Annual gains in homeowner spending for improvements and repairs are set to give out by the second half of 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.
Lowe’s recently made a $1 million commitment to support disaster relief efforts for associates, customers and communities in direct response to Hurricane Dorian’s impact along the U.S. coast and the Bahamas.
Tractor Supply Company has opened its 1,800th store by hosting a grand opening celebration at the new store in Berkshire Township (Sunbury), Ohio.
Ace Hardware has completed the acquisition of Handyman Matters, a franchisor of home repair, maintenance, and improvement services based in Denver. Handyman Matters will become Ace Handyman Services and operate as a new stand-alone, subsidiary of Ace Hardware Corp.
Tractor Supply Company has extended the employment contract with its chief executive officer, Greg Sandfort. The board has also retained Egon Zehnder, an executive search firm, as part of its ongoing CEO succession planning process.
Lowe’s asserted that its transformation plan is on track, as it registered a solid second quarter with a rise in both earnings and comparable store sales.
Ace Hardware pointed to new store sales growth, solid comps and a surge in its e-commerce business as the retailer posted strong second quarter revenues.
The Home Depot gained comp sales momentum in the second quarter, while updating its guidance with an eye on the new tariffs taking effect.
Lowe’s is partnering with the National Football League and will carry more than 10,000 licensed NFL-branded items online that are positioned at fans who are tailgating or watching games at home.
Tractor Supply Company delivered a solid performance in its second quarter, as the rural lifestyle retailer reported both sales and earnings growth.
Ace Hardware is among the retailers launching sales promotions this month, unveiling its first-ever Ace Rewards Day, providing exclusive deals to Ace Reward members July 15 to 16, on Acehardware.com.
Lowe’s has selected Charlotte, NC, as the future home of its new global technology center that will ultimately be home to up to 2,000 technology professionals.
Tractor Supply Company’s new distribution center in Frankfort, New York, has achieved LEED (Leadership in Energy and Environmental Design) Silver certification from the U.S. Green Building Council.
Ace Hardware will open new stores in 11 former Orchard Supply Hardware locations in California.
As a record number of tornadoes and flooding continue to affect the Midwest and neighboring states, The Home Depot is supporting clean-up and relief efforts, including a commitment of up to $250,000 by The Home Depot Foundation.
Ace Hardware tied with True Value for highest in customer satisfaction among home improvement retail stores in the J.D. Power 2019 U.S. Home Improvement Retailer Satisfaction Study.
Ace Hardware plans to expand its retail support center located in Wilmer, Texas.
Ace Hardware powered through a solid first quarter, reporting record revenues, a growing e-commerce business and a 3.9% increase in retail same-store sales.
Consumers kept coming to Lowe’s in the first quarter as the home improvement retailer reported an increase in comparable store sales for the three months ended May 3.
The Home Depot delivered a positive performance in its first quarter, reporting an increase in both net sales and earnings.