Industry News

Do it Best graduated its inaugural class of LBM Academy students last week, equipping nearly 50 home center and lumberyard employees from across the country with proven techniques to more effectively drive sales with their pros and contractors. “Our No. …

Released in January 2023, Apple Business Connect is a free tool that gives businesses the ability to customize their location place cards with images, information and promotions. These customizations can then be seen by more than a billion Apple users …

Houzz Inc. released its 2023 Houzz U.S. State of the Industry Report. The report provides an outlook on 2023 and a review of 2022 performance for residential renovation and design businesses based on data reported by more than 2,000 professionals. …

True Value Hardware Co. recently announced its intentions for a yearlong celebration of its 75th anniversary. Founded in 1948 by John Cotter with 25 member stores, the business now serves over 4,500 independent retail hardware stores under a globally recognized …

Several home improvement and other big-box retailers shared financials from 2022. See how each performed last year. The Home Depot Sales for fiscal 2022 for The Home Depot were $157.4 billion, an increase of $6.2 billion, or 4.1%, from fiscal …

A new 500,000-square-foot Concept Center and 50-acre campus, a look back at 2022 and a peek ahead at 2023—plus an invitation to attend the 2023 NHPA Independents Conference—were among the topics discussed during a virtual Orgill Update. Orgill president and CEO …

Ace Hardware Corporation reported record Q4 2022 revenues of $2.2 billion, an increase of $124.5 million or 6% from the fourth quarter of 2021. Net loss was $4.6 million for the fourth quarter of 2022, a decrease of $13.9 million …

United Hardware has announced the appointment of Chad Ruth as its interim president and CEO. Chad brings a wealth of experience and expertise to the role and has been with the company for more than fifteen years. Former president and …