The COVID-19 pandemic derailed initial plans for celebrating the 100th anniversary of Frager’s Hardware & Garden Center, the longest continuously operating hardware store in Washington, D.C. Determined not to let the centennial pass by without recognition, the store staff organized …
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Home Depot Reports $33.5B in Q3 2020 Sales
Big-box home improvement retail chain Home Depot has announced its third-quarter 2020 financial results, reporting $33.5 billion in total sales for the quarter, up $6.3 billion or 23.2 percent from the same period in 2019. Comparable sales for the third …
Read More »Home Depot to Acquire HD Supply
Big-box retailer Home Depot has announced plans to acquire HD Supply Holdings Inc., a leading national distributor of maintenance, repair and operations (MRO) products. The acquisition is expected to position Home Depot as a lead supplier of MRO products, the …
Read More »3 Outdoor Power Equipment Trends to Follow
Market research firm The Farnsworth Group has delved into the consumer trends shaping the outdoor power equipment marketplace. The firm recently completed a public industry study among more than 600 DIYers who had recently purchased or plan to purchase outdoor …
Read More »Walmart U.S. CEO on Meeting New Shopper Needs
The National Retail Federation (NRF) recently hosted a webinar with Walmart U.S. president and CEO John Furner to learn how the company had pivoted during COVID-19 to ensure staff and shopper safety. In August, the company announced its second-quarter financial …
Read More »Nation’s Best Acquires Connolly’s Do it Best
Nation’s Best, a rapidly growing home improvement company, recently announced its acquisition of Connolly’s Do it Best Hardware & Rental, which operates five locations in Fort Wayne, Indiana. “We are thrilled to welcome Connolly’s Do it Best Hardware & Rental …
Read More »Orgill Outlines ‘Dynamic’ Approach to Shows, Conferences & Buying Markets
Orgill Inc. is announcing plans to forgo its in-person 2021 Spring Dealer Market and proceed with a more dynamic and flexible approach to its physical shows, conferences and buying markets starting next year that will incorporate online, live and hybrid …
Read More »NHPA’s Disruption Series Now Available to Stream
After the success of the National Hardware Virtual Show and the NRHA All-Industry Conference, the North American Hardware and Paint Association (NHPA) is proud to offer a full suite of informative videos to train and inspire independent home improvement retailers. …
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