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Retail sales in April increased for the seventh consecutive month even as gas prices rose and inflation remained high, according to the CNBC/NRF Retail Monitor. “Retail sales continued to grow in April despite higher gas prices driven by the ongoing conflict in Iran, cautious consumer sentiment and the persistent concerns about sustained inflation,” says NRF …
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Ace Hardware released its financial results for the first quarter of 2026, reporting revenues of $2.5 billion, an increase of $242.8 million, or 10.9%. Net income for Q1 was $70.1 million, up $39.8 million from the first quarter of 2025. U.S. retail same-store sales were up 4.9% during Q1, a result of a 4.2% increase …
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Do it Best Group announced that Nick Talarico has been named chief operating officer of Do it Best Group, marking the next step in the company’s continued integration of Do it Best and True Value. Following the acquisition of True Value in November 2024, Do it Best Group announced its intention to operate Do it …
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Hardlines Distribution Alliance (HDA) and North American Tool Suppliers (NATS) recently joined forces to host a combined event at the 2026 Group Merchandising Conference (GMC) in Atlanta. The event melded the NATS Spring Meeting with the receptions, networking and scheduled appointments of GMC at the Embassy Suites Centennial Olympic Park. The NATS Spring Meeting kicked …
...Southeast Building Supply Interests (SBSI) announced it has acquired Builders Supply Company (Builders Supply), further expanding SBSI’s footprint in Tennessee. This acquisition adds three Builders Supply locations to SBSI’s growing network, bringing the company’s total footprint to 14 locations throughout the Carolinas, Georgia, Alabama and Tennessee. This transaction builds...