News

In the third quarter of 2024, Ace Hardware marked record revenues of $2.4 billion, an increase of 2.8% from the third quarter of 2023. Grilling, power tools and outdoor power equipment showed the largest gains.   Net income hit $99 million, …

PPG announced multiple leadership appointments as the company continues to focus on driving and delivering on its growth strategy. Tom Maziarz, current PPG vice president of automotive refinish Americas, will become vice president of traffic solutions, effective Dec. 1. Maziarz …

The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …

Hartville Hardware & Lumber recently announced its acquisition of lumber supplier, Coshocton Lumber Company. Hartville Hardware president Scott Sommers says he hopes the acquisition will drive future growth in the store’s lumber category. Coshocton Lumber will continue to operate under …

(Disclosure: NHPA, which publishes Hardware Retailing and Paint & Decorating Retailer magazines, is among the vendors involved in theTrue Value bankruptcy claims.)  As the True Value Company LLC bankruptcy and sale to Do it Best continues to move forward, several …

After a December settlement, The Aubuchon Company will acquire Anco Ace Hardware in Villas, New Jersey. Owners Liz and Jan Rupinski says they will keep the Anco Ace Hardware name on their storefront.  “Running Anco Ace has been more than …

Early registration is now open for Coverings 2025, the largest showcase of ceramic tile and natural stone. Complimentary registration is available through the end of 2024. A standard registration fee will be added beginning January 1, 2025 and onsite registration …

Lowe’s recently introduced its new Digital Home Platform, a program providing personalized information to homeowners about home appliances, to members of the MyLowe’s Rewards program. The platform includes how-to content, warranties, manuals, replacement parts and recommended subscriptions for customer’s home …