Original News

Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the …

Lowe’s has named Marvin Ellison, former chairman and current CEO of J.C. Penney Co., as president and CEO, effective July 2. In March, Lowe’s announced a search for a new chief executive to replace retiring chairman, president and CEO Robert …

The 2018 Do it Best Spring Market focused on programs and products that help independent home improvement retailers operate strong businesses in today’s market. The market, May 18-21 at the Indiana Convention Center in Indianapolis, gave retailers from throughout the …

Walmart reported sales and revenue increases for its first quarter of 2018, with growth in its U.S., international and e-commerce segments. U.S. sales were $77.7 billion during the quarter, an increase of 3.1 percent above the same time period in …

Home Depot released its first-quarter 2018 financial results May 15, reporting an increase in sales. The company achieved $24.9 billion in sales during the quarter, for a 4.4 percent increase above the same period in 2017. By April 29, Home …

Last week, the city of Las Vegas brought the heat in many ways. In addition to warm weather, the 2018 National Hardware Show® and the North American Retail Hardware Association’s (NRHA) All-Industry Conference presented a sizzling showcase of unique products, …

Together, the National Hardware Show® and North American Retail Hardware Association (NRHA) All-Industry Conference have offered insight into what’s new and important in the home improvement industry. The show and conference were held May 8-10 in Las Vegas. “This year’s …

House-Hasson Hardware, an independent, regional hardware distributor based in Tennessee, is launching a major expansion of one of its two product warehouses. The company is adding a 50,000-square-foot addition to its Prichard, West Virginia, facility. The warehouse will have 300,000 …