The largest global garden and BBQ trade fair, spoga+gafa, gained Claudia Maurer as a new director in November. Maurer shared insights about her experience managing spoga+gafa, as well as some of her personal experiences and changes, with Hardware Retailing. Hardware …
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Total outstanding U.S. consumer debt stood at $5.10 trillion for the third quarter of 2024, increasing at an annualized rate of 3.28%, according to the Federal Reserve’s G.19 Consumer Credit Report. Consumer debt has slowed over the past two years, …
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In the third quarter of 2024, Ace Hardware marked record revenues of $2.4 billion, an increase of 2.8% from the third quarter of 2023. Grilling, power tools and outdoor power equipment showed the largest gains. Net income hit $99 million, …
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PPG announced multiple leadership appointments as the company continues to focus on driving and delivering on its growth strategy. Tom Maziarz, current PPG vice president of automotive refinish Americas, will become vice president of traffic solutions, effective Dec. 1. Maziarz …
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The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
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Hartville Hardware & Lumber recently announced its acquisition of lumber supplier, Coshocton Lumber Company. Hartville Hardware president Scott Sommers says he hopes the acquisition will drive future growth in the store’s lumber category. Coshocton Lumber will continue to operate under …
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(Disclosure: NHPA, which publishes Hardware Retailing and Paint & Decorating Retailer magazines, is among the vendors involved in theTrue Value bankruptcy claims.) As the True Value Company LLC bankruptcy and sale to Do it Best continues to move forward, several …
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After a December settlement, The Aubuchon Company will acquire Anco Ace Hardware in Villas, New Jersey. Owners Liz and Jan Rupinski says they will keep the Anco Ace Hardware name on their storefront. “Running Anco Ace has been more than …
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