Retail sales data released by the U.S. Census Bureau shows consumers continued to increase their spending in July while the growth of the economy is moderating, says Jack Kleinhenz, National Retail Federation chief economist. Retail trade sales were up 1.1% …
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Festool Launches First-to-Market Exoskeleton
Festool announced a groundbreaking tool setting new standards for overhead tasks. The ExoActive exoskeleton supports users under the arm, taking effort out of strenuous work on walls or ceilings. It will be available starting Sept. 12, retailing at $3,495. “We …
Read More »Updated Training Course Explains the Basics of Profitability
Have you ever overheard an employee saying something like: “Wow, we sold a lot today, the owner must be getting rich!” Or, “I didn’t mean to break those flower pots, but that’s alright as I’m sure no one will notice …
Read More »Comparable Sales Down for Home Depot in Q2, Overall Sales Up Slightly
The Home Depot® reported sales of $43.2 billion for the second quarter of fiscal 2024, an increase of 0.6% from the second quarter of fiscal 2023. Total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), …
Read More »Ace 2024 Fall Convention Brings Together the Past, Present and Future
In celebration of 100 years of helpful service under its belt, Ace Hardware pulled out all the stops for its Fall 2024 Convention held in the company’s hometown of Chicago. Over three days, Ace retailers, vendors and industry players came …
Read More »84 Lumber Opens New Facility in Pennsylvania
84 Lumber has opened its newest door shop in Lawrence, Pennsylvania, housed in a 41,250-square-foot facility. The space is equipped with a door line and stair machine, dedicated to hanging interior doors, as well as building installation-ready stairs for the …
Read More »Valspar Names Blue Hue “Encore” Its 2025 Color of the Year
Retailer Congratulates Wholesaler on Milestone Anniversary
For Gene Pedrotti, hardware is much more than nuts and bolts. For Gene, hardware is history, family and community. As the third-generation owner of Pedrotti Ace Hardware in Benicia, California, Gene is committed to continuing the legacy his great-grandfather and uncles …
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