News

The showfloor at McCormick Place was packed today, as independent retailers from all over the world gathered for the start of Orgill’s 2019 Fall Dealer Market. Attendees explored 800,000 square feet of showfloor, discovering new products, special pricing and networking …

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 …

At the kickoff of the 2019 NRHA STIHL Foundations of Leadership Conference, STIHL announced a donation of 110 battery-powered lawn mowers to The Fuller Center for Housing. Roger Phelps, corporate communications manager of STIHL, delivered the donation on behalf of …

Big-box home improvement chain Lowe’s has announced its second-quarter 2019 financial results. In total, the company reported net earnings of $1.7 billion in the second quarter. This figure represents an 8 percent decrease over its second-quarter 2018 earnings of $1.86 …

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 …

Big-box home improvement retailer Home Depot has released its second-quarter 2019 financial results, reporting second-quarter sales of $30.8 billion. This figure represents a 1.2 percent increase over the same period in 2018 and a 16.6 percent increase over the company’s …

U.S. homebuilders are feeling more confident about the economy and their trade, based on the latest Housing Market Index released by the National Association of Home Builders (NAHB) and Wells Fargo. Overall, homebuilder confidence rose to 66 points in August, …

The North American Retail Hardware Association (NRHA) recently co-located two events at the 2019 Independent Garden Center (IGC) Show, which was also home to the  Independent Home Improvement Show, presented by the National Hardware Show®. The combined event was an …