News

The U.S. House of Representatives passed a bill May 28 that amends provisions of the Paycheck Protection Program (PPP) to give small businesses more time to pay off the loans and more flexibility in how the money is used. The …

Westlake Ace Hardware is continuing to grow, recently announcing plans to acquire a store near St. Louis and open a new store in Kansas. The chain is part of Ace Retail Holdings, which is a subsidiary of Ace Hardware Corp., …

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. Canadian Retail Sees Record Decline as Online Sales …

The staff at Farmer’s Building Supply in Oregon has adjusted to an array of changes since COVID-19 began spreading in the state, and implementing and then eliminating new processes have been part of the journey. The team has worked well …

Following the success of its first virtual market in the spring, Home Hardware Stores Ltd. is proud to announce plans for another virtual event. The 2020 Fall Market, set for Sept. 13-20, will be held virtually. “We are pleased with …

Ace Hardware Corp. reported first-quarter growth in sales and profit that partially reflect changing consumer needs due to the COVID-19 pandemic. The co-op’s revenue was $1.4 billion during the first quarter, an increase of 3.8 percent above the first quarter …

In its first-quarter 2020 financial results, big-box retailer Target reports total revenue of $19.6 billion, an 11.3 percent rise from the same period in 2019. While its stores remained open amid COVID-19 in the U.S., Target also experienced significant digital …

After declaring bankruptcy in February, home decor retailer Pier 1 Imports is set to begin “an orderly wind-down” of operations. “This decision follows months of working to identify a buyer who would continue to operate our business going forward,” says …