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Costello’s Ace Hardware Acquires Delta Lumber

Costello's Ace Acquisition

Costello’s Ace Hardware recently announced its acquisition of Delta Lumber in Whiteford, Maryland.  Costello’s will rebrand the business as Delta Lumber Ace Hardware following the acquisition.  “With this transition, I am confident that Delta Lumber is in great hands with Costello’s …

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Ace CEO Offers Insights Into Year Ahead

Ace CEO

The Ace Hardware 2025 Spring Convention just wrapped up in San Antonio, Texas, welcoming over 11,200 attendees—including 4,073 Ace retailers and a record 564 Emery-Jensen retailers—who browsed the sold-out show floor and engaged with the 5,020 vendors sharing their products …

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Big Box Stores Launch AI Tools

Home Depot and Lowe's AI

The Home Depot and Lowe’s recently launched their respective AI tools to provide personalized assistance in home improvement projects. Home Depot’s “Magic Apron” Home Depot is launching its suite of generative AI tools, named Magic Apron. The tools will help …

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US LBM Expands in North Carolina

US LBM acquisition

US LBM recently announced the acquisition of Beach Window and Door in Calabash, North Carolina. The founders of Beach Window and Door, Harvey Sutton and David McPherson, will continue to run day-to-day operations at the store. “We’re excited to partner …

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Do it Best Appoints Member Operational Excellence Manager

Do it best appointment

Do it Best announced the appointment of Scott Morrison as member operational excellence manager. This new role was created to provide members with hands-on expertise to increase productivity and provide profitability in home centers, lumberyards and manufacturing components.  In this …

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Target Releases 2024 Q4 and Full-Year Financials

target Q4 2024 financials

Target recently announced financial results for the full year and fourth-quarter of 2024. Total comparable sales increased 1.5% in the fourth quarter, reflecting a 0.5% decrease in comparable store sales. Net sales reached $30.9 billion, 3.1% lower in Q4 2024 …

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