Home » Industry News (page 4)

Industry News

NHPA Educates on Retaining Top Talent at True Value Spring Reunion

retaining top talent

Sharing insights and best practices on retaining top talent, the North American Hardware and Paint Association (NHPA) will be facilitating the education for the Retail Best Practices Conference at the True Value Spring Reunion in Chicago on March 16 from …

Read More »

Do it Best LBM Academy Builds Excellence for Lumber Dealers

Do it Best graduated its inaugural class of LBM Academy students last week, equipping nearly 50 home center and lumberyard employees from across the country with proven techniques to more effectively drive sales with their pros and contractors. “Our No. …

Read More »

3 Ways to Utilize Apple Business Connect

Apple Business Connect

Released in January 2023, Apple Business Connect is a free tool that gives businesses the ability to customize their location place cards with images, information and promotions. These customizations can then be seen by more than a billion Apple users …

Read More »

Houzz Study Reveals Favorable Outlook for Home Renovation Professionals in 2023

Houzz Inc. released its 2023 Houzz U.S. State of the Industry Report. The report provides an outlook on 2023 and a review of 2022 performance for residential renovation and design businesses based on data reported by more than 2,000 professionals. …

Read More »

True Value Announces 75th Anniversary Plans

True Value Hardware Co. recently announced its intentions for a yearlong celebration of its 75th anniversary. Founded in 1948 by John Cotter with 25 member stores, the business now serves over 4,500 independent retail hardware stores under a globally recognized …

Read More »

See How Big-Box Retailers Performed in 2022

big-box 2022

Several home improvement and other big-box retailers shared financials from 2022. See how each performed last year. The Home Depot Sales for fiscal 2022 for The Home Depot were $157.4 billion, an increase of $6.2 billion, or 4.1%, from fiscal …

Read More »

Orgill’s Boyden Moore Highlights New Concept Center and Expanded Campus

A new 500,000-square-foot Concept Center and 50-acre campus, a look back at 2022 and a peek ahead at 2023—plus an invitation to attend the 2023 NHPA Independents Conference—were among the topics discussed during a virtual Orgill Update. Orgill president and CEO …

Read More »

Ace Hardware Shares Q4 and Full-Year 2022 Financials

Ace Q4 2022

Ace Hardware Corporation reported record Q4 2022 revenues of $2.2 billion, an increase of $124.5 million or 6% from the fourth quarter of 2021. Net loss was $4.6 million for the fourth quarter of 2022, a decrease of $13.9 million …

Read More »