Last August, along with celebrating 100 years of serving the independent channel, Ace Hardware also unveiled its new experiential store format, ELEVATE³ Ace, at the 2024 Fall Ace Convention. During this year’s 2025 Fall Convention, Ace Hardware celebrated its one-year …
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Orgill Announces Addition to Executive Team With Hiring of Julie Albrecht as EVP & CFO
Orgill has hired Julie Albrecht as its new executive vice president and chief financial officer. She will join the company on August 18. Albrecht brings more than 35 years of leadership and finance experience across multiple industries, including building products, …
Read More »Ferguson Do it Best Hardware to Celebrate Grand Opening
Ferguson Do it Best Hardware in Coatesville, Indiana, will celebrate its grand opening on Labor Day weekend. The Ferguson Lumber Corporation has been in operation since 1868 and became a member of Do it Best in 1978. In 2023, the …
Read More »Cardwell Do it Best Home Center Named 2025 Member of the Year by Do it Best
Cardwell Do it Best Home Center has been honored as the 2025 Member of the Year in the 5,000-12,000 square foot store category by Do it Best. Located on Indy’s Southside at 3205 Madison Avenue and serving customers online, Cardwell …
Read More »Fall 2025 Ace Convention Opens With General Session Focused on Growth, Customer Service
With an eye on growth and a focus on serving customers, plus a fireside chat with Ace Hardware president and CEO John Venhuizen, the 2025 Fall Ace Convention General Session gave retailers a look at the company’s priorities throughout the …
Read More »Canadian Lumber Duties Surge to 35%
The U.S. Department of Commerce recently announced it is more than doubling its countervailing duties on Canadian lumber imports from 6.74% to 14.63%. Two weeks ago, the Commerce Department announced it is significantly increasing its anti-dumping duties on Canadian lumber …
Read More »Lowe’s Holds AI-Focused 24-Hour Hackathon
Lowe’s recently held its third annual AI Day and a 24-Hour Hackathon, an event where over 600 Lowe’s associates from across the business signed up to learn about and solve problems with artificial intelligence. Tech teams tackled case studies sourced from …
Read More »Retail Spending Surges in July
Retail spending increased in July as consumers sought out summer sales to purchase goods before additional tariffs take effect, according to the National Retail Federation’s CNBC/NRF Retail Monitor. July sales in the building and garden supplies sector increased 1.32% seasonally …
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