After nearly 50 years with the company, Home Hardware Stores Limited’s president and CEO, Terry Davis, has announced his plans for retirement later this year. As he prepares to step down, Davis will be helping transition the company to a …
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Ace Hardware Corp. to Expand Ohio Distribution Center
Ace Hardware Corp. has announced expansion plans for its retail support center in West Jefferson, Ohio, as part of the co-op’s plans to grow and restructure its distribution network. The renovations will add more than 300,000 square feet to the …
Read More »Supreme Court: States Can Require Online Retailers to Pay Sales Tax
The U.S. Supreme Court ruled June 21 that online purchases can be subject to the same state and local taxes as purchases made at brick-and-mortar locations, The New York Times reports. This week’s decision in South Dakota v. Wayfair, Inc. establishes that …
Read More »NRHA Launches Fresher, More Accessible Website
The North American Retail Hardware Association (NRHA) has launched a refreshed, updated version of its website that allows the association to serve independent home improvement retailers better. The new nrha.org, which went live June 15, features an updated design. The …
Read More »Illinois Lumber Company’s a-Maze-ing Journey
When Peter Loveland heads to work, he knows he’s walking in the footsteps of family members who came before him. Loveland is the fifth generation to manage his family’s home improvement business, Maze Lumber. Founded in Peru, Illinois, in 1848 …
Read More »Home Depot Spending $11B on ‘Internal Improvements’
Home Depot is investing about $11 billion in “internal improvements,” including more distribution centers, The Atlanta Journal-Constitution reports. The Atlanta newspaper, which is located near Home Depot’s headquarters, interviewed company CEO Craig Menear about the retailer’s plans for growth. Rather than …
Read More »Orgill Honored With Presidential Export Award
Orgill Inc. was one of 43 U.S. companies recognized May 21 with a presidential award honoring companies throughout the country that export U.S. goods and services. Secretary of Commerce Wilbur Ross presented the president’s E Star Award for Exports to …
Read More »Ace Hardware Sees Q1 Revenue Increases, ‘Record Sales Growth’
Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the …
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