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 …
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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 …
Read More »Orgill’s Boyden Moore Addresses Customers During Spring Online Buying Event
Orgill Inc. president and CEO Boyden Moore delivered a video message on Feb. 10 to kick off the company’s Spring Online Buying Event being held Feb. 8-19. In his message, Moore provided updates on the business and addressed steps the …
Read More »True Value Co. Welcomes New Supply Chain VP
True Value Co., one of the world’s largest hardlines wholesalers, has announced Dario Skocir will join the company as the vice president of supply chain on Feb. 22. Skocir has more than 30 years of transforming operations with innovative technologies …
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