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HPM Building Supply Adds 4 Locations in Hawaii

hpm building supply

Fifth-generation, family-owned HPM Building Supply has merged with Miyake Concrete Accessories to expand HPM’s presence across Hawaii. Miyake Concrete Accessories operates four building supply stores and one manufacturing truss on Maui. HPM plans to renovate and rebrand the Maui locations, …

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Ace International Announces Expansion Into Mexico

ace international

Ace Hardware International Holdings, a subsidiary of Ace Hardware Corp., has announced plans to expand into Mexico. In a statement, the company notes Mexico has the 11th highest GDP in the world and one of the highest homeownership rates. Ace …

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6 Young Retailers Who Are Reshaping the Industry

Young Retailer of the Year 2020

Revamping company cultures, expanding sales, adopting new retail innovations and mentoring future leaders are among the many accomplishments of the 2020 Young Retailer of the Year honorees—and they’re just getting started. The North American Retail Hardware Association’s (NRHA) Young Retailer …

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U.S. Housing Starts Climb 23% in July

u.s. housing starts

According to new data from the U.S. Commerce Department, housing starts increased 22.6 percent in July, the highest rate recorded in nearly four years. In total, seasonally adjusted housing starts in July were 1.5 million, up from June’s total of …

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Analyzing Big-Box Q2 Performance

big-box q2 2020

In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their second-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the second-quarter 2020 financial …

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Ace Hardware Q2 Revenue Rises 35%

ace hardware q2 revenue

Ace Hardware Corp. saw revenue, income and store sales increase during the second quarter of 2020 as consumers shifted their spending in response to the COVID-19 pandemic. The co-op reports revenues of $2.3 billion for the months of April, May …

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