Thousands of independent home improvement retailers gathered in Orlando to attend the Orgill Spring Dealer Market, which began today and runs through Feb. 29. The Market covers nearly 1 million square feet of the Orange County Convention Center and draws …
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Ace Hardware Reports Record Revenue in Q4 2019
Ace Hardware Corp. reported a record fourth quarter revenue in 2019 of $1.5 billion, a 6.1 percent increase from the fourth quarter of 2018. Net income was $3.5 million for the quarter, a decrease of $21.7 million from the fourth …
Read More »Fulcrum Building Group Acquires South Bay Lumber and Navarre Lumber
Silver Canyon Group, a San Diego-based private equity investment firm, has formed Fulcrum Building Group to acquire a majority interest in South Bay Lumber of Santa Rosa Beach, Florida, and Navarre Lumber of Navarre, Florida. South Bay and Navarre have …
Read More »Amazon Arrives in Australia, Hardware Association Responds
Since the mid-1990s, Amazon.com has evolved from an online bookstore to the e-commerce giant that has in many ways forced brick-and-mortar businesses to change the way they do business in the U.S. Additionally, Amazon has found its footing globally, establishing a presence in several countries …
Read More »In-Store Experiences Still Matter. Big Time.
To view a PDF of this story, click here. In an interview with Hardware Retailing, Jim Robisch of The Farnsworth Group discusses how retailers must not lose sight of the importance of in-store customer experiences while trying to compete against …
Read More »CNRG Buying 7 Washington Hardware Stores
Central Network Retail Group (CNRG), a multiformat, multibrand retailer that operates stores in 11 states, is buying McLendon Hardware. The fourth generation of the McLendon family currently owns McLendon Hardware, which has seven stores in Washington state. CNRG currently operates 90 hardware stores, home …
Read More »NRHA and PDRA: Building Stronger Associations
To view a PDF of this story, click here. The Industry’s Two Largest Retail Associations Forge Closer Ties In early February, the North American Retail Hardware Association (NRHA) and the Paint and Decorating Retailers Association (PDRA) released a joint announcement …
Read More »To Fight Terrorism, ‘Be Observant’ in Your Store
See Something, Say Something In mid-September, three men entered Lyell Crest True Value and bought pipe caps, pipe nipples, cable ties, roofing nails, electrical tape, timers, wooden matches and wire. At the checkout counter, the trio asked the cashier if …
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