With record second-quarter revenues of $2.5 billion, Ace Hardware released its financials for Q2 2022. The record-breaking revenues were an increase of 2.7% or $66.1 million on top of last year’s increase of 8.2%. Increases were seen across a majority …
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True Value 2022 Fall Reunion Kicks Off Sept. 15
The True Value 2022 Fall Reunion will take place Sept. 15-18 in Denver, Colorado. The in-person event will be held at the Colorado Convention Center, providing independent hardware retailers with the chance to touch and feel new products and have …
Read More »Valley Wide Cooperative and Bleyhl Farm Service to Merge
Valley Wide Cooperative and Bleyhl Farm Service members recently voted in favor of a merger of the two companies. Valley Wide members were 87% in favor of the merger, and Bleyhl members were 95% in favor of the merger. Under …
Read More »Ace Hardware Fall Convention Heats Up in Chicago
The Ace Hardware Fall 2022 Convention brought together retailers from around the country to shop hot buys, discover new products and trends and hear from executives on where the company is heading into 2023. On the show floor, attendees connected …
Read More »Global DIY-Summit Focuses on Dealing With Uncertainty
The second edition of the Virtual DIY-Summit will take place on September 2, 2022. The event is being jointly hosted by the leading DIY professional organizations, European DIY-Retail Association (EDRA), Home Improvement Manufacturers Association (HIMA) and Global Home Improvement Network …
Read More »Introducing the 2023 HABITAT Pillars for NHS
An integral part of the National Hardware Show, HABITAT is an on-site and digital product discovery showcase, highlighting the ideas and evolving lifestyles that are driving the future of home and in turn, consumer spend. It is an elevated NHS …
Read More »Arrow Fastener Promotes Justin Sumner to Vice President of Sales
Arrow Fastener announced that Justin Sumner has been promoted to vice president of sales and will oversee and manage all aspects of sales function for Arrow, including distribution and channel strategy, market competitiveness, pricing and compensation. Sumner will report to …
Read More »Q2 2022 Big-Box Financials Round-Up
See how several home improvement and other big-box retailers performed in the second quarter of 2022 with a round-up of financial reports released this week. The Home Depot The Home Depot reported sales of $43.8 billion for the second quarter …
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