Content about Hardware Stores

April 15, 2014

Fort Wayne, Ind.-based Do it Best Corp. hired Eric Knox as regional sales and business development manager, covering a large swath of the United States.

April 14, 2014

The Group Merchandising Conference slated for June 16-18 in Atlanta will bring manufacturers and PRO Group-affiliated distributors together for business, according to event organizers.

During the event, vendors will have the opportunity to demonstrate products to distributor buyers at the GMC in suites with private, prearranged meeting times.

PRO Group Director of Merchandising Brendan Sullivan described the event’s format as time-tested.

April 11, 2014

True Value Co. recognized Foster True Value Hardware as one of its 13 honorees for its “Best Hardware in Town” program.

The store operates in Mariposa, Calif., where it has a strong reputation as a community supporter with sponsorships and other philanthropic efforts.   

Troy Foster, Monica Evans and Melissa Swank accepted the award during a ceremony in Atlanta earlier this year. 

April 9, 2014

The National Retail Federation doubled down Tuesday on one if its long-standing initiatives: getting patent troll legislation pushed through Congress.

NRF SVP David French submitted a statement to the House Energy and Commerce Subcommittee, which is currently investigating the trolls' use of vague demand letters to sue businesses for using what are often ubiquitous technologies.

April 7, 2014

Do it Best Corp. entered the Elite 100 annual rankings conducted by Information Week. The recognition was linked to the co-op’s development and implementation of a dedicated app for its Sneak Peek sales events at its May and October markets. 

April 1, 2014

Oak Brook, Ill.-based Ace Hardware Corporation is hoping to gain a sales and marketing boost from its 90th anniversary.

To commemorate the occasion, Ace is hosting a nationwide promotion April 2-7, during which time customers can get 20% off gallons of Clark+Kensington paint+primer in one, as well as special offers on a variety of lawn, garden and outdoor living items. Some home maintenance products will also be priced at 90 cents in honor of the milestone.

March 28, 2014

Chanute, Kan.-based Cleaver Farm & Home was recognized by Chicago-based True Value Co. as one of 13 “Best Hardware Store in Town” honorees.

Accepting the award at a True Value hosted ceremony were Chris and Jason Cleaver. 

The retailer converted to the co-op’s Destination True Value format in spring 2013, and the owners see continued community support along with opportunities for growth. 

The farm-and-ranch segment has been an area of focus for the wholesaler, which describes the segment as its fastest growing. 

March 27, 2014

Fort Wayne, Ind.-based Do it Best Corp. promoted Rich Lynch to the position of VP marketing.

March 27, 2014

Oak Brook, Ill.-based Ace Hardware Corporation, the industry’s largest retailer-owned hardware cooperative, recognized Les Orchekowsky of Sierra Vista, Ariz., with Ace’s first-ever Ray A. Griffith Retail Leadership Award.

Named after Ace’s former CEO Ray A. Griffith who retired in March 2013, the award will be given annually to the Ace retailer that most personifies Griffith’s outstanding leadership traits and exemplifies Ace’s core values.

March 26, 2014

A new Ace Hardware store opened in the Crabapple section of Alpharetta, Ga., according to an article on northfulton.com. 

The new store, Ace Hardware Crabapple, will hold a grand opening event that will run all day April 11. The store at 12350 B-1 Arnold Mill Rd. opened for business earlier this month. 

March 25, 2014

Citing a shock and fire hazard, Ace Hardware is recalling the Ace Clamp-On LED Work Light, sold at Ace locations and other hardware stores between September and December 2013.

According to the Consumer Product Safety Commission, the cord bushing inside the light base has exhibited a tendency to fail, which allows the cord wiring to pull out of the base and expose bare wire.

No injuries have been reported.

March 24, 2014

Stine Home & Yard will accept the prestigious Retailer of the Year Award during the 2014 Golden Hammer Awards Ceremony at this year’s National Hardware Show in Las Vegas on May 6.
 

March 21, 2014

Executives from Do it Best Corp. celebrated the grand opening of the co-op’s new Retail Service Center in Sikeston, Mo.

Bob Taylor, president and CEO of Do it Best Corp., and Sikeston Mayor Jerry Pullen cut the ribbon on the 550,000-sq.-ft. facility, which will serve as the co-op’s strategic hub for product distribution to members throughout the Midwest and central United States. 

March 19, 2014

Adam Schoelkopf of Bedford True Value Hardware in Bedford, N.Y., recently accepted a True Value Best Hardware Store in Town award on behalf of the store.

