Net sales for Tractor Supply Company during the third quarter of 2024 increased 1.6% to $3.47 billion year over year. The increase in net sales was driven by new store openings. Comparable store sales declined 0.2% year over year, driven …
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Ace Retail Holdings Taps Vice President of Store Operations
Ace Retail Holdings announced the promotion of Tony Houk to vice president of store operations. Houk, who previously served as the chief operating officer of Great Lakes Ace Hardware, will oversee store operations at all Ace Retail Holdings locations. “Tony …
Read More »Big-Box Retailers Adjust Store Hours for the Holidays
As over 180 million people are planning their in-store shopping during the Thanksgiving holiday weekend, some big-box retailers have changed their store hours, causing confusing for some shoppers. Hardware Retailing has compiled a list of some of the nation’s largest …
Read More »Do it Best Successfully Completes Purchase of True Value
Do it Best announces the successful acquisition of True Value, a long-time competitor with a legacy brand that benefits both organizations. This monumental transaction represents a transformative milestone for Do it Best, True Value and the entire independent hardware industry. …
Read More »Walmart Profit Increases Across the Board in Q3 2024
Walmart recorded $169.6 billion in total revenue during the third quarter of 2024, up 5.5% from the previous quarter. It recorded a 7.8% return on assets and had an operating income of $6.7 billion. “We had a strong quarter, continuing …
Read More »Sherwin-Williams Announces Q3 2024 Financials
Sherwin-Williams announced its third quarter financial results, reporting an increase of consolidated net sales by 0.7%. “Sherwin-Williams grew sales, expanded gross margin, increased EBITDA and adjusted diluted net income per share despite continued choppiness in the demand environment,” says Heidi Petz, Sherwin-Williams president …
Read More »Become a VIP at NHS With the Hosted Buyer Program
The only event bringing together all channels of the home improvement industry, the National Hardware Show (NHS) is the ultimate hardware and home improvement event. The 2025 National Hardware Show will take place March 18-20, 2025, in Las Vegas and …
Read More »Industry Wholesalers Reach Out to True Value Retailers
As the True Value bankruptcy and planned sale to Do it Best continues to move forward, with a scheduled closing date of Nov. 22, several industry wholesalers have reached out publicly to offer support to True Value retailers and court …
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