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U.S. Home Improvement Market Shows Growth

home improvement market

Click the picture to download a PDF of this story. Sponsored by HIRI | HIRI.org The Home Improvement Research Institute (HIRI) has released its Home Improvement Products Market Forecast Update. The study provides updated estimates of the size and overall value of ... Read More »

Do it Best Teams Up With Paint Sundries Solutions

paint sundries solutions

Do it Best Corp. has formed an exclusive strategic partnership with Paint Sundries Solutions (PSS), a national paint sundry supplier. The new partnership will provide Do it Best members additional opportunities to grow their paint departments with greater access to ... Read More »

Ace Stores Honor Veterans With Free Flags for Memorial Day

Veterans

Horizon Ridge Ace Hardware honors military veterans all year long, so joining Ace Hardware’s corporate goal to give away 1 million U.S. flags to customers and Veterans of Foreign Wars posts was an easy decision. On May 26, participating Ace ... Read More »

Orgill Honored With Presidential Export Award

Orgill Inc.

Orgill Inc. was one of 43 U.S. companies recognized May 21 with a presidential award honoring companies throughout the country that export U.S. goods and services. Secretary of Commerce Wilbur Ross presented the president’s E Star Award for Exports to ... Read More »

Ace Hardware Corp. Hires Exec From GameStop

Ace Hardware

Ace Hardware Corp. has hired a GameStop executive to serve in the role of vice president of retail operations and new business. John Tovar was vice president of merchandising for the video gaming and electronics retailer prior to accepting the job ... Read More »

Lowe’s Grows Net Earnings in First Quarter

lowe's

Lowe’s released its first-quarter 2018 financial results on May 23, reporting net earnings of $988 million. The company released this information the day after naming Marvin Ellison as the new president and CEO of Lowe’s, effective July 2. The quarterly results represent ... Read More »

Ace Hardware Sees Q1 Revenue Increases, ‘Record Sales Growth’

Ace Hardware

Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the ... Read More »

Lowe’s Names J.C. Penney Chief as New President and CEO

chemicals

Lowe’s has named Marvin Ellison, former chairman and current CEO of J.C. Penney Co., as president and CEO, effective July 2. In March, Lowe’s announced a search for a new chief executive to replace retiring chairman, president and CEO Robert ... Read More »