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Ace Hardware Announces Changes to Board of Directors

Ace Board of Directors

Ace Hardware Corporation announced changes to the company’s board of directors following its 2025 annual stockholders meeting. Director David Majure was elected to his first term on Ace’s board of directors, and Kristen Pellicer and Steven Burggraf were re-elected to the …

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Father’s Day Spending to Reach New High

Father's Day spending

Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high …

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Consumer Confidence Up in May

October consumer confidence

Consumer confidence surged in May, with The Conference Board’s Consumer Confidence Index, rising 12.3 points to 98.0, more than a 10-point increase from April. “Consumer confidence improved in May after five consecutive months of decline,” says Stephanie Guichard, senior economist, …

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Luxury and Learning Await at the 2025 IHI Conference

The Independent Home Improvement Conference (IHI Conference) is the premier event designed exclusively for independent hardware and home improvement retailers. This event brings together industry leaders, retailers and channel partners for two days of education, networking and business growth opportunities. …

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Q1 2025 Financials Round-Up

Q1 2025 Round-Up

During the first quarter of 2025, big-box home improvement retailers Lowe’s, Home Depot and Tractor Supply Company saw year-over-year increases in net sales but declines in net earnings. See the round-up and side-by-side comparisons below and read the full stories …

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Target Reports 2.8% Decrease in Net Sales for Q1 2025

Target Q1 2025 financials

Target Corporation released its financial results for Q1 2025, reporting net sales in Q1 of $28.8 billion, down 2.8% from Q1 of 2024 due to a decrease in merchandise sales.  Comparable store sales decreased 3.8% in the first quarter, reflecting …

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Walmart Sees $108.7 Billion in Net Sales in Q1 2025

Walmart Q1 2025

Walmart recently released its financial results for the first quarter of 2025. Net sales for the quarter reached $108.7 billion, led by growth in the health and wellness and grocery categories. Walmart reported an increase of 4.5% in comparable store …

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