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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Distribution America and PRO Group Hold First Virtual Executive Planning Conference
To provide attendees with invaluable one-on-one interactions amidst the pandemic, Distribution America and PRO Group, Inc. have hosted the first ever virtual Executive Planning Conference (EPC) using the Zoom platform. From Nov. 16-19, distributor and vendor attendees had the opportunity …
Read More »Ace Hardware Achieves Record 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 …
Read More »Lowe’s Records $22.3B in Q3 2020 Sales
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 …
Read More »Home Depot Reports $33.5B in Q3 2020 Sales
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 …
Read More »Ace Hardware and Emery Jensen Aim for Virtual Shows in Spring
Ace Hardware and Emery Jensen have announced they will proceed with a digital convention in the spring of 2021. Ace’s 2021 Spring Convention was originally slated to take place in person in Dallas. In March, Ace Hardware was one of …
Read More »Walmart U.S. CEO on Meeting New Shopper Needs
The National Retail Federation (NRF) recently hosted a webinar with Walmart U.S. president and CEO John Furner to learn how the company had pivoted during COVID-19 to ensure staff and shopper safety. In August, the company announced its second-quarter financial …
Read More »House-Hasson Announces Online Dealer Market for January
House-Hasson has announced plans for a virtual dealer market in January instead of its traditional in-person event normally held in Nashville, Tennessee. The Fresh Start online dealer market is currently scheduled to take place Jan. 28-29. House-Hasson president Don Hasson …
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