From major industry-shaking acquisitions to store milestones, industrywide legislation to current events that impacted the channel, the headlines reflected what a monumental year 2024 was for the independent home improvement industry. The Hardware Retailing editorial team took a look back …
Read More »
PPG announced multiple leadership appointments as the company continues to focus on driving and delivering on its growth strategy. Tom Maziarz, current PPG vice president of automotive refinish Americas, will become vice president of traffic solutions, effective Dec. 1. Maziarz …
Read More »
The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
Read More »
In Q2, the U.S. economy grew twice as fast as it did in Q1, which was supported by consumer spending and private inventory investment, according to the National Association of Home Builders (NAHB). Consumer spending rose at its annual rate …
Read More »
Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, says National Retail Federation chief economist Jack Kleinhenz. “The path of household spending remains difficult to …
Read More »
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 …
Read More »
R.P. Lumber announced it is acquiring Thorne Lumber Company, an independently-owned hardware and building materials retailer with three locations in northwestern Missouri. With this acquisition, R.P. Lumber will have 87 locations, including 20 in Missouri. “Strategically, this is the right …
Read More »
Benjamin Moore released its Color of the Year 2024 as Blue Nova 825, an intriguing blend of blue and violet that sparks adventure, elevates and expands horizons. Inspired by the brilliance of a new star formed in space, Blue Nova …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
