Customers’ expectations for in-store shopping experiences have grown as e-commerce and the capabilities of other retail technologies have changed. As Mark Mathews of the National Retail Federation (NRF) says in the Q&A here, consumers still want to shop in brick-and-mortar …
Read More »Kate Klein
Headlining Stories From the October Issue of Hardware Retailing Magazine
The October issue of Hardware Retailing magazine shares highlights from five industry news stories. Click the headlines below to view the full version of each article Ace Hardware Acquires Home Repair Franchise Opportunities Abound at Orgill’s Fall Dealer Market Ace Hardware …
Read More »Umber’s Do it Best Hardware Takes on a Mission
A local pastor had a tall order for Dave Umber, owner of Umber’s Do it Best Hardware in Fort Wayne, Indiana. The pastor asked Umber to stock his store in three days with enough tornado relief supplies for nearly 300 …
Read More »Ace Hardware Presents New Initiatives at Fall Convention
Ace Hardware Corp. presented a new growth plan and promoted some new initiatives at its fall buying show in Atlanta. The co-op announced Higher Ground, its new strategic plan, at the Ace Hardware Fall 2019 Convention & Exhibits, which was …
Read More »Ace Hardware Reports Second-Quarter Revenue Growth
Ace Hardware Corp. has reported record second-quarter 2019 revenues of $1.7 billion, an increase of 6.3 percent from the second quarter of 2018. Net income was $53.8 million for this period, a decrease of $1 million from the second quarter …
Read More »Understanding Lumber Prices
David Logan, director of tax and trade policy analysis for the National Association of Home Builders (NAHB), answered questions from Hardware Retailing about lumber prices and other concerns in the homebuilding sector. Hardware Retailing (HR): Why are lumber prices lower …
Read More »Where the Smart Home Market Is Growing
The U.S. smart home market is growing quickly. In fact, the Home Improvement Research Institute (HIRI) projects that the market will more than triple in size from 2018 to 2022. Five years ago, safety and security devices were the biggest …
Read More »Headlining Stories From the September Issue of Hardware Retailing
The September issue of Hardware Retailing magazine shares highlights from three industry news stories. Click the headlines below to view the full version of each article. True Value CEO Discusses Benefits of Strategic Investment Ace Hardware Names Benjamin Moore Its Preferred …
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