BlueLinx Holdings, Inc. has a new president and CEO in Mitchell Lewis, who will be leading the company effective Jan. 20.
Additionally, executive chairman Howard Cohen is stepping down, though he (and Lewis) will both serve as members of the board. Roy Haley, who has been on the board since May 2013, will take Cohen's place as non-executive chairman.
According to Bloomberg Businessweek, Samsung has some pretty formidable competition here in the U.S., including current leader Whirlpool. However, it's the fast-growing appliance brand in the country, managing to jump from 2.3% market share to 10.5% over the last five years.
The stakes are high for the nation’s independent retailers. And the competition is fierce. Stores around the country are fighting for their share of the housingmarket recovery in a highly promotional shopping environment.
Mooresville, N.C.-based Lowe's reported a solid third quarter, with sizable gains in earnings and sales.
The company's net earnings increased 26.0% to $499 million. Sales for the quarter jumped 7.3% to $13.0 billion, up from $12.1 billion in the year ago quarter. Comparable sales for the quarter increased 6.2%.
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 Missouri, Arkansas and Louisiana.