Tractor Supply Co. has opened its 1,900th store in the U.S. Located in Oakhurst, California, the new store is close to areas impacted by recent wildfires, and Tractor Supply is donating $50,000 to organizations battling the blazes. “With the opening …
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Upcoming NRHA Webinar to Chart COVID-19’s Industry Impact
The North American Retail Hardware Association (NRHA) invites all members of the independent home improvement industry to its upcoming webinar charting the impact of COVID-19 on the home improvement industry. The online event will take place Sept. 30 at 2 …
Read More »Orgill’s Boyden Moore Addresses Customers During e-Volution Event
In conjunction with Orgill’s ongoing e-Volution Online Buying Event, which is running from Aug. 24 through Sept. 4, company president and CEO Boyden Moore delivered a corporate update via Zoom on Wednesday morning. The “Orgill’s Evolution” presentation focused on delivering …
Read More »Wholesale Lumber Survives Tragedy, Serves Through Pandemic
When Joseph Burks devoted much of 2018 to remodeling Wholesale Lumber in Clint, Texas, he had no idea the redesign would allow the store to serve customers better through a pandemic. At the time, he was working through the tragedy …
Read More »Health Insurance During COVID-19
As the U.S. faces an unprecedented public health crisis, independent retailers are seeking ways to better support their employees during COVID-19. Affordable group health insurance is a valuable asset for both employers and employees. The North American Retail Hardware Association …
Read More »Analyzing Big-Box Q2 Performance
In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their second-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the second-quarter 2020 financial …
Read More »Ace Hardware Q2 Revenue Rises 35%
Ace Hardware Corp. saw revenue, income and store sales increase during the second quarter of 2020 as consumers shifted their spending in response to the COVID-19 pandemic. The co-op reports revenues of $2.3 billion for the months of April, May …
Read More »Lowe’s Reports $27.3B in Q2 Sales
Home improvement chain Lowe’s achieved $27.3 billion in second-quarter 2020 sales, up 30 percent from the same period in 2019, the company reports. Lowe’s net earnings for the quarter were $2.8 billion, a 64 percent increase sales in the same …
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