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Author Archives: Kate Klein

Selling Gift Cards and More for Father’s Day

selling gift cards

Your home improvement store is likely full of Father’s Day gift options, especially since gift cards and tools are among the popular items consumers buy for their dads to celebrate the holiday. Consumers will be spending $16 billion on Father’s ... Read More »

Ace Hardware Expanding Texas Distribution Center

distribution center

Ace Hardware Corp. has announced plans to double the size of its distribution center in Wilmer, Texas. The upcoming expansion will add more than 450,000 square feet to the existing 450,00-square-foot facility, which originally opened in 2014. Construction for the ... Read More »

Pay Attention to These Financial Warning Signs

Many small business owners struggle to identify financial pitfalls or get help before problems become disastrous for their retail operations. Attorney R. Scott Williams from Rumberger, Kirk & Caldwell took questions on issues that signal danger and what to do ... Read More »

Further Growth Predicted for Home Improvement Market

home improvement

Low unemployment, solid existing home sales and growth in product sales in 2018 are among the reasons the Home Improvement Research Institute (HIRI) projects continued sales increases for products in the U.S. home improvement industry.  The consumer market for home ... Read More »

Headlining Stories From the June Issue of Hardware Retailing Magazine

Newsmakers

The June issue of Hardware Retailing magazine shared highlights from three industry news stories. Click the headlines below to view the full version of each article. Ace Hardware Begins E-Commerce Delivery Service  Do it Best Names New Regional Sales and Business Development ... Read More »

Ace Hardware Sees Income, Revenue Growth in First Quarter

Ace Hardware

First-quarter 2019 was a period of growth for Ace Hardware Corp.  The Oak Brook, Illinois, co-op on May 22 reported first-quarter 2019 revenues of $1.4 billion, an increase of 5.1 percent from the first quarter in 2018. Net income was $22.6 million ... Read More »

Ace Hardware Acquires 50 Great Lakes Ace Stores

Great Lakes Ace

Ace Hardware Corp. confirmed May 22 that the co-op now has full ownership of the Great Lakes Ace Hardware chain. The co-op’s first-quarter financial report says that Ace Hardware experienced revenue increases in early 2019, in part due to the acquisition of ... Read More »

What to Know About the Methylene Chloride Ban

In a March 15 decision, the U.S. Environmental Protection Agency (EPA) banned the manufacturing and selling of paint and coating removal products that contain methylene chloride if the products are being sold for consumer use. The rule takes effect May ... Read More »