Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. Homebuilding Resumes in Quebec, With Safeguards The …
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As the effects of COVID-19 touch every aspect of retail, some U.S. states and Canadian provinces are declaring home improvement stores “essential” and allowing them to remain open to continue serving communities. On this page, find COVID-19 information for each …
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Lowe’s Canada and Peavey Industries LP, a Canadian farm, ranch and hardware retailer, have announced that Peavey Industries is acquiring the assets of Ace Canada. RONA, a company that is part of the Lowe’s Canada group, will sell the assets …
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Home Depot and Lowe’s both announced their third-quarter 2019 financial results this week. Explore each big-box retailer’s individual results using the links below. Inside Home Depot’s Q3 2019 Financial Results Sales: $27.2 billion Net Earnings: $2.8 billion Key Takeaway: Because …
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Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …
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Every home improvement retailer knows finding a niche—an area where they can focus and excel—is critical. Some business owners search high and low for a stellar assortment of products to captivate customers, others become specialists in home services to augment …
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Though lumber prices usually rise in the spring, a new report from The Wall Street Journal says bad weather and a decline in homebuilding have caused lumber prices to drop just one year after they reached record highs. The article …
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In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to …
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