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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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Frager’s Hardware Hosts a Socially Distant Centennial

Frager's

The COVID-19 pandemic derailed initial plans for celebrating the 100th anniversary of Frager’s Hardware & Garden Center, the longest continuously operating hardware store in Washington, D.C. Determined not to let the centennial pass by without recognition, the store staff organized …

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Channellock Completes Historic Plant Expansion

channellock

Pliers and hand tools manufacturer CHANNELLOCK® has completed a historic expansion of its Meadville, Pennsylvania, plant. In total, the project took about nine months to complete and is now fully operational. The expansion will allow the company to address increasing product …

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Home Depot Reports $33.5B in Q3 2020 Sales

Home Depot Releases Q4 Financials

Big-box home improvement retail chain Home Depot has announced its third-quarter 2020 financial results, reporting $33.5 billion in total sales for the quarter, up $6.3 billion or 23.2 percent from the same period in 2019. Comparable sales for the third …

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Home Depot to Acquire HD Supply

The Home Depot Project Planning Tool

Big-box retailer Home Depot has announced plans to acquire HD Supply Holdings Inc., a leading national distributor of maintenance, repair and operations (MRO) products. The acquisition is expected to position Home Depot as a lead supplier of MRO products, the …

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US LBM to Be Acquired by Bain Capital

us lbm

Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …

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