News

Lowe’s reported net earnings of $306 million for the quarter ended January 31, a 6.3 percent increase over the same period a year ago. For the fiscal year also ended January 31, net earnings increased 16.7 percent to $2.3 billion. …

Ace Hardware this week announced the launch of a mobile app for iPhone devices and the roll-out of in-store pickup to its retailers, a new feature that will allow customers to check their local store’s available inventory on acehardware.com, go …

Don Hasson, the president of House-Hasson Hardware, America’s largest independent regional hardware distributor, says sales increases at the company’s winter dealer market indicate 2014 will be a good year for hardware stores and lumberyards. He attributes some of this boost …

Ace Hardware recently announced the acquisition of Emery-Waterhouse, a 170-year-old distributor of hardlines products for independent lumber, paint, industrial and hardware outlets throughout the Northeast. Hardware Retailing editors sat down with Ace President and CEO John Venhuizen to talk about …

Ace Hardware executives took some time to reflect on the company’s history in recognition of Ace’s 90th anniversary at the general session of the co-op’s Spring Convention and Exhibits on Monday morning in Houston, but Ace President and CEO John …

Home Depot reported increases in comp-store sales spurred by the recovering housing market. Comparable store sales for the fourth quarter of fiscal 2013 increased 4.4 percent, and comp sales for U.S. stores were positive 4.9 percent. Total sales for the …

Feedback regarding changes occurring within the True Value co-op over the past year appeared notably positive from retailers exploring True Value’s Spring & Rental Reunion this past weekend in Atlanta. While still concerned about national economic conditions and cautious about …

Ace Hardware announced today it has acquired Emery-Waterhouse, a 170-year-old distributor of hardlines products for independent lumber, paint, industrial and hardware outlets throughout the Northeast. Emery-Waterhouse will move forward as an independently operated, majority-owned subsidiary of Ace Hardware. The Emery-Waterhouse …