Ace Hardware Corp. reported revenue and same-store sales growth for the third quarter of 2018. The co-op’s quarterly revenues were $1.43 billion, an uptick of 6.3 percent from third-quarter 2017. The growth was the result of adding new stores, increasing retail …
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Federal Changes to Housing Affordability
Homeownership benefits home improvement retailers for clear reasons, including the fact that homeowners maintain and upgrade their houses with products retailers sell. Buying, though, is more difficult than it used to be, due to high prices and a limited number …
Read More »Q&A: A Perspective on Home Sales, Remodeling and Construction
Paul Bishop is the vice president of research for the National Association of Realtors® and leads the research division’s survey and market research activities, which include analyzing real estate business and policy issues. He took questions from Hardware Retailing magazine about the …
Read More »Maine Retailer Scoops Up New Opportunities With Ice Cream Shop
For 20 years, Pete Erickson’s job was selling and servicing forestry equipment, which required him to travel all across New England. Yet four years ago he decided to change his career path drastically. From spending his days outside in the …
Read More »Home Improvement eRetailer Summit Highlights Ways to Succeed Online
Retailers, manufacturers and industry professionals gathered in Chicago for the third Home Improvement eRetailer Summit. Held Nov. 7-9, the event was designed to allow attendees to gain information and insights on e-commerce opportunities while also fostering new relationships through a …
Read More »Marcon Building Supply Halloween Event Unites Community
In Markleysburg, Pennsylvania, local businesses came together to put a spell on shoppers just in time for Halloween. On Oct. 20, Marcon Building Supply hosted its first Halloween-themed event to bring customers of all ages through its doors, meet the …
Read More »Physical Stores Beat Amazon for Power Tool Sales
Click the picture to download a PDF of this story. By Kate Klein, kklein@nrha.org Brick-and-mortar retailers in the U.S. still garner the majority of consumer spending on power tools, despite the ever-expanding online retail marketplace. Recent TraQline survey data from research firm …
Read More »Norfolk Hardware Helps Restore Historic Boston Farm
When the Fowler Clark Epstein Farm was first built in the late 1700s, its owners contributed to the everyday life of the colonial community by farming the then-rural area. Now, more than 200 years later, it is once again a …
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