The Home Depot and Lowe’s recently launched their respective AI tools to provide personalized assistance in home improvement projects. Home Depot’s “Magic Apron” Home Depot is launching its suite of generative AI tools, named Magic Apron. The tools will help …
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US LBM recently announced the acquisition of Beach Window and Door in Calabash, North Carolina. The founders of Beach Window and Door, Harvey Sutton and David McPherson, will continue to run day-to-day operations at the store. “We’re excited to partner …
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Do it Best announced the appointment of Scott Morrison as member operational excellence manager. This new role was created to provide members with hands-on expertise to increase productivity and provide profitability in home centers, lumberyards and manufacturing components. In this …
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Westlake Ace Hardware announced it has signed an agreement to open a new store in the Sacramento, California, area. Ace Hardware of Land Park will feature around 19,000 square feet of retail space and will be located in the former …
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Target recently announced financial results for the full year and fourth-quarter of 2024. Total comparable sales increased 1.5% in the fourth quarter, reflecting a 0.5% decrease in comparable store sales. Net sales reached $30.9 billion, 3.1% lower in Q4 2024 …
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Multiple big-box retailers, along with Ace Hardware, recently released their full year financials for 2024. Hardware Retailing has gathered the data and compiled a list of the most important data for retailers to benchmark against their own operations. Ace Hardware …
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Following previous announcements regarding impending tariffs on Canada and Mexico, President Donald Trump has officially imposed 25% tariffs on Mexican and Canadian imports. The president also increased tariffs on Chinese products to 20% and taxes on Canadian energy will be …
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This year’s positive economic performance is expected to continue, according to the National Retail Federation (NRF), but uncertainty still stands as the White House and Congress make pivotal economic decisions. “While the U.S. economy has entered 2025 with a fair …
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