News

Bernard “Bernie” Marcus, the co-founder of The Home Depot, died Monday at the age of 95. According to a news release from Home Depot, Marcus was the son of Russian Jewish immigrants and grew up in a tenement in Newark, …

On Monday, Nov. 4, True Value sent a notification to vendors and retailers, stating that it was temporarily suspending its drop ship program to remain focused on primary business during the bankruptcy case and sale to Do it Best. (In …

Koelnmesse and dmg events have partnered for a strategic joint venture that will expand the Saudi Arabian hardware industry—the International Hardware Show Saudi Arabia.  The new International Hardware Fair Saudi Arabia will take place annually at the International Convention & …

Ian White will take over from Kevin Macnab as Home Hardware Stores Limited’s new president and CEO, effective Nov. 18. White is a career retailer with over 30 years of experience and a proven history of leading high-performing teams to …

Neutral tones and light blues dominated many Colors of the Year in 2024 but in 2025, bright yellows and deep blues dominate the trending color market. By tracking trending colors from the paint manufacturers, you will be able to help your customers …

True Value Company and its secured lenders, led by PNC, today reached a major milestone agreement to avoid the liquidation of the 75-year-old Chicago-based distributor in a move that will push the sale to Do it Best forward for now. The …

R.P. Lumber Co. Inc. plans to acquire Guyot Lumber & Hardware, an independently owned retailer of hardware, lumber and building materials in Perryville, Missouri. The transaction, scheduled to close on Nov.1 marks R.P. Lumber’s eighth acquisition this year and its …

The U.S. economy grew at 2.8% in Q3 2024, according to the estimate released by the Bureau of Economic Analysis. This growth follows a 3.0% increase in Q2 of 2024. This quarter’s growth matched the National Association of Home Builders …