Julie Elrod, business manager for paint at Ace Hardware Corp., took questions from Hardware Retailing about recent research the co-op released. Ace commissioned the survey of 1,300 Americans to see how COVID-19 has impacted consumer interest in paint projects. Hardware Retailing (HR): …
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Home Ace Hardware’s Growth Story
Gary Johnson of Home Ace Hardware sees many reasons why his business has thrived over the past 34 years and continues to grow in Columbus, Georgia. Those reasons include working closely with customers to understand their wants and needs, retaining …
Read More »What to Expect From the Ace Hardware Virtual Convention
For the second time in 2020, Ace Hardware Corp. will be hosting a fully virtual convention. The event, slated for Sept. 9-12, is accessible to retailers through Ace Net, the co-op’s website for communicating with retailers, and a convention mobile …
Read More »Wholesale Lumber Survives Tragedy, Serves Through Pandemic
When Joseph Burks devoted much of 2018 to remodeling Wholesale Lumber in Clint, Texas, he had no idea the redesign would allow the store to serve customers better through a pandemic. At the time, he was working through the tragedy …
Read More »Ace Hardware Q2 Revenue Rises 35%
Ace Hardware Corp. saw revenue, income and store sales increase during the second quarter of 2020 as consumers shifted their spending in response to the COVID-19 pandemic. The co-op reports revenues of $2.3 billion for the months of April, May …
Read More »Do it Best Reports Record Profits and Rebates
Do it Best Corp. has announced record net profitability and record rebates for retailers during its most recent fiscal year, which ended in June. The co-op’s total sales for the year were $3.6 billion and net profit was up 12.6 …
Read More »Comparing the Big 3: Home Depot, Lowe’s, Menards
The three largest big-box home improvement retailers in the U.S. have unique stories. Lowe’s, as the oldest, began in 1921 as an independently owned single store that grew to 15 locations before it became an investor-owned business in 1961. Read …
Read More »Expert: Lowe’s Is Solid, but Was Slower to Invest in Changes
Warren Shoulberg is a retail industry observer and a contributing writer to a variety of business publications, including Forbes. He spoke with Hardware Retailing about Lowe’s position in the home improvement industry and the opportunities the big-box retailer has. For a comprehensive …
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