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Tag Archives: Canada

Lowe’s Sells Ace Canada Assets to Peavey Industries

peavey industries

Lowe’s Canada and Peavey Industries LP, a Canadian farm, ranch and hardware retailer, have announced that Peavey Industries is acquiring the assets of Ace Canada. RONA, a company that is part of the Lowe’s Canada group, will sell the assets …

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Home Depot, Lowe’s Announce Q3 2019 Financial Results

q3 2019 financial results

Home Depot and Lowe’s both announced their third-quarter 2019 financial results this week. Explore each big-box retailer’s individual results using the links below. Inside Home Depot’s Q3 2019 Financial Results Sales: $27.2 billion Net Earnings: $2.8 billion Key Takeaway: Because …

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Ontario Retailer Taps New Potential

asselstine hardware

Every home improvement retailer knows finding a niche—an area where they can focus and excel—is critical. Some business owners search high and low for a stellar assortment of products to captivate customers, others become specialists in home services to augment …

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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 …

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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 …

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Home Hardware Announces Leadership Team Changes

Curling Canada

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. …

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