News

Consumers are still willing to buy even as smaller job and wage gains and high interest rates are slowing the growth of consumer spending, National Retail Federation (NRF) chief economist Jack Kleinhenz says. “U.S. economic growth for the remainder of …

R.P. Lumber announced it is acquiring Thorne Lumber Company, an independently-owned hardware and building materials retailer with three locations in northwestern Missouri. With this acquisition, R.P. Lumber will have 87 locations, including 20 in Missouri. “Strategically, this is the right …

Home Depot and delivery service provider Instacart have announced a partnership. The new relationship will offer customers nationwide same-day delivery as fast as one hour from Home Depot’s nearly 2,000 store locations. Customers can now order a wide range of …

Do it Best has named Jared Hufford to the role of director of strategic initiatives effective immediately. Hufford brings a wealth of experience to his new role, with a demonstrated history of success in the wholesale industry. His expertise spans …

In four short weeks, the biggest garden and barbecue trade fair in the world, spoga+gafa, will kick off in Cologne, Germany. Before the show, which takes place June 16-18, director Stefan Lohrberg shared with Hardware Retailing about the opportunities in …

Lugbill Supply Center, located in Archbold, Ohio, has acquired Affiliated Lumber in Swanton, Ohio, expanding its operation to two locations in northwestern Ohio. Owner Isaac Weber recently received a Young Retailer of the Year award from the North American Hardware …

Ace Hardware Corp. reported first quarter 2024 revenues of $2.1 billion, an increase of $51.6 million, or 2.5%, from the first quarter of 2023. Increases were seen across many departments with outdoor power equipment, power tools and lawn and garden …

MARSHALLTOWN HAMMER, a wholly owned subsidiary of MARSHALLTOWN, announced the purchase of all Vaughan & Bushnell Manufacturing Co. assets.  “I am thrilled that MARSHALLTOWN HAMMER has successfully acquired the assets of Vaughan Manufacturing—it hasn’t been an easy process and their …