Skip to main content

Hardware Stores

  • Lowe’s in big step up in Canada with purchase of home improvement chain

    Lowe's is making major moves in Canada with the $2.3 billion purchase of Rona Inc., a Canadian home improvement retailer and distributor.

    Lowe's had previously made an unsolicited bid on the company more than three years ago, but the substantially higher offer this time around was accepted by Rona's board.

  • Lowe's steps it up in Canada with RONA purchase

    Lowe's is making major moves in Canada with the $2.3 billion purchase of RONA Inc., a Canadian home improvement retailer and distributor.

    Lowe's had previously made an unsolicited bid on the company more than three years ago, but the substantially higher offer this time around was accepted by Rona's board.

  • Sears store opens in an Ace Hardware

    So far this year, four Sears Hometown Stores have opened around the country. Of particular interest is the opening in Selma, California -- inside a hardware store.

    On Jan. 28, California Sears Hometown Store opened inside the Nelson Ace Hardware store in Selma.

  • Warm weather costly for Tractor Supply; growth plans intact

    The nation’s largest rural lifestyle retailer had previously warned that warm weather caused weaker-than-expected fourth quarter sales and it quantified the impact on profitability with the release of full financial results on Jan. 27.

  • Lowe's goes on seasonal hiring spree

    Temperatures might be at a bitter low across the country, but it's that time again for big-box home improvement stores.

    Lowe's announced today that it's getting ready to hire 46,000 seasonal employees to help with the busy spring and summer season.

  • Mid-America Real Estate arranges new anchor for Westview Shopping Center

    Hastings, Minn. -- Mid-America Real Estate announced it recently secured a new retail lease on behalf of Westview Shopping Center in Hastings, Minnesota.

    Ace Hardware signed a lease for 14,980 sq. ft. at Westview Shopping Center located at the corner of South Frontage Road and Pleasant Avenue.

    Ace Hardware will anchor the 130,395 sq. ft. center that is also home to Sterling Drug. The location is expected to open in spring 2016.

  • Sears Hometown and Outlet sales decline

    Sears Hometown and Outlet stores narrowed its loss in the third quarter despite weak sales growth in the appliance and garden categories.

    The retailer said same-store sales decreased 1.6% in the third quarter ended Oct. 31. Net sales fell 3.2% to $547.1 million as the company reported a loss of $3.8 million, or 17 cents a share, compared with a loss of $171.2 million, or $7.55 a share, a year earlier.

  • Ace is still the place for hardware shoppers

    Oak Brook, Illinois-based Ace Hardware Corporation reported third quarter 2015 revenues of $1.3 billion, an increase of $148.5 million or 13.2% from third quarter 2014. Net income was $54.2 million for third quarter 2015, an increase of $16.9 million or 45.3% from last year.

    "We are delighted to announce the best third quarter sales and profit in Ace’s history," said John Venhuizen, President and CEO, Ace Hardware Corp. "The credit falls squarely on the shoulders of our world-class retailers, associates and corporate teammates.”

X
This ad will auto-close in 10 seconds