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Tag Archives: Canada

Lumber Prices Show Unseasonable Drop

lumber prices

Though lumber prices usually rise in the spring, a new report from The Wall Street Journal says bad weather and a decline in homebuilding have caused lumber prices to drop just one year after they reached record highs. The article ... Read More »

Lowe’s Announces Q4 2018 Financial Results

lowe's

In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to ... Read More »

Home Hardware Announces Leadership Team Changes

Home Hardware, Canada’s largest dealer-owned hardware, lumber and building materials retailer, is announcing new changes to its leadership team, the company announced in a press release. Effective Jan. 7, Marianne Thompson will serve as the company’s vice president, merchandise LBM. ... Read More »

Benchmark Your Business With 2018’s Market Measure

market measure

Click the picture to download a PDF of this story. The Industry’s Annual Report While 2018 has shaped up to be another relatively strong year for sales in the home improvement industry, we may be facing a perception problem that ... Read More »

Home Hardware Names New President and CEO

home hardware

Kevin Macnab has been named Home Hardware Stores Limited’s new president and CEO and will assume his duties effective Oct. 10, according to the company. Macnab has more than 30 years of omnichannel retail experience. He has previously served as ... Read More »

Home Hardware CEO Announces Retirement, Plans for Future

Home Hardware CEO

After nearly 50 years with the company, Home Hardware Stores Limited’s president and CEO, Terry Davis, has announced his plans for retirement later this year. As he prepares to step down, Davis will be helping transition the company to a ... Read More »

Former NRHA President Blair Douglas Dies

Blair Douglas

Blair Douglas, past president of both the Canadian Retail Hardware Association and the North American Retail Hardware Association, died in Caledonia, Nova Scotia, Canada, on May 29. He was 65 years old. Douglas was born in Caledonia, Nova Scotia, and ... Read More »

Lumber Prices Rise After Hurricanes, Political Deadlock

lumber

Recent hurricanes in the southern U.S. and an ongoing political deadlock between the U.S. and Canadian governments threaten to raise the prices of softwood lumber, reports Canadian newspaper The National Post. Earlier this year, the U.S. Department of Commerce claimed ... Read More »