Steve Payne

Home Hardware Stores Ltd. has announced the launch of the Beaver Homes & Cottages Secondary Suite Collection. The homes will, the company said, help homeowners “to create affordable living spaces, responding to the ongoing housing shortages and affordability challenges facing Canadians.”

True Value Company reached an agreement with its vendors last week that will allow it to avert liquidation and hasten bankruptcy proceedings. In October, True Value announced that it planned a sale to Do it Best Corp.

Throwback Thursday is a regular feature in which we dip into the archives of the

Crown Building Supplies, which opened its third location in Burnaby, B.C., in September, has won an award from the local Surrey Board of Trade. Last week at the association’s business excellence awards gala, Crown won in the category of Employer Over 41 People. (Pictured: Gary and Jas Sangha, the co-owners of the pro-focused chain.)

Castle Building Centres Group has signed a new member, Competitive Building Supply Inc., in Brockville, Ont. The founder of this “venture into retail home improvement” is Cody Watkins, who for over a decade has run a contracting firm called Competitive Renovations Inc. It has a roofing and decks speciality, in addition to conducting other types […]

Throwback Thursday is a regular weekly feature in which we dip into the archives of the Hardlines Weekly Report. In our Nov. 17, 2014, Hardlines Weekly Report we ran a piece reporting on the comments from (then) Ace International president Bob Moschorak, who was of the opinion that buying groups like we have in Canada […]

Lowe’s Cos. reported its third-quarter results this morning. The Mooresville, N.C., company said that sales were US$20.2 billion, compared with US$20.5 billion in the 2023 quarter. Comp store sales were off 1.1 percent, “driven by continued softness in DIY bigger-ticket discretionary demand, which was partly offset by storm-related sales and positive comp sales in pro […]

The Canadian Housing Market Index (HMI) took a Q3 hit, according to the latest report from the Canadian Home Builders Association (CHBA). The single-family HMI recorded a score of 27.4, which is down 2.5 from last quarter. The multi-family HMI is down 4.0 points from last quarter with a score of 28.5. The reported that both indexes are approaching the record lows seen in Q3 2023. Ontario and British Columbia saw the biggest decreases.

Throwback Thursday is a regular weekly feature in which we dip into the archives of the

Do it Best Corp. said today that it has created “the world’s largest network of independent home improvement stores” by acquiring former rival True Value Co. “This monumental transaction represents a transformative milestone… for the entire independent hardware industry,” Do it Best said in a release from its head office in Fort Wayne, Ind.