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Todd Taber

On the Web: June 2021

There’s much more to discover from the June 2021 edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success. https://hardwareretailing.com/first-steps-toward-creating-a-more-diverse-workplace/ How Embracing Difference Improves the Workplace National Hardware Show …

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In Memoriam: Home Improvement Pioneer Bob Vereen

Norbert Allen Newman

Home improvement industry pioneer and former Hardware Retailing editor Bob Vereen has died at age 96. He was born Sept. 8, 1924 in Stillwater, Minnesota. He spent his professional life covering the home improvement channel, visiting countless home improvement stores …

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Home Improvement Momentum Continues in May

diy momentum

After a year of record sales and renewed interest in the home improvement channel, take a moment to review some of the latest industry data to better understand your DIY and pro customers. The Farnsworth Group has released new research …

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Existing Home Sales, Housing Starts Fall

housing starts

New data shows the rate of existing home sales in the U.S. has fallen for the third consecutive month after reaching a record high in October. Additionally, April housing starts have also fallen since March. In total, existing home sales …

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Home Depot, Lowe’s Announce Q1 2021 Sales Results

q1 2021 big-box

A new article from The Wall Street Journal explores the heights home improvement has reached since the start of the COVID-19 pandemic. Both Home Depot and Lowe’s posted their second-highest sales figures since the start of 2020, demonstrating ongoing home …

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Ace Hardware Posts Record Q1 Financial Results

ace hardware revenues

After confirming record-breaking fiscal year 2020 financial results, Ace Hardware is continuing to reach new heights by posting record first-quarter revenues in 2021. Total revenue for the company hit $2 billion, a 42 percent increase from the first quarter of …

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Lowe’s Q1 2021 Sales Reach $24.4B

lowe's q1 2021

After announcing $89.6 billion in fiscal year 2020 sales, big-box home improvement chain Lowe’s is reporting first-quarter net sales of $24.4 billion, up 23.9 percent from the same period in 2020. Net earnings for the company stood at $2.3 billion, …

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