Ace Hardware released its financial results for the first quarter of 2026, reporting revenues of $2.5 billion, an increase of $242.8 million, or 10.9%. Net income for Q1 was $70.1 million, up $39.8 million from the first quarter of 2025. …
Read More »
Hardlines Distribution Alliance (HDA) and North American Tool Suppliers (NATS) recently joined forces to host a combined event at the 2026 Group Merchandising Conference (GMC) in Atlanta. The event melded the NATS Spring Meeting with the receptions, networking and scheduled …
Read More »
Southeast Building Supply Interests (SBSI) announced it has acquired Builders Supply Company (Builders Supply), further expanding SBSI’s footprint in Tennessee. This acquisition adds three Builders Supply locations to SBSI’s growing network, bringing the company’s total footprint to 14 locations throughout …
Read More »
Inflation in April increased to the highest level in nearly three years, according to the latest Consumer Price Index released by the U.S. Bureau of Labor Statistics. The increase was largely driven by higher energy prices caused by the war …
Read More »
Existing home sales edged up in April after reaching a nine-month low in March, but sales remained at historically low levels, according to an analysis from the National Association of Home Builders. Elevated mortgage rates and inflation driven by the …
Read More »
rK MILES recently announced it has acquired Varney & Smith Lumber Company, a lumberyard and building materials supplier located in Lisbon, N.H. “This is a good fit for both companies,” says Joe Miles, CEO of rk MILES. “Varney & Smith …
Read More »
James (Jim) Edward Weyrens Sr., former president and CEO of Our Own Hardware, passed away peacefully at home on Jan. 9, 2026. Jim’s career began with Montgomery Ward and then Target as the sporting goods buyer. He later joined wholesaler …
Read More »
SRS Distribution Inc., a subsidiary of The Home Depot, announced it has completed the acquisition of Mingledorff’s, LLC, a wholesale distributor of HVAC equipment. The agreement was previously announced on March 24, 2026. “The addition of Mingledorff’s represents another key …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
