Unadjusted hardware store sales slip in February
The Census Bureau’s Monthly Retail Trade Report showed sales for hardware stores — NAICS code 44413 — were $1.212 billion on an unadjusted basis in February, the most recent month of available data in this business classification. The February figure is down 6.6% from January’s unadjusted sales of $1.298 billion.
In February 2010, unadjusted hardware store sales as calculated by the Census Bureau were $1.235 billion.
Twins Ace Hardware opens in Fairfax
Twin brothers Craig and Jeff Smith opened Twins Ace Hardware in Fairfax, Va., in a 16,000-sq.-ft. store on Main Street.
The brothers have a combined 19 years experience in hardware retailing with the independent chain Strosniders Hardware.
The new store, which has no other connection to Strosniders, is located in the Main Street Marketplace Shopping Center next to a Walgreens.
“We were looking for the ideal space for quite some time,” said co-owner Jeff Smith “We believe we’ve found it here in the City of Fairfax. We love the area, and our business blends in well with the vibrant shops and restaurants in Old Town.”
The store puts an emphasis on environmental responsibility, according to the brothers. In addition to completing a lighting upgrade to energy-efficient fixtures in the store, Twins Ace offers free recycling of CFLs, alkaline and rechargeable batteries, cell phones and mercury-containing thermostats. Among the "green" products on the shelves are Mythic Paint, Mrs. Meyer’s Clean Day and Seventh Generation cleaners, according to the store.
Downtown Indianapolis hardware store in the works
North Meridian Hardware is the tentative name of a new store planned for downtown Indianapolis, according to a report in the Indianapolis Business Journal.
The store would open in a building that used to be the home of the local radio and television station WFYI. The area has seen significant development of apartments and condominiums, according to the article.