Great Lakes Ace announced it has signed an agreement to open a new, 13,000-square-foot store in Cincinnati, Ohio. The store’s soft opening is planned for the first quarter of 2026. “Great Lakes Ace is excited to open a new location …
Read More »
Ace Hardware Corporation announced changes to the company’s board of directors following its 2025 annual stockholders meeting. Director David Majure was elected to his first term on Ace’s board of directors, and Kristen Pellicer and Steven Burggraf were re-elected to the …
Read More »
Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high …
Read More »
Consumer confidence surged in May, with The Conference Board’s Consumer Confidence Index, rising 12.3 points to 98.0, more than a 10-point increase from April. “Consumer confidence improved in May after five consecutive months of decline,” says Stephanie Guichard, senior economist, …
Read More »
The U.S. Census Bureau’s Advance Monthly Sales for Retail and Food Services for April 2025 reported $41.3 million in retail sales for building material and garden suppliers, up 0.8% month over month and up 3.2% year over year. That compared with …
Read More »
During the first quarter of 2025, big-box home improvement retailers Lowe’s, Home Depot and Tractor Supply Company saw year-over-year increases in net sales but declines in net earnings. See the round-up and side-by-side comparisons below and read the full stories …
Read More »
Target Corporation released its financial results for Q1 2025, reporting net sales in Q1 of $28.8 billion, down 2.8% from Q1 of 2024 due to a decrease in merchandise sales. Comparable store sales decreased 3.8% in the first quarter, reflecting …
Read More »
Walmart recently released its financial results for the first quarter of 2025. Net sales for the quarter reached $108.7 billion, led by growth in the health and wellness and grocery categories. Walmart reported an increase of 4.5% in comparable store …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
