Americans spent more on Black Friday 2019 than ever before, according to new data from USA Today and financial technology firm Fiserv Inc. Both online and in-store sales grew over 2018 figures, according to the firm. Brick-and-mortar sales grew by …
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Do You Know a 2020 Young Retailer of the Year?
Nominations are open for the North American Retail Hardware Association’s (NRHA) 2020 Young Retailer of the Year program. Now in its 24th year, the program identifies young leaders who represent the future of the independent home improvement industry. Why Nominate? …
Read More »Reaching Customers Via Targeted Marketing
Advertising your home improvement business is critical. Whether you rely on print, radio, TV, digital or some combination therein, every home improvement retailer must decide on a message and a medium to let potential customers know about their business. targeted …
Read More »Westlake Ace Hardware Expands Into New York
Westlake Ace Hardware has announced its plan to acquire three Haggerty Ace Hardware locations across New York. Haggerty Ace Hardware currently operates locations in Cooperstown, Delhi and Walton, New York. Westlake Ace expects the deal to be completed by January …
Read More »Market Measure 2019: The Industry’s Annual Report
Click the picture to download a PDF of this story now. Though there has been a lot of hushed talk in recent months about the R-word looming on our economic horizon, economist opinions are certainly split about whether a recession …
Read More »Ace Hardware Sees Revenue and Income Climb
Ace Hardware Corp. reported record highs for revenue and net income in the third quarter of 2019. The co-op’s revenues for the quarter hit $1.5 billion, an increase of 7.2 percent from the third quarter of 2018. Net income was …
Read More »Lowe’s Announces Q3 2019 Financials, New Canadian Strategy
Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …
Read More »Home Depot Announces Q3 2019 Sales Growth
Home Depot, the world’s largest big-box home improvement company, has announced its third-quarter 2019 financial results. Overall, the company has seen third-quarter fiscal 2019 sales of $27.2 billion, a 3.5 percent increase over the same period in 2018. That sales …
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