Content about Inventory

March 21, 2012

CoreLogic, a provider of analytical information about the housing market, reported that the current residential shadow inventory as of January 2012 was 1.6 million units, approximately the same level reported in October 2011. CoreLogic estimates shadow inventory by calculating the number of distressed properties not currently listed on multiple listing services (MLSs) that are seriously delinquent, in foreclosure and real estate owned (REO) by lenders.

December 22, 2011

New products and new-product knowledge took center stage earlier this month at Do it Best Corp.'s New Product Expo held in Woodburn, Ore. 

Among the hundreds of new products added to inventory were more than 100 exclusive Channellock items, the company said.

December 6, 2011

Brentwood, Tenn.-based Tractor Supply Co. has promoted Alexander Stanton to senior VP supply chain. In his new role, Stanton will handle logistics, transportation, distribution centers, inventory management and pricing for the 1,054-store retailer.

He joined the company in 2006 as VP finance and was later named senior VP finance and strategy. In his new role, he will report to Gregory Sandfort, president and chief merchandising officer.

November 22, 2011

Downey, Calif.-based All American Home Center is closing after more than 50 years of business.

According to the Downey Patriot newspaper, the retailer hired Gordon Brothers Group to handle the liquidation of inventory, a process that will run into next month. 

November 3, 2011

ABC Supply, the nation’s largest distributor of roofing, has promoted Mike Boggs to director of operations, a newly created position. In his new role, Boggs is responsible for championing, developing and implementing critical operational initiatives, including continued improvement of the company’s Customer Service Delivery System (CSDS), inventory management, fleet optimization, outside sales management, response to storms, and the leveraging of technology to enhance internal service quality and customer service. 

October 21, 2011

Central Garden & Pet has announced the promotion of Paul Hibbert to senior VP supply chain. Hibbert will be responsible for all aspects of the company's consolidated supply chain operations, including manufacturing, warehousing, procurement, inventory management and distribution.  He reports to Gus Halas, president and CEO of Central Operating Companies.

September 27, 2011

CoreLogic, a provider of information, analytics and business services, has reported that the current residential shadow inventory as of July 2011 declined slightly to 1.6 million units, representing a supply of five months. 

Also known as pending supply, shadow inventory is an estimate calculated by the number of distressed properties not currently listed on multiple listing services (MLSs) that are seriously delinquent (90 days or more), in foreclosure and real estate owned by lenders. 

June 27, 2011

Of the 32 vendor companies that were recognized as Golden Hammer Award winners during the 2011 ceremony in Las Vegas, five received special commendation in the form of a Committee Choice award.

These five award winners were selected by the Golden Hammer retail committee as examples of the best-of-the-best in the home improvement industry. The panel recognized high performance in five disciplines -- new product innovation, inventory management, serving the pros, category management and quality control.

May 14, 2011

Knoxville, Tenn.-based regional hardware distributor House-Hasson Hardware completed its $2 million, 100,000-sq.-ft. expansion of the company’s Prichard, W.Va., warehouse.

“We’ve moved in, the racks are up, and the bins are being filled,” said Don Hasson, House-Hasson president. “Our West Virginia warehouse will have the same items as are available through our Knoxville warehouse. This means faster and more efficient shipping and delivery of all our products to our customers.”

February 17, 2011

Winchester, Va.-based Trex Co, announced a change in its accounting for inventories from a specific goods last in, first out (LIFO) approach to a Link Chain LIFO method. 

The new method is preferable for several reasons, according to Trex:

December 15, 2010

An auction to sell off the remaining inventory of Terre Haute, Ind.-based retailer Paitson Bros. Ace Hardware has been set for Dec. 18, according to the Tribune Star

December 5, 2010

An automated, mechanized distribution center is an amazing spectacle. Products whiz around elaborate conveyor belts...

LAKE PARK, Ga. —An automated, mechanized distribution center is an amazing spectacle. Products whiz around elaborate conveyor belts at 450 ft. per minute, as if each package had a mind of its own. Thanks to precision placement of laser scanners, sorting shoes will perfectly time their push across the conveyor, gently nudging the right product to the right chute, and hence, the right store.

When watched from above, the entire system takes on a kind of artificial intelligence.

December 5, 2010

For the past couple of years, Home Depot’s top executives have been talking about the...

For the past couple of years, Home Depot’s top executives have been talking about the forecasting, assortment management and other IT “tools” being given to its merchants and store managers so they can make better decisions about what goes on the shelf. But while the Atlanta retailer has been vague about some of its new technology initiatives, it’s made no secret of the fact that it fell behind in the IT sector while expanding on the retail front.

December 2, 2010

Ace general merchandise manager Ken Goodgame shared thoughts on inventory management and social networking, during...

November 14, 2010

During the company’s investor conference call Nov. 15, president and CEO Robert Niblock said that...

December 14, 2008

Film crews from the cable television show “Cool Tools” roamed the trade show floor at...

November 10, 2008

Denver -- STAFDA president Rick Peterson hammered away at the “Employee Free Choice Act” and...

October 21, 2008

Indianapolis -- During his address to shareholders at the co-op’s fall market, Do it Best...

September 21, 2008

Despite its ominous title—“ No Shelter from the Perfect Storm for U.S. Hom ebuilders and...

September 18, 2008

Ace CEO Ray Griffith painted a picture of a co-op focused on overcoming the economy...

September 7, 2008

When a visitor walks around the 800,000-square-foot distribution center here, just north of Albany, he...

June 15, 2008

When BMHC launch ed its SelectBuild division in June 2006, the San Francisco-based prodealer was...

May 4, 2008

Johan van Tilburg, president and CEO of Tindell’s Building Materials in Knoxville, Tenn., took on...

February 10, 2008

Ace Hardware announced last month that an investigation by outside agencies has determined the company’s...

November 30, 2007

Pro dealer has announced plans to eliminate underperforming skus....