For True Value CEO, growth looms large

On February 22, 2012, in Home Improvement, by

Chicago-based True Value CEO Lyle Heidemann had some good news for dealers gathered in Orlando, Fla., during the general session of the co-op’s 2012 spring market. Sales were up, he said. So are expectations.  For the year ending Dec. 31, True Value revenue increased 3.4% to $1.86 billion, as the co-op is riding a wave [...]

Home Depot reports strong fourth quarter

On February 21, 2012, in Home Improvement, by

Boosted by mild temperatures and spring-like selling conditions throughout much of the country, Atlanta-based Home Depot saw sales rise nearly 6% in the fourth quarter. The home improvement giant reported fourth-quarter sales of $16.0 billion, up 5.9% from the same quarter last year. Comparable-store sales were positive 5.7%, and up 6.1% in the United States. [...]

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NAHB likes "solid" growth from January report

On February 17, 2012, in Home Improvement, by

The National Association of Home Builders (NAHB) is encouraged by the second-best pace of overall housing production since October 2008. Housing starts increased to a seasonally adjusted annual rate of 699,000 in Januray, according to the latest report from the Deparment of Commerce. The “solid housing starts report indicates that builders are putting more of [...]

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Hardware store sales grow in 2011

On February 16, 2012, in Home Improvement, by

According to government data released this week, businesses classified as hardware stores showed gains for the month of December and the full year of 2011. The U.S. Census Bureau’s Monthly Retail Trade Report for December 2011 — the latest month of available data for hardware stores in the NAICS 44413 classification — hit $1.777 billion [...]

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Made-in-USA profiles: The builder

On February 13, 2012, in Home Improvement, by

In Bozeman, a monument to U.S.-made products. What began quite innocently as a pet project turned into a national movement for Anders Lewendal, the Bozeman, Mont., builder who has since gained wide acclaim for constructing a house made entirely from U.S.-made products. Initially, Lewendal set out to build an “efficient, affordable and environmentally healthy” home [...]

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CNRG’s latest acquisition: Elliott’s Hardware

On February 12, 2012, in Home Improvement, by

Natchez, Miss.-based Central Network Retail Group (CNRG) announced the acquisition of Elliott’s Hardware, which operates three stores in the Dallas area. The transaction closed Feb. 1. All three stores will continue to operate under the Elliott’s Hardware banner.  “Elliott’s Hardware is an iconic brand in the hardware industry. We are very excited about the opportunity [...]

CNRG’s latest acquisition: Elliott’s Hardware

On February 11, 2012, in Home Improvement, by

Natchez, Miss.-based Central Network Retail Group (CNRG) announced the acquisition of Elliott’s Hardware, which operates three stores in the Dallas area. The transaction closed Feb. 1. All three stores will continue to operate under the Elliott’s Hardware banner.  “Elliott’s Hardware is an iconic brand in the hardware industry. We are very excited about the opportunity [...]

CNRG’s latest acquisition: Elliott’s Hardware

On February 10, 2012, in Home Improvement, by

Natchez, Miss.-based Central Network Retail Group (CNRG) announced the acquisition of Elliott’s Hardware, which operates three stores in the Dallas area. The transaction closed Feb. 1. All three stores will continue to operate under the Elliott’s Hardware banner.  “Elliott’s Hardware is an iconic brand in the hardware industry. We are very excited about the opportunity [...]

Three Fountains Ace Hardware Named ‘Best Hardware Store’

On February 8, 2012, in Home Improvement, by

Three Fountains Ace Hardware has been recognized as the “Best Hardware Store” by Lexington Life (S.C.) magazine’s “2012 Best of Lexington Life” reader poll. “I credit our entire team for receiving this impressive award,” said Terry Reynolds, owner of Three Fountains Ace Hardware, in West Columbia, S.C. “Every day our employees come to work and get [...]

Market Recap: RISI Crow’s Construction Materials Cost Index

On February 5, 2012, in Home Improvement, by

A price index of lumber and panels used in actual construction for Feb. 3, 2012 *Western – regional species perimeter foundation; Southern – regional species slab construction. Crow’s Market Recap — A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow’s Weekly Market Report. [...]

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