Arrow Fastener announced it will now be operating under the name Arrow Tool Group, effective immediately. “For nearly a century, Arrow has stood for American ingenuity, hands-on reliability and practical solutions that professionals and DIYers depend on,” says Roberto Izaguirre, …
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Verizon Survey Shows Strong Technology and AI Adoption Among SMBs
Verizon Business announced the results of its sixth annual State of Small Business Survey, reporting that small and medium-sized businesses (SMBs) are strongly adopting technology to increase market growth and operational efficiency. Driven by increasing accessibility to artificial intelligence (AI) …
Read More »The Home Depot Reports 0.3% Decrease in Comp Sales for Q1 2025
The Home Depot released its Q1 2025 financials, reporting sales of $39.9 billion for the first quarter of fiscal 2025, an increase of 9.4% from the first quarter of fiscal 2024. Comparable sales for the first quarter of fiscal 2025 decreased …
Read More »Marianne Thompson to Lead Strategic Integration of Do it Best and True Value
Do it Best Group announces the appointment of Marianne Thompson as its new executive vice president of transformation and integration, a new role created to lead the next phase of integration for True Value and United Hardware into the Do …
Read More »Retailers Express Mixed Feelings About Weber Exclusivity
Last week, Weber signed an agreement to make Ace Hardware and its subsidiary, Emery Jensen Distribution, its exclusive distribution partners within the independent home improvement channel beginning in 2026. The agreement has generated mixed feedback from retailers across the independent …
Read More »Sunshine Ace Hardware Opens New Store in Southwest Florida
Sunshine Ace Hardware has opened its newest retail store in Babcock Ranch, Florida, bringing the first hardware store to the area. Michael Schulz was appointed as store manager for the new location, bringing experience from his time as manager at …
Read More »Hancock Lumber to Acquire Johnson Lumber
Hancock Lumber announced plans to acquire Johnson Lumber, a single-location lumberyard located in Salisbury, Massachusetts. The store will begin operating as Hancock Lumber on June 2. “It’s been an honor to work with the Johnson family on the acquisition and integration …
Read More »RONA Inc. Celebrates 15 New Store Conversions to RONA+ Banner
RONA inc. recently celebrated the conversion of 15 new stores to the RONA+ banner, continuing the Canadian-based home improvement retailer’s brand repositioning. “Canadians truly connect with our brand, and RONA’s enhanced store concept has won over our customers. Indeed, stores …
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