Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell …
Read More »
First-quarter 2019 was a period of growth for Ace Hardware Corp. The Oak Brook, Illinois, co-op on May 22 reported first-quarter 2019 revenues of $1.4 billion, an increase of 5.1 percent from the first quarter in 2018. Net income was $22.6 million …
Read More »
Ace Hardware Corp. confirmed May 22 that the co-op now has full ownership of the Great Lakes Ace Hardware chain. The co-op’s first-quarter financial report says that Ace Hardware experienced revenue increases in early 2019, in part due to the acquisition of …
Read More »
The board of United Hardware Distributing Co., which is based in Plymouth, Minnesota, announced company president and CEO Steve Draeger will retire in 2020. Draeger has served the wholesaler for the past 20 years, the most recent 10 as its …
Read More »
The 2019 Do it Best Spring Market landed in Indianapolis May 17-20, and the co-op brought expanded opportunities for members to discover new products and enhance customer experiences. “It’s all about customer experience,” says Rich Lynch, Do it Best Corp. vice president …
Read More »
Amazon is expanding its Delivery Service Partner program to incentivize employees to establish their own delivery companies, according to a press release. The new incentive plan will give employees who begin their own delivery service up to $10,000 in startup …
Read More »
Pittsburgh-based home improvement retailer Busy Beaver is set to open its fourth location in Ohio on May 24. The company is also planning to open new locations in Pennsylvania this fall. The company’s latest Ohio location is in Calcutta and …
Read More »
Do it Best Corp. has named a new director of international sales with its promotion of industry veteran Scott Sproul, effective immediately. “Do it Best is committed to be the industry’s first and best choice for independent home improvement retailers, …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
