News

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. …

Orchard Supply Hardware, a hardware and garden chain with 99 locations in California, Oregon and Florida, will close nationwide by the end of fiscal year 2018, parent company Lowe’s confirms in its second-quarter 2018 financial results. In the earnings report, …

The Ace Hardware Fall 2018 Convention & Exhibits started Thursday with stories of retailers’ successes and generosity—and a promise from president and CEO John Venhuizen to improve the co-op’s logistics performance. Venhuizen spoke at the convention’s general session, which kicked …

ESL Investments, the hedge fund operated by Sears Holding Corp.’s CEO Edward Lampert, has made a formal bid to purchase the Kenmore brand from Sears, the Chicago Tribune reports. Earlier this year, it was reported that Sears was mulling the …

Green thumbs from all over gathered at Chicago’s Navy Pier to discover the latest trends in the lawn and garden category at the Independent Garden Center Show (IGC), which ran Aug. 14-16. Hardware Retailing editors walked the showfloor, taking notes …