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Homebuying Is Spurring Remodeling Activity

homebuying remodeling

New information from the Home Improvement Research Institute (HIRI) demonstrates how a recent uptick in home sales has motivated a surge in home remodels. HIRI recently surveyed 800 homeowners who have purchased a home within the past 12 months to …

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House-Hasson Names New Warehouse Manager

house-hasson hardware

House-Hasson Hardware has named Paul Thorman to manage the company’s approximately 750,000 combined square feet of warehouses in Knoxville, Tennessee, and Prichard, West Virginia. He will be responsible for warehouse operations and supervision of nearly 300 warehouse employees. House-Hasson currently …

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Explore Q3 2020 Big-Box Financial Results

big box

In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their third-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the third-quarter 2020 financial …

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Engaging Customers Through Curbside Pickup

curbside pickup

Recently, the National Retail Federation (NRF) spoke with Ron Lutz, chief retail officer at strategy firm Miller Zell. Lutz discussed how retailers can truly engage customers, even during social distancing and curbside pickups, which have grown increasingly common for home …

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Do it Best Announces Spring Market Plans

do it best spring market

Do it Best Corp. has announced its plan to continue the virtual market format for its Spring 2021 event after the success the co-op had with its Fall 2020 market. The market will take place online from March 7 to …

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Ace Hardware Achieves Record Q3 Revenue

ace hardware q3 revenue

Ace Hardware Corp. reported record third-quarter 2020 revenues, showing the ongoing growth of same-store and online sales during the COVID-19 pandemic. The growth in the third quarter follows a very strong second quarter, which was strongly shaped by consumer’s pandemic …

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Lowe’s Records $22.3B in Q3 2020 Sales

lowe's q3 2020

Big-box home improvement chain Lowe’s has announced its third-quarter 2020 financial results, reporting $22.3 billion in sales for the quarter, about 28 percent higher than in the same period in 2019. Net earnings for Lowe’s amounted to $692 million, down …

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