Walmart recently released its financial results for the first quarter of 2025. Net sales for the quarter reached $108.7 billion, led by growth in the health and wellness and grocery categories. Walmart reported an increase of 4.5% in comparable store …
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Lowe’s Expands Online Marketplace With New Partnership
Lowe’s is bringing its customers more options than ever through its new online marketplace, launched in December 2024. Now, Lowe’s is accelerating the growth of its marketplace with a partnership with Mirakl, a global marketplace technology company. Through this partnership, …
Read More »Ace Retail Holdings to Relocate Store Support Center
Ace Retail Holdings, the parent company of Westlake Ace Hardware, Great Lakes Ace Hardware and other retail brands, announced it will relocate its Store Support Center (SSC) from its current location in Lenexa, Kansas, to a complex in Overland Park, …
Read More »Arrow Fastener Changes Name to Arrow Tool Group
Arrow Fastener announced it will now be operating under the name Arrow Tool Group, effective immediately. “For nearly a century, Arrow has stood for American ingenuity, hands-on reliability and practical solutions that professionals and DIYers depend on,” says Roberto Izaguirre, …
Read More »Verizon Survey Shows Strong Technology and AI Adoption Among SMBs
Verizon Business announced the results of its sixth annual State of Small Business Survey, reporting that small and medium-sized businesses (SMBs) are strongly adopting technology to increase market growth and operational efficiency. Driven by increasing accessibility to artificial intelligence (AI) …
Read More »Jeske Hardware Distributors Adds New Account Coordinator
Chris Romero has been added to the Jeske Hardware Distributors sales team as account manager for its Texas sales territory. Romero brings over 20 years of sales experience to Jeske. In his new role, Romero will be responsible for servicing …
Read More »Sunshine Ace Hardware Opens New Store in Southwest Florida
Sunshine Ace Hardware has opened its newest retail store in Babcock Ranch, Florida, bringing the first hardware store to the area. Michael Schulz was appointed as store manager for the new location, bringing experience from his time as manager at …
Read More »Hancock Lumber to Acquire Johnson Lumber
Hancock Lumber announced plans to acquire Johnson Lumber, a single-location lumberyard located in Salisbury, Massachusetts. The store will begin operating as Hancock Lumber on June 2. “It’s been an honor to work with the Johnson family on the acquisition and integration …
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