Throwback Thursday: The dark before the dawn

"Recovery" has been the name of the game for the past couple of years. Back in 2010, however, the industry still wasn't done dealing with the blows of the housing market crash.

In the June 2010 edition of Home Channel News (the predecessor to Hardware + Building Supply Dealer), HCN's Top 500 feature bore the title: "No surprise: Top 500 sales decline."

To be sure, sales in the home channel had been falling for the past three years, so when they fell 4.8% in 2009 to $226 billion, it wasn't a major shock.

As HCN editors put it then, "it was a year to put in the rearview mirror."

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