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New COVID-19 Retail Restrictions Set in California

covid-19 retail restrictions

New restrictions meant to slow the spread of COVID-19 went into effect this weekend in California, impacting roughly 33 million people in the state, CNN reports. Approximately 27 million residents in San Joaquin Valley and southern California, which includes Los …

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2021 International Hardware Fair Has Been Canceled

international hardware fair

The 2021 International Hardware Fair has been canceled, event organizer EISENWARENMESSE has announced. The event was previously scheduled to take place in Cologne, Germany, Feb. 21-24. Many of the exhibitors scheduled to appear at the event faced international travel restrictions, …

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2020 Holiday Sales Expected to Climb 5.2%

online sales 2020

The traditionally busy shopping season from Thanksgiving Day in the U.S. to Cyber Monday has looked quite a bit different in 2020. The Associated Press reports the COVID-19 pandemic kept in-person Black Friday shopping crowds thin, but a surge in …

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Homebuying Is Spurring Remodeling Activity

homebuying remodeling

New information from the Home Improvement Research Institute (HIRI) demonstrates how a recent uptick in home sales has motivated a surge in home remodels. HIRI recently surveyed 800 homeowners who have purchased a home within the past 12 months to …

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Ace Hardware Achieves Record Q3 Revenue

ace hardware q3 revenue

Ace Hardware Corp. reported record third-quarter 2020 revenues, showing the ongoing growth of same-store and online sales during the COVID-19 pandemic. The growth in the third quarter follows a very strong second quarter, which was strongly shaped by consumer’s pandemic …

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Lowe’s Records $22.3B in Q3 2020 Sales

lowe's q3 2020

Big-box home improvement chain Lowe’s has announced its third-quarter 2020 financial results, reporting $22.3 billion in sales for the quarter, about 28 percent higher than in the same period in 2019. Net earnings for Lowe’s amounted to $692 million, down …

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Home Depot Reports $33.5B in Q3 2020 Sales

Virtual spring career day

Big-box home improvement retail chain Home Depot has announced its third-quarter 2020 financial results, reporting $33.5 billion in total sales for the quarter, up $6.3 billion or 23.2 percent from the same period in 2019. Comparable sales for the third …

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