Magnet Source

Magnet Source Market Overview

Grips Intelligence in-store data covering January 1 through July 31, 2026 across two tracked retail channels shows Magnet Source, a brand of Master Magnetics, holding an average product price of $8.12. Ace Hardware accounts for the clear majority of year-to-date revenue at 71.5%, with Menards contributing the remaining 28.5%. Revenue rose 2.2% over the May–July timeseries window, though the most recent month slipped 0.5% against the prior period. Average price ticked up 1.0% month-over-month to $8.30 while remaining essentially flat overall, pointing to stable pricing rather than promotional pressure. The channel split and price stability suggest growth will depend on deepening distribution at Menards, where top-selling items skew toward higher price points than Ace Hardware's assortment.