The latest data you need to keep your operation on track is now available. For over 100 years, the North American Hardware and Paint Association (NHPA) has surveyed home improvement operators throughout the U.S. to develop the benchmark report known …
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True Value Builds Brand for the Future With Corporate-Owned Stores
As another outlet for promoting growth and the success of the True Value brand, the company has started the process of owning and operating retail stores. True Value purchased its first store in Palatine, Illinois, in March 2024. Eric Lane, …
Read More »NHPA’s Foundations of Retail Program Elevates Employees for Leadership
Understanding key concepts of leadership, personal development and merchandising are crucial to being a successful retail manager. The Foundations of Retail Program, led by the North American Hardware and Paint Association (NHPA), offers comprehensive online courses to prepare your key …
Read More »Financial Check-Up: Understanding the Numbers That Drive Your Business
Much like a report from your doctor, financial statements provide valuable insight into the health of your business. They can explain some of the aches and pains you might be feeling and uncover hidden issues you should address before they …
Read More »Ace Hardware Shares Q2 2024 Financials
Ace Hardware released its financial report for Q2 2024 this week. The company reported second quarter 2024 revenues of $2.7 billion, an increase of $81.7 million, or 3.1%, from the second quarter of 2023. Net income was $114.4 million for …
Read More »Aubuchon Company Acquiring Mott Family of Ace Stores
Michael Mott has agreed to sell his four Ace Hardware stores in Pennsylvania to the Aubuchon Company. The stores will continue to operate as Ace Hardware. After closing in October, the Aubuchon Company will operate 123 stores in nine states. “Mike …
Read More »E&H Hardware Group Announces CEO Succession Plan and Leadership Changes
Northern Ohio based E&H Hardware Group, a fourth-generation hardware retailer operating predominantly under the E&H Ace Hardware name, announced a CEO succession plan and additional leadership changes set to take effect Jan. 1, 2025. Christopher Buehler, current vice president of …
Read More »Poised for Growth: Q&A With House-Hasson President and CEO Steve Henry
In early July, House-Hasson finalized the acquisition of former Midwestern U.S. wholesale hardware distributor Bostwick-Braun’s warehouses and inventory. The acquisition adds two warehouses in Indiana and Arkansas, as well as more than 45,000 stock keeping units (SKU) to its existing …
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