Industry News

Stanley Black & Decker will introduce its own line of Craftsman tools at Lowe’s and Ace Hardware stores in September, the Chicago Tribune reports. In March 2017, Stanley Black & Decker finalized the acquisition of the Craftsman brand from Sears, …

It was a busy few days at the Sands Expo Convention Center in Las Vegas, as retailers from all over the world gathered for the Orgill Fall Dealer Market, which was held Aug. 23-25. With a record number of retailer …

Staying current with the retail landscape is a vital step for independent hardware retailers who want to see their businesses grow and thrive. The North American Retail Hardware Association (NRHA) offers that opportunity at its annual State of Independents Conference, …

Orgill Inc. has partnered with e-commerce solutions provider Unilog to bring new digital features to retailers. Through the agreement, Orgill customers will have shared access to a new e-commerce website and product content subscription services. “We are very excited about …

Longtime Wallace Hardware employee Stanley Price recently died at the age of 91 in Morristown, Tennessee. He had worked for Wallace for 70 years. Price was born May 1, 1927, and died Aug. 18. He joined the U.S. Army in 1945 …

Orgill Inc. has announced that the company will be expanding its distribution center in Kilgore, Texas. The company will nearly double the size of the existing facility to nearly 1 million square feet. “We’re pleased to be in a position …

Ace Hardware Corp. reported Aug. 22 that it achieved growth in revenues, sales and income during the second quarter of 2018. The company’s revenues were $1.6 billion for the quarter, an increase of 6.4 percent from second-quarter 2017. The co-op …

Many changes are coming to Lowe’s. Today, the big-box retailer reported its second-quarter sales and earnings. The company also announced its decision to close all Orchard Supply Hardware stores, named its newest executive and revealed its strategic plans moving forward. …