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Ace Hardware Reports Revenue and Sales Increases for Second Quarter

Ace Hardware

Ace Hardware Corp. reported Aug. 22 that it achieved growth in revenues, sales and income during the second quarter of 2018. The company’s revenues were $1.6 billion for the quarter, an increase of 6.4 percent from second-quarter 2017. The co-op ... Read More »

Lowe’s Reports Q2 Sales, Names New CFO

Lowe's

Many changes are coming to Lowe’s. Today, the big-box retailer reported its second-quarter sales and earnings. The company also announced its decision to close all Orchard Supply Hardware stores, named its newest executive and revealed its strategic plans moving forward. ... Read More »

Orchard Supply Hardware to Close Nationwide

Orchard Supply Hardware

Orchard Supply Hardware, a hardware and garden chain with 99 locations in California, Oregon and Florida, will close nationwide by the end of fiscal year 2018, parent company Lowe’s confirms in its second-quarter 2018 financial results. In the earnings report, ... Read More »

Ace Hardware on Getting ‘Faster Than Amazon’

Ace Hardware

The Ace Hardware Fall 2018 Convention & Exhibits started Thursday with stories of retailers’ successes and generosity—and a promise from president and CEO John Venhuizen to improve the co-op’s logistics performance. Venhuizen spoke at the convention’s general session, which kicked ... Read More »

Sears CEO Makes Proposal to Buy Kenmore Brand

ESL Investments

ESL Investments, the hedge fund operated by Sears Holding Corp.’s CEO Edward Lampert, has made a formal bid to purchase the Kenmore brand from Sears, the Chicago Tribune reports. Earlier this year, it was reported that Sears was mulling the ... Read More »

6 Trends On Display at the 2018 IGC Show

trends

Green thumbs from all over gathered at Chicago’s Navy Pier to discover the latest trends in the lawn and garden category at the Independent Garden Center Show (IGC), which ran Aug. 14-16. Hardware Retailing editors walked the showfloor, taking notes ... Read More »

Independent Garden Center Show Inspires and Educates Attendees

Garden Center Show

From Aug. 14-16, thousands of vendors and retailers from a variety of independent retail backgrounds gathered to attend educational events, network with others and discover the latest products in the lawn and garden category at the Independent Garden Center Show (IGC) ... Read More »

New Jersey Retailer Opens Mini-UPS Store in Home Center

UPS

Printing, copying and shipping weren’t services Colmar Home Center offered a year ago, but that’s changed. Owner Michael Collins’ customers told him they had a need, and he realized a small store inside of his existing business could solve the ... Read More »