News

True Value today reported revenue of $331.5 million for the quarter ending March 29, an increase of 6.0 percent or $18.9 million over the same period a year ago. Strong sales in the farm, ranch, auto and pet, seasonal, plumbing …

Do it Best Corp. has named Gary Hoffmann to lead a business development team in the newly created role of National Multi-Location Sales and Business Development Manager, effective immediately. In this position, he’ll help the co-op further strengthen and support …

Lowe’s announced that Joseph M. Mabry has been named strategy and experience design executive, while Michael P. McDermott has been promoted to chief merchandising officer, replacing Michael A. Jones, who will assume the role of chief customer officer, effective April …

Staff drives high satisfaction with paint retailers and is the single most important factor differentiating the purchase experience among customers, according to the recent J.D. Power 2014 Paint Satisfaction StudySM—Retailer Segment. The study measures customer satisfaction with major paint retailers, …

The Home Improvement Retail Industry has traded at an average premium of 25% to the market in the last five years, but valuations have fallen in 2014 over fears of a slowdown in the housing market. The US home improvement …

Tim Ryan, owner of Ryan’s Hardware in Newburgh, Ind., has found a niche that’s right on target. About a year ago, he added archery equipment and accessories to his store. “My son competes in his school archery league and was …

Employees at Malone Do it Best Lumber in Greenville, Ky., don’t need to worry about getting a gym membership to stay healthy—they can use the gym at work. A separate building on the property houses a room full of treadmills …

The Ace Hardware Foundation’s “Racing for a Miracle” initiative is again partnering with Richard Petty Motorsports (RPM) driver Marcos Ambrose to benefit sick children as the driver races in this weekend in Richmond, Virginia. The initiative is a multi-faceted program …