True Value reported revenue of $411.5 million, an increase of 1.0 percent for the same period a year ago, for the second quarter. The quarterly net margin for the co-op was $23.8 million, up 7.2 percent from a year ago. …
Read More »
Depending on your location in the country, drought and extreme heat are possible weather emergencies. When it gets too hot, people lose motivation for doing summer projects, and when there’s a drought, they might think twice before planting a flowerbed. …
Read More »
After reaching the highest level in more than six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based …
Read More »
A bankruptcy court decision Thursday put Greenwich, Conn.-based investment firm Littlejohn & Co. a step closer to acquiring and recapitalizing wholesale distributor Handy Hardware. The transaction is expected to close during the week of Aug. 5, and Doug Miller, former …
Read More »
Following bankruptcy court approval of investment firm Littlejohn & Co.’s acquisition of Handy Hardware, the wholesale distributor named former Jensen Distribution president Doug Miller as Handy’s interim CEO. Miller worked at Jensen Distribution Services for 45 years before retiring at …
Read More »
To watch the full video, click here. Ashley Saras from Old Masters explains what a spread in Hardware Retailing‘s Hot Products Buying Guide did for their business.
Read More »
Toano, Va.-based flooring retailer Lumber Liquidators finished strong after the spring remodeling season, with reported increased net sales of 22.2 percent to $257.1 million in the second quarter and a 14.9 percent increase in comparable store sales. Gross margin was …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
