True Value pointed to unfavorable weather as a key factor for a sales decline in its first quarter.
Lowe’s first quarter sales were up double-digits, but the home improvement retailer reported declines in net earnings and earnings per share.
Ace Hardware reported an increase in net income and a dip in comparable store sales during the first quarter.
Lowe’s Companies is expanding its professional services business with the acquisition of Maintenance Supply Headquarters, a distributor of maintenance, repair and operations products to the multifamily housing industry.
Home Depot remained a bright spot in the retail sector in the first quarter, building strong comps, sales and earnings.
Do it Best Corp. has added Tom Andrews as a divisional merchandise manager, effective immediately.
Ace Hardware Corporation is restructuring its east coast retail support network in anticipation of continued growth.
Strong gains in home remodeling and repair activity are expected to ease moving into next year, according to the Leading Indicator of Remodeling Activity(LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Ace Hardware Corporation recently appointed Mark Spanswick to the position of president and general manager of Ace Wholesale Holdings LLC.
HOMEWORLD BUSINESS® has been named the U.S. housewares media sponsor of the second annual Home Improvement eRetailer Summit in connection with the event’s expanded home products scope.