Ace Hardware Corp. has reported record second-quarter 2019 revenues of $1.7 billion, an increase of 6.3 percent from the second quarter of 2018. Net income was $53.8 million for this period, a decrease of $1 million from the second quarter …
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Understanding Lumber Prices
David Logan, director of tax and trade policy analysis for the National Association of Home Builders (NAHB), answered questions from Hardware Retailing about lumber prices and other concerns in the homebuilding sector. Hardware Retailing (HR): Why are lumber prices lower …
Read More »Where the Smart Home Market Is Growing
The U.S. smart home market is growing quickly. In fact, the Home Improvement Research Institute (HIRI) projects that the market will more than triple in size from 2018 to 2022. Five years ago, safety and security devices were the biggest …
Read More »NRHA New England Road Trip Shows Strength of Independent Retail
In order to stay connected with retailers like you, the North American Retail Hardware Association (NRHA) makes it a point to get out and visit as many independent hardware stores, home centers and lumberyards in North America as we can. …
Read More »Hit the Road With Renee: Tailoring Inventory and Serving Communities in Vermont, Boston
On the fourth day of the NRHA New England Road Trip, I made my way to the Golden Eagle Resort in Stowe, Vermont, to get some sleep before my final day of meeting the enterprising retailers who call the region …
Read More »Hit the Road With Renee: Reliable Operations in New Hampshire, Fun Vibes in Vermont
After dropping my NRHA colleague Kevin off at the airport Wednesday evening, I made my way to Exeter, New Hampshire. I checked into The Exeter Inn, a boutique hotel that was built in 1932 to host visitors to the Phillips …
Read More »Hit the Road With Renee: Home Improvement History and Theatrics in Massachusetts
On the third day of the NRHA New England Road Trip, my colleague Kevin and I were eager to visit and learn more about two outstanding operations in Massachusetts. We were also excited to reach Boston and enjoy a taste …
Read More »Hit the Road With Renee: Company Culture and Creativity Among Maine Retailers
To start the second day of the NRHA New England Road Trip, NRHA’s webmaster Kevin Trehan joined me for a few days to help capture the stories of the retailers we’re visiting. He arrived late Monday evening so we could …
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