Content about Co-op news

October 20, 2014

Indianapolis -- Do it Best Corp. distributed more than a $100 million in member rebates during the co-op's annual shareholders meeting Sunday night. 

It was the 11th consecutive year of $100 million-plus rebates, and another chance for CEO Bob Taylor to present his state-of-the company report -- emphasis on members growing their business and overcoming challenges.

October 18, 2014

Indianapolis -- Farm and ranch and home automation were included in a list of highlights and opportunities for retailers attending the Do it Best Fall Market, which includes 61 new vendors this year.

Back by popular demand on the show floor is a 5,000 sq.-ft. Farm & Ranch exhibit, said Steve Markley, VP of Merchandising for the Fort Wayne, Indiana-based co-op.

“Farm and ranch is a fast growing segment for us,” Markley said during the co-op’s Merchandising Market Preview. “There are all kinds of opportunities in that area.”

October 17, 2014

Indianapolis -- The Do it Best Fall Market is under way in Indianapolis, where dealers and vendors will be conducting business through Monday afternoon. 

Friday’s events included a day of education, as well as a Power Preview in Victory Field. Here at the home of the Indianapolis Indians, dealers get a taste of the latest in outdoor power equipment, plus a tasty samples from the grill exhibits.

October 16, 2014

As part of a broad strategic plan, True Value unveiled a new approach to merchandising and pricing during the Chicago-based co-op’s General Session in Denver.

One takeaway: expect fewer opening price points in the True Value assortments. “No one makes money on opening-price-point product,” said Ken Goodgame, True Value’s senior VP and chief merchandise officer.

October 15, 2014

Country Ace Hardware owner and VP Amy Kaplanis, a retailer in Granby, Colorado, and member of Ace’s board of directors, appeared in Diversity Journal’s 13th Women Worth Watching report.

The article in Diversity Journal describes her career path from a successful consulting career in Corporate America to a fulfilling role in the family business.

October 13, 2014

Denver -- Though many of the usual suspects were on-hand at the 2014 True Value Fall Reunion, more than one of the show floor's sizzling merchandise developments took place among the grills.

Relatively new to the hardware scene is Traeger Grills, a line of sleek wood pellet grills that now feature a Digital Pro Controller with dual meat probes, a removable grill shelf and EZ-Fold legs for added portability.

The grills can also double as convection ovens, opening the door to all kinds of possibilities that include hickory-smoked chocolate chip cookies.

October 13, 2014

Washington, D.C.-based Logan Hardware, a member of the nine-store Ace Chain "A Few Cool Hardware Stores," has officially reopened the doors at its new location after months of construction.

Effective Oct. 9, the store was open to customers, though the store is still in the process of completing certain renovations.

October 12, 2014

 

Do it Best Corp. says it is bringing more resources to its INCOM Distributor Supply division. 

The Fort Wayne, Indiana-based co-op is expanding the team and dedicating additional resources to support INCOM Distributor Supply. The move reflects the business’ sustained growth and strategic importance, according to the co-op.

October 12, 2014

 

Denver – True Value unveiled big plans for its advertising in 2015. In President and CEO John Hartmann's words, "the changes will be transformational, and I mean like we haven't advertised in over a decade."

Hartmann left it up to SVP & Chief Customer Officer Blake Fohl and SVP & Chief Merchandise Officer Ken Goodgame to deliver the news of an expanded national TV branding campaign. They described a national television program with ten times more spend in 2015. 

October 12, 2014

Denver -- During the True Value General Session here, with the co-op presenting details of its much-anticipated strategic plan, president and CEO John Hartmann painted a picture of the company building on the principles of “engagement,” “growth” and “efficiency.”

October 12, 2014

Denver -- The General Session at the 2014 True Value Fall Reunion in Denver opened with a few words of inspiration from chairman of the board Brent Burger.

"As you can see from the agenda card, we have a very full program this afternoon and I promise you that it will be one of most exciting General Sessions we have ever had," said Burger, the owner of five Campbell's True Value locations in Maine.

October 9, 2014

The exhibit floor of the 2014 True Value Fall Reunion, taking place this year in Denver, Colorado, officially opens on Friday, but some early activities are already under way.

Visitors filed into the Colorado Convention Center Thursday afternoon, where drinks and hors d'oeuvres were on-hand at the Farm & Ranch Reception.

