Tag Archives: expansion

Ace Hardware is celebrating 100 years in business in 2024, and in the first half of the year, has opened over 100 new stores, including its 5,000th domestic location. Ace plans to open more than 200 new stores by the …

The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …

Sunshine Ace Hardware has announced plans to open a new retail store at Pelican Bay in Naples, just miles from where the company opened its first location 65 years ago. The new store will occupy about 20,000 square feet of …

HPM Building Supply has acquired Maui’s leading building component manufacturer, Truss Systems Hawaii, creating a new division known as Truss Systems by HPM that will serve the Valley Isle. All 33 Truss Systems Hawaii team members have become HPM owner-employees, …

As the former college football coach and current sports analyst Lou Holtz once said, “In this world you’re either growing or dying, so get in motion and grow.” The same adage holds true for the independent home improvement channel. If …

Like the muscles in the human body, if your operation isn’t moving toward the next goal, it’s most likely experiencing atrophy. While growth should be a part of every operational strategy, many retailers assume growth has to mean adding more …

Lugbill Supply Center, located in Archbold, Ohio, has acquired Affiliated Lumber in Swanton, Ohio, expanding its operation to two locations in northwestern Ohio. Owner Isaac Weber recently received a Young Retailer of the Year award from the North American Hardware …

Households and businesses across Maryland will soon be able to recycle their leftover paint after a new law was approved by the Maryland legislature and signed on May 9 by Gov. Wes Moore. The program is anticipated to begin in …