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Lowe’s Focuses on Capturing Market Share

lowe's market share

After announcing $22.3 billion in third-quarter sales, Lowe’s will now focus on capturing market share from home improvement rivals, reports CNBC. The company reiterated its financial outlook, saying it expects sales to grow by about 22 percent this year. Same-store …

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A New Look for Old Masters

Old Master New Labels

Old Masters, a division of Diamond Vogel, has updated the label design for its wiping stain and gel stain lines. The new design features a color swatch for quick color recognition and updated product messaging. Combined with the launch of …

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York Wallcoverings Announces Its Color of the Year

york wallcoverings color of the year

York Wallcoverings has named Blue Jean Jacket as its 2021 color of the year. The company says the light blue hue is timeless and exemplifies the relationship between the current cultural sentiment and current design trends. The color signals a …

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New COVID-19 Retail Restrictions Set in California

covid-19 retail restrictions

New restrictions meant to slow the spread of COVID-19 went into effect this weekend in California, impacting roughly 33 million people in the state, CNN reports. Approximately 27 million residents in San Joaquin Valley and southern California, which includes Los …

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Westlake Ace Expands in Nebraska

westlake ace

Westlake Ace Hardware announced it will acquire four additional Q.P. Ace Hardware stores in Lincoln, Nebraska. In 2017, Westlake Ace acquired two Q.P. Ace stores in Omaha and Ralston. The companies anticipate the acquisition of the four Lincoln stores will …

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PPG Acquires Coatings Manufacturer Ennis-Flint

PPG Ennis-Flint

Paint manufacturer PPG has announced it will acquire Ennis-Flint, a global manufacturer of coatings, which has a background in pavement marking products. The deal was valued at approximately $1.2 billion and is expected to close within months, PPG says. “The …

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Fulcrum Building Group Acquires Ford Lumber

Fulcrum Building Group

In a transaction that closed Dec. 1, Fulcrum Building Group acquired a majority interest in Ford Lumber & Millwork Co., Inc. Based in Alabama, Ford Lumber operates two pro lumberyards and one millwork production facility, in Mobile and Baldwin counties. …

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What Housing Holds

A Q&A with Abbe Will about the housing market Abbe Will is a research associate and associate project director of the Remodeling Futures Program for the Joint Center for Housing Studies of Harvard University. Hardware Retailing spoke to Will about …

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