A total of 13 stores were recognized by the co-op during its Spring & Rental Reunion held in Atlanta. 

“These are talented business people who work incredibly hard to bring their communities the best service and shopping experiences possible,” said True Value president and CEO John Hartmann. 

March 19, 2014

According to the Green Bay Press Gazette of Wisconsin, a man took several days to accumulate more than $15,000 of stolen merchandise from an Oconto Falls, Wis., hardware store. 

The thief pulled it off by coming back night after night last summer, after he stole the key from a pickup truck, according to the article. 

March 11, 2014

Do it Best Corp. has announced the promotion of John Branigan and Tom Morgan to retail performance managers, effective immediately.

Branigan and Morgan will lead co-op efforts in aiding the growth and enhancement of member stores through retail performance programs developed exclusively for Do it Best Corp. member-owners.

March 7, 2014

Orlando, Fla. -- During its Spring Dealer Market hear, Orgill expanded its show floor to more than 750,000 sq. ft., including multiple model stores and a showcase area that introduced a new vivid Solutions paint area and a “Backyard Oasis” featuring outdoor living ideas.

Organizers said thousands of retailers from the United States, Canada and all over the world took part in the market, which drew to a close March 1.

March 5, 2014

Orlando – At the Orgill Spring Dealer Market here, the show floor dedicated a sizeable area to the art and science of impulse sales. 

Merchandise displays and educational materials elevated the status of a family of items ranging from Krud Kutter to As Seen on TV Pancake Makers.

Orgill pointed retailers to a number of statistics, for instance:

• 88% of all impulse purchases are made because an item is on sale or the shopper thinks she is getting a good price;

March 4, 2014

Emery-Waterhouse CEO Steve Frawley anticipates changes now that Ace Hardware has acquired the 170-year-old regional wholesale distributor. Some will be subtle, some substantial, and some as yet unknown. 

The deal, terms of which were not revealed, also marks the beginning of a separation between Portland, Maine-based Emery and Distribution America, the co-operative of nine regional distributors that pool together as a buying group. 

March 3, 2014

An industry veteran and former top merchandising executive at Handy Hardware, Mickey Schulte resigned last week to take a position outside the hardware industry.

Schulte had been a key figure at the Houston-based distributor and served during the company’s growth years, its bankruptcy and its subsequent reorganization. 

February 28, 2014

Oak Brook, Ill.-based Ace Hardware Corp. recognized seven vendors for their superior commitment and service to the hardware cooperative, its retailers and customers at the 2014 Spring Convention and Exhibits held February 24-26 in Houston.

This year’s collection of Ace Vendor of the Year award winners are:

• Allway Tools, a premier manufacturer of paint sundries and specialized tools, based in the Bronx, N.Y. 

February 28, 2014

Two Sears Hometown Stores opened in Colorado, Florida and Virginia and will be celebrating grand opening ceremonies this weekend.

In Florida, the new store is located in Ocoee at 8849 W. Colonial Drive. The new Virginia store is located at 6623 Richmond Road in Williamsburg. Both locations will be offering 10% discounts through the weekend, plus special grand opening giveaways.

The new Sears Hometown Store in Colorado is located in Longmont, at 700 Ken Pratt Blvd.

February 27, 2014

House-Hasson Hardware reported sales increases at its winter dealer market, which the distributor takes to indicate that 2014 will be a lucrative year for hardware stores and lumberyards in general.

President Don Hasson noted that sales were up 14% -- across the board -- at the January dealer market in Nashville. He added that accelerating home sales are giving dealers added confidence.

February 25, 2014

Chicago-based True Value Company reported gross billings of $457.3 million for the quarter ending Dec. 28, an increase of 1.3 % from $451.5 million for the prior year quarter.

Revenue was $340.7 million, an increase of 0.2%. The co-op posted quarterly earnings of $12.5 million, down 57% from $29.1 million for the same period a year ago. Last year’s earnings were inflated by a $16.5 million non-recurring gain. Excluding that gain, earnings were down 0.8%.

February 25, 2014

Atlanta -- True Value Co.'s Special Order App for mobile devices is putting more power into the hands of retailers, according to the co-op.

What began as a concept about 18 months ago, the True Value mobile ordering app is now in its sixth month of operation. It's in use at about 1,800 retailers making thousands of orders, said Rosalee Hermens, VP and chief information officer for True Value.