The Sherwin-Williams Company recently solidified an agreement with BASF group to acquire Suvinil, BASF’s Brazilian architectural paints business, for $1.15 billion. Suvinil develops, manufactures and sells a comprehensive portfolio of products known under Suvinil and Glasu! brand names to professionals …
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Coverings Reveals Top Tile Trends Ahead of National Tile Day
In preparation for National Tile Day on Feb. 23, 2025, Coverings, North America’s largest global showcase for ceramic tile and natural stone, has revealed global tile trends for the year ahead. National Tile Day celebrates ceramic tile’s high quality and …
Read More »Randy’s Do it Best Founder Announces Retirement, Herrick to Take Over Ownership
Founder of Randy’s Do it Best Hardware Randy Andes recently announced his retirement after serving the independent hardware industry for over 50 years. Christian Herrick, Randy’s Hardware CEO and Andes’ son-in-law, will take over ownership at the company following Andes’ retirement. …
Read More »Lowe’s Relaunches Loyalty Program for Professionals
Lowe’s recently announced an update for its existing loyalty program for industry professionals, MVPs Pro Rewards. The program will now become MyLowe’s Pro Rewards™, geared towards small-to-mid-sized professionals. With the new program, users start earning points from sign-up and can …
Read More »Retail Sales Slow In January, Economy Remains Stable
Recent data released by the U.S. Census Bureau reveals a slow down of retail sales in January following a strong holiday season, according to Jack Kleinhenz, National Retail Federation (NRF) Chief Economist. Despite the slow month at the beginning of …
Read More »ECI Names New Chief Information Officer
ECI Software Solutions announced the appointment of Brian Hildebrand as chief information officer (CIO). Hildebrand will be responsible for implementing ECI’s comprehensive IT strategy and overseeing the organization’s technology infrastructure. “Brian has been an instrumental part of our IT and …
Read More »Ace Hardware Releases Q4 and Fiscal 2024 Financial Results
Ace Hardware recently announced financial results for the 2024 fourth quarter and fiscal 2024. The company reported record Q4 revenues of $2.3 billion, marking a 7.6% increase from Q4 of 2023. Full-year revenues increased 3.9% from last year, reaching $9.5 …
Read More »Simpson Manufacturing Co. Releases 2024 Q4 and Full-Year Financials
Simpson Manufacturing Co., Inc. recently announced its financial results for the fourth quarter and full year of 2024. For the full year, 2024 net sales reached $2.2 billion, a 0.8% increase year over year and income from operations for 2024 …
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