Industry News

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 …

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 …

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 …

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 …

United Hardware has announced the appointment of Chad Ruth as its interim president and CEO. Chad brings a wealth of experience and expertise to the role and has been with the company for more than fifteen years. Former president and …

Orgill is welcoming thousands of retailers to the Big Easy this week as it officially kicks off its 2023 Spring Dealer Market at the New Orleans Ernest N. Morial Convention Center.  The event, which runs from Feb. 9-11, brings together …

Do it Best broke ground on a major expansion of its Woodburn, Oregon, distribution center to support member growth along the West Coast. The multi-year project will grow the space by about 50% and increase the company’s efficiency and responsiveness …

Now in its 57th year, the Retailers’ Choice Awards honors innovative and cutting-edge products from the National Hardware Show (NHS). The awards are hosted by the North American Hardware and Paint Association (NHPA) and selected by a panel of independently …