The throngs then proceeded to the show floor to get a sneak peek of this year's farm & ranch section, where feed, pet products and lawn & garden products were prominent.

October 8, 2014

Lumber and building material buying cooperatives PAL and ENAP announced they have signed a non-binding Letter of Intent to merge. The companies enjoy strong dealer support in the Midwest and East markets, respectively.

September 26, 2014

House-Hasson Hardware is using two tactics – cultural awareness and corresponding product delivery – to achieve new business growth in America’s Amish and Mennonite communities.  

“We’re generating a lot of Amish and Mennonite business because we listen to them, pay attention to them, and craft what we do in their communities to be beneficial to these customers,” said Don Hasson, president of House-Hasson Hardware, described as America’s largest independent regional hardware distributor. 

September 24, 2014

BlueTarp Financial announced that Ace Hardware Corporation has selected BlueTarp as the preferred commercial credit program for its Ace stores. 

The move brings BlueTarp closer to the Ace organization, members of which can choose to participate. The program is rolling out on a limited bases currently, with broad availability targeted for the fourth quarter.

September 23, 2014

Do it Best is giving customers a nudge timed with the onset of football season -- and it comes with promotions and opportunities to win prizes.

The co-op sent out an email blast Monday promoting its grills, coolers, snacks, plates and utensils.

The newsletter also touted Do it Best's Black & Decker Fall Cleanup Giveaway, with prizes which total over $700 in Black & Decker products.

September 22, 2014

Orlando, Florida -- With Internet sales growing faster than other channels across the U.S. retail scene, Ace Hardware rolled out a new Web-embracing deal for dealers.

In essence, retailers that sign up for Ace’s In-Store Pick Up service receive 100% profit on Internet sales, up from 70%.

September 22, 2014

Frattallone's Ace Hardware of Minnesota was recognized by Ace Hardware Corp. as the co-op's All-Star Retailer of the Year for its contributions to the Children's Miracle Network.

Mike Frattallone accepted the award during a presentation at the Ace Hardware General Session in Orlando, Florida. The ceremony included an appearance on stage alongside Aiden Morales, the 10-year-old ambassador of Ace's fundraising programs across the country. 

September 19, 2014

Ace Hardware is expanding its use of the services of eBay Enterprise to deliver omnichannel In-Store Pickup services to its customers, which is due to be implemented in a total of 1,000 stores nationwide.

September 18, 2014

Orlando, Florida – Ace’s current merchandise strategy is heavy on the paint department, but there were plenty of other categories making news in the 850,000 square feet of exhibits here at the Orange County Convention Center.

Ace Hardware VP Merchandising Frank Carroll, speaking during the General Session here at the 2014 Fall Ace Convention & Exhibits, described the market as “a retail wonderland” with paint leading the way.

September 17, 2014

Orlando, Florida -- Financing and technology were among the new-and-improved tools that Ace Hardware executives rolled out onto the stage of the Ace Hardware general session here Wednesday morning.

At the same session, the co-op rallied around the morning's slogan "Building Momentum," and executives had statistics to back it up.             

September 2, 2014

Lenexa, Kansas-based Westlake Ace Hardware’s summer fan drive to benefit the elderly generated some $30,000 worth of cooling equipment. 

The retailer partnered with The Salvation Army for the drive July 17 to Aug. 3. More than $30,000 was donated, equating to more than 2,000 fans donated -- at cost -- to The Salvation Army.

August 28, 2014

Ace Hardware Corporation has employed the wares of Digital Lumens in upgrading the lighting of its 1-million-sq.-ft. Retail Support Center in Rocklin, California.

The facility has been outfitted in Digital Lumens Intelligent LED Lighting since October 2013, saving Ace an average of 81% on lighting-related energy use, the company said.

August 13, 2014

Hardware Distribution Warehouses, Inc. CEO and President Kenneth R. Beauvais said HDW will be expanding its wholesale services into the Florida panhandle beginning Sept. 1.

“In addition to our recent expansion into Northwest Texas, we have made the decision to extend our service area into the Florida panhandle,” Beauvais said. “This expansion will result in additional opportunities for our employee owned company.”

The announcement was made at the company’s 2014 Fall Market, which ended Aug. 10 in Shreveport, Louisiana.

August 13, 2014

With heavy investment in its Paint Studio and a corresponding media blitz to promote it, wholesale sales at Ace Hardware Corp. jumped double digits in the second quarter, the co-op reported Wednesday morning.