News

Ace Retail Holdings, the parent company of Westlake Ace Hardware, Great Lakes Ace Hardware and other retail brands, announced it will relocate its Store Support Center (SSC) from its current location in Lenexa, Kansas, to a complex in Overland Park, …

Lowe’s reported its Q1 2025 financials, marking $20.9 billion in total sales, a 1.04% decrease year over year. Comparable store sales for the quarter decreased 1.7% as unfavorable weather early in the quarter was offset by mid-single-digit pro and online …

Arrow Fastener announced it will now be operating under the name Arrow Tool Group, effective immediately.  “For nearly a century, Arrow has stood for American ingenuity, hands-on reliability and practical solutions that professionals and DIYers depend on,” says Roberto Izaguirre, …

Verizon Business announced the results of its sixth annual State of Small Business Survey, reporting that small and medium-sized businesses (SMBs) are strongly adopting technology to increase market growth and operational efficiency. Driven by increasing accessibility to artificial intelligence (AI) …

The Home Depot released its Q1 2025 financials, reporting sales of $39.9 billion for the first quarter of fiscal 2025, an increase of 9.4% from the first quarter of fiscal 2024. Comparable sales for the first quarter of fiscal 2025 decreased …

Do it Best Group announces the appointment of Marianne Thompson as its new executive vice president of transformation and integration, a new role created to lead the next phase of integration for True Value and United Hardware into the Do …

Chris Romero has been added to the Jeske Hardware Distributors sales team as account manager for its Texas sales territory. Romero brings over 20 years of sales experience to Jeske. In his new role, Romero will be responsible for servicing …

Last week, Weber signed an agreement to make Ace Hardware and its subsidiary, Emery Jensen Distribution, its exclusive distribution partners within the independent home improvement channel beginning in 2026. The agreement has generated mixed feedback from retailers across the independent …