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 …
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2018 National Hardware Show® Highlights Innovation, Ideas
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, …
Read More »Retailers Gain Insight Into Industry and Innovations at National Hardware Show®
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 …
Read More »House-Hasson Expanding Warehouse Capabilities
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 …
Read More »Study: Shopping Local vs. Amazon Makes Powerful Impact
A newly released study, Home Sweet Home: Locals vs. Amazon, examines the powerful local impact consumers make when purchasing home improvement products at independent businesses instead of on Amazon. The new research reinforces the value of the local economic advantage small …
Read More »Canada’s Home Hardware Names New President
Canada’s Home Hardware has a new president. The company’s board of directors recently announced that, as of April 16, Terry Davis will serve as president. Davis has served as CEO since 2014, but succeeded Paul Straus as president upon Straus’ …
Read More »National Hardware Show® Announces 2018 Reimagine Retail Finalists
The National Hardware Show® has announced the five finalists of its Reimagine Retail program, which awards one independent retailer with $100,000 to jump-start a business improvement plan at their operation. This year, entrants were asked how they would use technology to …
Read More »True Value’s 2017 Financials Show Slight Revenue Decline
True Value Co. has released its final annual report as a cooperative, showing a slight revenue decline in 2017 from the year prior. In April, the company announced the sale of 70 percent of its stock to private-equity firm ACON Investments and …
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