional Store Closures
Sears is planning to close 150 additional stores in an attempt to “enhance liquidity and stabilize operating performance,” the company announced Thursday. The company also confirmed that it has struck a deal to sell its Craftsman brand of tools to Stanley Black & Decker for $900 …
Read More »Stanley Buying Craftsman Tool Business in $900M Deal
Stanley Black & Decker is buying Sears’ iconic Craftsman tool brand in a deal valued at about $900 million. With the acquisition, which the manufacturer announced Thursday, Stanley will own the rights to develop, make and sell Craftsman products. The deal is expected to close this year. …
Read More »Sears to Close 30 More Stores in Q1
Sears has announced it will close more than 30 Kmart and Sears stores in the first quarter of 2017 in response to poor third-quarter earnings, according to Business Insider. The retailer made an internal announcement, but did not publicly state which …
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 »2016 Market Measure
To download a PDF of the complete 2016 Market Measure, please complete the form at the bottom of the page. The Ups and Downs of a Positive Year To simply state that 2016 has been a good year for home improvement …
Read More »Retailer Celebrates 100 Years in Business
The village of Fort Recovery, Ohio, is known for its rich history, whether it’s the battles that took place on the land in the late 1700s or the businesses that have been staples for years. Wangler Hardware is one of …
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