House-Hasson Hardware’s board of directors unanimously voted to make Steve P. Henry the new president of House-Hasson Hardware, America’s largest independent regional hardware distributor. House-Hasson’s leadership change follows the Feb. 15 death of company president Don Hasson. Henry has served …
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Tracking DIY Home Improvement Activity in 2021
Market research firms The Farnsworth Group and the Home Improvement Research Institute (HIRI) are tracking pro and DIY project activity as COVID-19 continues to impact the home improvement market. In the latest update focused on DIYers, new data reveals exactly …
Read More »Lowe’s Reports $89B in 2020 Sales
Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …
Read More »Exclusive: True Value CEO Chris Kempa Shares Thoughts on Retail Success
True Value CEO Chris Kempa took time to speak to Hardware Retailing before the company launches its 2021 Spring V-Union. Learn more from Kempa about what to expect from this year’s virtual event, how True Value is adapting to better …
Read More »Home Depot Announces $132B in 2020 Sales
Big-box chain Home Depot has announced its fourth-quarter and fiscal year 2020 financial results, reporting more than $132 billion in sales throughout the year. Sales in the fourth quarter stood at $32.3 billion, an increase of 25.1 percent from the …
Read More »House-Hasson Hardware President Don Hasson Dies
Don Hasson, president and chief executive officer of House-Hasson Hardware, America’s largest independent regional hardware distributor, has died. Mr. Hasson, 70, died Monday, Feb. 15, at Duke University Medical Center of complications from COVID-19. James K. Hasson, Jr., the company’s …
Read More »Ace Hardware Reports Record Sales, Revenue in 2020
Ace Hardware Corp. has reported its fourth-quarter and fiscal year 2020 financial results, confirming a record-breaking year for the home improvement retailer. For the fourth quarter, Ace reported revenues of $2.1 billion, a 39 percent increase from the same period …
Read More »Register Now: True Value’s Spring 2021 V-Union Begins Feb. 22
True Value Co. is inviting retailers to Power Up at the company’s Spring 2021 V-Union event. Learn more about the online event and register to attend today. The company’s virtual spring trade show will kick off Monday, Feb. 22 and …
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