In a historic move, United Hardware and Do it Best announce that they intend to merge. The intent to merge, which received unanimous approval from the boards of directors of both companies, brings together two industry leaders with a shared …
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2024 Market Measure: Industry Insights
In the 2024 Market Measure Report, published by the North American Hardware and Paint Association, executives from the industry’s distributors and buying groups offered insights into their operations in 2023 and their plans and goals for 2024. Read the reports …
Read More »Do it Best Announces Changes to Spring Market, 2023 in Orlando
After another successful spring market, Do it Best is moving forward with a redesigned approach for its 2023 spring market that brings together the best of the online and in-person market experiences in a new way. “Over the last two …
Read More »Do it Best Spring Market Focuses on Future
Following the success of the virtual Fall Market, the Do it Best Spring Market opened March 7 to an online audience. The Spring Market builds on what worked at the Fall Market, which saw a 63 percent increase in sales, …
Read More »What’s New at Ace Hardware’s Spring Show
Ace Hardware Corp. is hosting its third fully virtual convention this week, providing retailers with special pricing on products, networking opportunities and training sessions. The digital show is modeled after Ace’s in-person events, which have been important gatherings for retailers …
Read More »Do it Best Announces New Board Members
At the 2020 Do it Best Shareholders’ Meeting held Sept. 10 in Fort Wayne, Indiana, the following member-owners were elected to their first terms on the co-op’s 12-person board of directors: Rob Gardiner—President, Damariscotta Hardware and Randolph Hardware Gardiner serves …
Read More »Lowe’s Sells Ace Canada Assets to Peavey Industries
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 …
Read More »Ace Hardware Reports Record Revenue in Q4 2019
Ace Hardware Corp. reported a record fourth quarter revenue in 2019 of $1.5 billion, a 6.1 percent increase from the fourth quarter of 2018. Net income was $3.5 million for the quarter, a decrease of $21.7 million from the fourth …
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