Marvin Ellison, Lowe’s president and CEO, has added an additional role to his job duties and will now also serve as the chairman of the board. Ellison, who joined the company in July 2018 as president, chief executive officer and …
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Home improvement industry pioneer and former Hardware Retailing editor Bob Vereen has died at age 96. He was born Sept. 8, 1924 in Stillwater, Minnesota. He spent his professional life covering the home improvement channel, visiting countless home improvement stores …
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After a year of record sales and renewed interest in the home improvement channel, take a moment to review some of the latest industry data to better understand your DIY and pro customers. The Farnsworth Group has released new research …
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When temperatures drop below freezing for several days or storms damage buildings, general manager Jason Wright and other staff members post their personal cellphone numbers on the store’s Facebook page with reminders that customers can call if their water pipes …
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Coming to the Chelsea neighborhood of New York City, Google’s first physical retail store will open in summer 2021. The store will be a part of the company’s campus in the city, where over 11,000 Google employees work. The store …
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US LBM announced that it has reached an agreement to acquire American Construction Source (ACS), a leading national building materials distribution platform for custom home builders and repair and remodel contractors. ACS’s portfolio includes multiple locally branded building material distributors …
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New data shows the rate of existing home sales in the U.S. has fallen for the third consecutive month after reaching a record high in October. Additionally, April housing starts have also fallen since March. In total, existing home sales …
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After confirming record-breaking fiscal year 2020 financial results, Ace Hardware is continuing to reach new heights by posting record first-quarter revenues in 2021. Total revenue for the company hit $2 billion, a 42 percent increase from the first quarter of …
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