News

True Value Company reported gross billings of $568.0 million for the quarter ending June 28, 2014, up 4.6 percent or $25.1 million from $542.9 million for the same period a year ago. Revenue was $429.5 million, an increase of 4.5 …

Home Depot Chairman and Chief Executive Officer Frank Blake is joining Delta Air Lines’ board of directors, the carrier according to the Atlanta Journal-Constitution. Blake, a former deputy secretary of the U.S. Energy Department, has been chairman and CEO of …

Woodson Lumber Company is celebrating 100 years in service this year. According to local newspaper, The Eagle, one hundred years ago, two Missouri brothers made their way to the Brazos Valley, where they settled in and took over a lumber …

Growth in home improvement activity is expected to climax during the second half of 2014 and then begin to ease heading into next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at …

RONA and Ace Hardware have announced a long-term agreement for master licensing of the Ace brand in Canada. Under this agreement, RONA has specific rights and privileges with respect to Ace Hardware brands, retail operating systems and web portals. RONA …

Wal-Mart Stores Inc replaced its U.S. head Bill Simon with Asia chief Greg Foran. According to Reuters, the moves comes as Wal-Mart seeks to restore the fortunes of its largest business after a year of sluggish sales. A 35-year retail …

Beginning July 1, Ace Hardware  became the wholesale supplier to Mitre 10, a New Zealand cooperative comprised of 81 member-owned stores. Hardware Retailing magazine interviewed Robert Moschorak, president of Ace Hardware International regarding some of the details of the agreement in the following exclusive …

The National Retail Federation lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster over the next five months. NRF forecasted in …