Home Depot Completes Acquisition Of Interline
The Home Depot has completed its $1.625 billion acquisition of Interline Brands, Inc., a national distributor and direct marketer of broad-line maintenance, repair…
hardware retailing
Ace Hardware Boosts Second Quarter Sales
Ace Hardware Corporation has reported second quarter 2015 revenues of $1.4 billion, an increase of $86.2 million or 6.5% from…
Lowe’s Net Sales, Earnings Rise In Q2
Lowe’s Companies, Inc. has reported net earnings of $1.13 billion for the quarter ended July 31, 2015, an 8.4% increase…
True Value Grows ‘Destination’ Comps In Q2
True Value Company has reported gross billings of $573.6 million for the second quarter ending July 4, 2015, up 1%…
Starr To Succeed Taylor As Do It Best’s CEO
Do it Best Corp. has announced that its president and CEO, Bob Taylor, will retire effective January 4, 2016. The…
Ace Hardware Promotes Molleur To VP/Distribution
Ace Hardware Corporation has promoted Tom Molleur to the position of vp/distribution. Reporting to Ace’s evp/supply chain, Molleur will oversee…
Lowe’s Expands Canadian Retail Presence
Lowe’s Canada is expanding its retail presence in the country, completing the acquisition of 12 former Target sites. The home…
Tractor Supply Builds Solid Second Quarter
For the second quarter ended June 27, Tractor Supply Co. net income advanced to $153.3 million, or $1.12 per diluted…
Pro Customer Service Drives Home Depot Interline Acquisition
The Home Depot has entered into a definitive agreement to acquire Jacksonville, FL-based Interline Brands, a leading national distributor and…
Lowe’s Promotes Mason To SVP/Corporate Finance
Lowe’s Companies recently promoted Tiffany Mason to svp/corporate finance and treasurer. Mason will continue to report to chief financial officer Robert…
Do It Best Celebrates 70th Anniversary
City leaders from Fort Wayne and New Haven, Indiana, recently joined Do it Best Corp. employees in celebrating the company’s…
Ace Touts Coolest Hardware Stores
So, do you want to check out a cool hardware store? Ace Hardware Corp. has four that it thinks are…
Strong Comp Performance Powers Ace Hardware Gains
In the first quarter, Ace Hardware Corp. generated net income of $29.9 million versus $24.4 million in the year-earlier period,…
Do It Best To Develop Stores In Saudi Arabia
Do it Best Corp. has formed an agreement with its newest overseas affiliate to develop its first locations in Saudi…
A Happy Days Rerun For The DIY Market
The National Hardware Show is set to celebrate its 70th anniversary this week in Las Vegas, and I’m feeling a…
True Value Boosts Membership And Revenues, 2014 Profits Slip
For its 2014 fiscal year, True Value Co. posted $54.3 million in profit prior to strategic plan spending, down 1.8%…
Ace Builds Fiscal Year Growth, Q4 Net Income Declines
Ace Hardware Corp. has announced that net income came in at $140.9 million for fiscal 2014 versus $104.5 million for…
Home Depot Q4 Beats Wall Street As Comps Romp
For the fourth quarter, The Home Depot posted sales of $19.16 billion of fiscal 2014, an 8.3% increase from the…
Express Delivery Program Connects Ace To Customers
Ace Hardware Corp. has launched a same-day delivery program in select pilot stores, the company announced. Express Delivery gives customers…
Tractor Supply Company Appoints Halbert To Board
Tractor Supply Company has appointed IT executive Keith Halbert to the company’s board of directors. Halbert is an executive with…