Steph Koyfman

Articles by this author:

  • Thu, 03/13/2014 - 16:57

    Former Stanley Black & Decker chairman Nolan Archibald, who retired from the company in March of last year, received a compensation package totaling approximately $133 million last year, according to an annual proxy SEC filing the company published on Tuesday.

    A $51.4 million merger bonus contributed to the unusually high payout, which was "based on the annual run-rate of cost savings achieved by the company" as of his retirement that were attributable to the merger of Stanley and Black & Decker in 2010.

    Requires Online Subscription
  • Mon, 03/03/2014 - 18:33

    The National Retail Federation sent a message of encouragement to the government, which it praised for its attention to the ongoing patent troll case while urging Congress to solidify protections for retailers.

    Requires Online Subscription
  • Mon, 02/24/2014 - 17:09

    Houston -- Retailers were privy to a number of below-manufacturing-cost "Power Buys" at the Ace 2014 Spring Convention & Exhibits, with the potential for added profit that "can pay for a couple of people to come to Houston," said general merchandise manager Frank Carroll at the opening General Session.

    "The mindset here is a 'thank you'," he added. "Thank you for coming to Houston."

    Requires Online Subscription
  • Mon, 02/24/2014 - 16:49

    Houston -- Ace executives took the stage to deliver rousing speeches at the General Session of the Ace 2014 Spring Convention & Exhibits, congratulating retailers on a strong 2013 and outlining the co-op's vision for 2014 and beyond.

    Ace even had a proprietary rock 'n' roll theme song dedicated to its strategic initiative, "20/20 Vision," which added a spirited component to a slide show presented at the session. "The view is worth the climb," crooned the singer.

    Requires Online Subscription
  • Thu, 02/06/2014 - 20:31

    Las Vegas -- Anticipating that many attendees at this week's International Builders' Show still had questions regarding the imminent changes to healthcare policy, the National Association of Home Builders offered three time slots for its ACA-related educational session.

    Requires Online Subscription
  • Wed, 02/05/2014 - 17:19

    Las Vegas -- A small panel of home design experts offered their two cents on emerging residential trends at the International Builders' Show in Las Vegas. All bets are on a clean, minimal luxury now common in many hotels and spas.

    "Houses are becoming more like spas," said Victor Mirontschuk of EDI International. "They're becoming more like a retreat where [homeowners] want to go at the end of the day. It's like they're on vacation."

    Requires Online Subscription
  • Mon, 12/30/2013 - 12:18

    On Dec. 5, 2013, the U.S. House of Representatives passed the Innovation Act by a largely bipartisan vote of 325 to 91. The legislation, which is sponsored by Rep. Bob Goodlattee (R-Va.), chairman of the House Judiciary Committee, exacts a substantial blow against patent trolls who, in recent years, have gone after the retail industry with outlandish patent infringement claims.

    Requires Online Subscription
  • Mon, 12/16/2013 - 18:15

    HCN congratulates the 50 hardware store, home center and farm-and-ranch retailers who made the annual HCN Hardware Store All-Star list.

    Requires Online Subscription
  • Tue, 12/10/2013 - 16:58

    HCN congratulates the 50 hardware store, home center and farm and ranch retailers who made the annual HCN Hardware Store All-Star list.

    Now in its third year, HCN's annual list of high performers recognizes hardware stores -- one from each state -- that are outstanding in their field. The complete list and analysis can be found in the September issue of HCN. Meanwhile, HCN Daily will work its way across the country with mini profiles, continuing this week with Illinois, Indiana and Ohio.

    Requires Online Subscription
  • Tue, 12/10/2013 - 12:32

    During the recession years, a link emerged between rampant renovating and economic stagnation. You didn’t have to look too far to figure out why: More Americans were staying put in their homes, making the most of what they had with landscaping projects, kitchen remodels and redecorating sprees.

    Now, with the industry poised on the brink of a housing recovery, yesterday’s home improvement trends continue to inform today’s market opportunities. In other words, America has begun the work of digging the skeletons out of its closet.

    Requires Online Subscription