Industry News

In just a few weeks, Do it Best will host the first ever Do it Best and True Value Spring Market, welcoming existing Do it Best member-owners and True Value retailers to join together as the new company looks toward …

Founder of Randy’s Do it Best Hardware Randy Andes recently announced his retirement after serving the independent hardware industry for over 50 years. Christian Herrick, Randy’s Hardware CEO and Andes’ son-in-law, will take over ownership at the company following Andes’ retirement. …

Lowe’s recently announced an update for its existing loyalty program for industry professionals, MVPs Pro Rewards. The program will now become MyLowe’s Pro Rewards™, geared towards small-to-mid-sized professionals. With the new program, users start earning points from sign-up and can …

This is one of a series of case studies into why training is important and the tangible results it can have on your business. Click Here to read other case studies. If there’s ever a question as to the effectiveness …

Recent data released by the U.S. Census Bureau reveals a slow down of retail sales in January following a strong holiday season, according to Jack Kleinhenz, National Retail Federation (NRF) Chief Economist. Despite the slow month at the beginning of …

After multiple tariffs on imports from China, Mexico and Canada were announced then placed on hold in early February, President Donald Trump announced a new round of tariffs on Feb. 10 that would raise steel and aluminum imports to a …

For the past 10 years, Forbes has ranked America’s best employers, tracking companies and organizations both small and large. The rankings are based primarily on survey responses from more than 217,000 employees working at these companies. Ace Hardware achieved the …

Ace Hardware recently announced financial results for the 2024 fourth quarter and fiscal 2024. The company reported record Q4 revenues of $2.3 billion, marking a 7.6% increase from Q4 of 2023. Full-year revenues increased 3.9% from last year, reaching $9.5 …