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Small Businesses Prioritized in Latest Round of Paycheck Protection Program

SBA

The latest round of Paycheck Protection Program (PPP) funding opened in January, and now, the Small Business Administration (SBA) is taking steps to prioritize lending to small businesses. To achieve this, the administration will: Establish a 14-day, exclusive PPP loan …

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Instacart and Walgreens Partner for Home Deliveries

Pharmacy, health and beauty company Walgreens announced it will be partnering with Instacart, a North American online grocery platform, to provide an on-demand delivery option to its customers, CNN reports.  Prior to the agreement, Walgreens did not have its own …

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Lowe’s Reports $89B in 2020 Sales

lowe's 2020 sales

Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …

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Exclusive: True Value CEO Chris Kempa Shares Thoughts on Retail Success

true value ceo chris kempa

True Value CEO Chris Kempa took time to speak to Hardware Retailing before the company launches its 2021 Spring V-Union. Learn more from Kempa about what to expect from this year’s virtual event, how True Value is adapting to better …

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Home Depot Announces $132B in 2020 Sales

Home Depot credit options

Big-box chain Home Depot has announced its fourth-quarter and fiscal year 2020 financial results, reporting more than $132 billion in sales throughout the year. Sales in the fourth quarter stood at $32.3 billion, an increase of 25.1 percent from the …

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Orgill Spring Online Buying Event Highlights Platform Enhancements & Special Buys

Orgill Spring Online Buying Event

Orgill Inc. successfully concluded its Spring Online Buying Event, where it saw strong participation and set sales records, while rolling out a series of enhancements that made the two-week virtual event more intuitive and user-friendly for both exhibitors and retailers. …

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Tractor Supply Co. to Acquire Orscheln Farm and Home

tractor supply co.

Tractor Supply Co. has announced it has entered into an agreement to acquire Orscheln Farm and Home, a retail chain of farm and ranch supply stores with 167 stores in 11 states.  The acquisition will be an all-cash transaction for …

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House-Hasson Hardware President Don Hasson Dies

Don Hasson

Don Hasson, president and chief executive officer of House-Hasson Hardware, America’s largest independent regional hardware distributor, has died. Mr. Hasson, 70, died Monday, Feb. 15, at Duke University Medical Center of complications from COVID-19. James K. Hasson, Jr., the company’s …

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