Skip to main content

Hardware Stores

  • South Carolina center changes hands

    Patton Square Shopping Center in Woodruff, South Carolina, has been acquired by Pro Vest Properties for $7.3 million dollars. SRS Real Estate partners brokered the deal for the seller, an affiliate of Chen Development.

    “Patton Square is a solid grocery-anchored neighborhood center with minimal competition in the market,” said Pierce Mayson, VP for SRS’ Southeast Investment Sales Team. “With a long-term anchor lease and very solid sales numbers, this asset is an excellent purchase for the buyer.”

  • Sears reenters category it exited four years ago

    Sears Holding Corp. is hoping to capitalize on the upswing in home improvement projects.   The retailer announced it is bringing back paint and related accessories to its stores under three different brands: Craftsman, Weatherbeater and Easy Living. It’s the first time the Craftsman brand will be extended to the paint category.        Sears will test the new offerings in 23 stores nationwide before a chainwide rollout.   

  • At Home Depot, a big-ticket surge

    Home Depot's chief merchant Ted Decker pointed to solid performance of core maintenance and repair categories, as well as many pro-focused categories during the second quarter.   So it's no wonder he said the company was "pleased" with its Q2 results.  

  • More stores, more sales for Ace Hardware

    Boosted by store growth and crisp sales of outdoor living, paint and lawn and garden, Ace Hardware Corporation Tuesday reported second quarter 2016 revenues of $1.4 billion, an i

  • Lowe’s posts growth, but not enough for Wall Street

    Mooresville, North Carolina-based Lowe’s reported modest second-quarter growth. It also had a message for RONA employees in Canada: welcome to the team.

  • Menear says Home Depot plans to stay on a roll

    Thanks to homeowners who are sitting on their houses and Millennials who are starting to buy some, Home Depot CEO Craig Menear sees a rosy revenue picture ahead for home centers. 

  • Westlake Ace Hardware adds new Kansas store

    Westlake Ace Hardware has entered into a lease agreement and will be opening a new store in Overland Park, Kansas.   Lenexa, Kansas-based Westlake will take possession of the 15,500-sq.-ft. store on July 29. The store is the current location of Dobbels True Value Hardware. It will officially reopen as a Westlake Ace in fall 2016. Dobbels is currently having a going-out-of-business sale.    

  • Which home improvement retailer is most satisfactory?

    When it comes to customer experience, home improvement shoppers have established a long-term favorite.

    Ace Hardware ranks highest in customer satisfaction with home improvement retailers for a 10th consecutive year, according to the J.D. Power 2016 Home Improvement Retailer Satisfaction Study. The study measures customer satisfaction with home improvement retailers by examining merchandise; price; sales and promotions; staff and service; and store facility. Satisfaction is measured on a 1,000-point scale.

X
This ad will auto-close in 10 seconds