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House Passes Updated Paycheck Protection Program Legislation

paycheck protection program

The U.S. House of Representatives passed a bill May 28 that amends provisions of the Paycheck Protection Program (PPP) to give small businesses more time to pay off the loans and more flexibility in how the money is used. The …

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Westlake Ace Hardware Continues Expansion

westlake ace hardware

Westlake Ace Hardware is continuing to grow, recently announcing plans to acquire a store near St. Louis and open a new store in Kansas. The chain is part of Ace Retail Holdings, which is a subsidiary of Ace Hardware Corp., …

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Canadian Headlines for Retailers: May 25

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. Canadian Retail Sees Record Decline as Online Sales …

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Farmer’s Building Supply Takes Small Steps Toward Normalcy

Farmer's Building Supply

The staff at Farmer’s Building Supply in Oregon has adjusted to an array of changes since COVID-19 began spreading in the state, and implementing and then eliminating new processes have been part of the journey. The team has worked well …

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Home Hardware Announces Virtual Fall Market

home hardware

Following the success of its first virtual market in the spring, Home Hardware Stores Ltd. is proud to announce plans for another virtual event. The 2020 Fall Market, set for Sept. 13-20, will be held virtually. “We are pleased with …

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Ace Hardware Sees Q1 Sales and Profit Growth

Ace Hardware

Ace Hardware Corp. reported first-quarter growth in sales and profit that partially reflect changing consumer needs due to the COVID-19 pandemic. The co-op’s revenue was $1.4 billion during the first quarter, an increase of 3.8 percent above the first quarter …

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Target Posts Significant E-Commerce Growth in Q1 2020

e-commerce growth

In its first-quarter 2020 financial results, big-box retailer Target reports total revenue of $19.6 billion, an 11.3 percent rise from the same period in 2019. While its stores remained open amid COVID-19 in the U.S., Target also experienced significant digital …

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Pier 1 to End Operations After 58 Years

pier 1

After declaring bankruptcy in February, home decor retailer Pier 1 Imports is set to begin “an orderly wind-down” of operations. “This decision follows months of working to identify a buyer who would continue to operate our business going forward,” says …

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