Industry News

Farm, pet and ranch chain Tractor Supply Co. announced its Q3 2023 financial report Thursday, noting 4.3% sales growth year over year for the quarter to $3.41 billion and slight decline in comparable store sales. “We delivered solid growth in …

The Federal Reserve released a proposal to lower the cap on debit card transaction fees, known as swipe fees. The National Retail Federation (NRF) responded to the proposal, saying it is a welcome move but leaves the fees higher than …

The HPM Foundation, the philanthropic arm of HPM Building Supply in Hawaii, has made a five-year pledge totaling $100,000 to the University of Hawaii Foundation to provide college scholarships to students enrolled at University of Hawaii (UH) campuses across the …

John H. Mize Jr., 84, former Blish-Mize Co. president and CEO, passed away on Oct. 22 after a short illness. Originally from Atchison, Kansas, Mize graduated from Atchison High School, attended the University of Kansas and later graduated from St. …

Ace Hardware, which will celebrate its 100th anniversary in 2024, has relocated its corporate headquarters to the former McDonald’s Corporate Campus in Oak Brook, Illinois. Ace, with construction partner Skender, transformed the previously unoccupied space into a modern workplace to …

During the third quarter of 2023, PPG posted record third quarter net sales of $4.6 billion. During Q3 2023, net sales were up 4% year over year. Net income in Q3 2023 hit $426 million, up 29% from Q3 2022, when …

Franchise Times released its annual Top 400 list, with the five companies that topped the list last year still holding onto those top spots. Ace Hardware kept the No. 5 position it had achieved in 2022, ranking behind Burger King, …

True Value Co. participated in and sponsored Habitat for Humanity’s Jimmy & Rosalynn Carter Work Project. This year’s Carter Work Project was a signature build event of Habitat for Humanity International and took place Oct. 1-6 in Charlotte, North Carolina. …