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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

Fortune Brands Home & Security, Inc. completed the sale of Simonton Windows to Ply Gem Holdings, Inc., a manufacturer of exterior building products. 

Fortune Brands announced the agreement to sell Simonton Windows on August 20, 2014.

The Simonton business was sold for approximately $130 million, or roughly 10 times 2014 EBITDA. The Simonton sale is expected to reduce Fortune Brands' second half 2014 earnings per share from continuing operations by 2 to 4 cents, the copmany said.

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 22, 2014

Atlanta-based BMC hired Jeff Wedge as national director of window sales. 

According to company, the move reflects BMC’s optimism in the window business segment.

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 19, 2014

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) pointed to a significant milestone for builder confidence, which reached its highest level since November 2005 this month.

Confidence in the market for new, single-family homes reached 59 in September, a four-point gain since August.

[The news followed shortly after the Commerce Department reported August housing starts fell sharply from the prior month.]

September 18, 2014

Sears Holdings (SHLD) continued bleeding share value on Thursday in the wake of its announcement that it was borrowing money from CEO Edward Lampert.

September 18, 2014

The Home Depot confirmed late Thursday afternoon that the malware that breached its payment systems was now erased, and that the breach is now thought to have affected as many as 56 million cards.

“We apologize to our customers for the inconvenience and anxiety this has caused, and want to reassure them that they will not be liable for fraudulent charges,” said Frank Blake, chairman and CEO. “From the time this investigation began, our guiding principle has been to put our customers first, and we will continue to do so.”

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 General Merchandise Manager 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 18, 2014

The Retail Industry Leaders Association (RILA) came out in support of reform of the National Labor Relations Board. 

RILA VP government affairs Kelly Kolb issued a statement in support in response to Senate Minority Leader Mitch McConnell (R-KY) and Senate Committee on Health, Education, Labor, and Pensions Ranking Member Lamar Alexander (R-TN) introducing the NLRB Reform Act to the United States Senate. 

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 17, 2014

Global sanitation expert Jim McHale of American Standard Brands will speak at the 2014 Consumer Goods Emerging Markets Forum in Fort Lauderdale, Florida, on Sept. 18, 2014.

McHale will discuss the initial results of the Company’s Flush for Good campaign, which to date has focused on improving access to safe sanitation in Bangladesh and Sub-Saharan Africa.

September 17, 2014

Mid-State Lumber Corp. has hired David Baldino as its newest territory manager for the Connecticut market.

Baldino brings over 33 years of sales experience to the table specific to the building materials industry.

He got his start working as a sales representative for a retail lumber yard out of college, and spent the last 30 years working as a sales representative in the wholesale chain, with a focus on Connecticut.

In his most recent position, he served as sales representative at BB&S Treaters of New England.

September 17, 2014

The U.S. Department of Housing and Urban Development (HUD) is rethinking the way it responds to natural disasters and emergencies.

In an effort to bolster national disaster-preparedness measures and preventative rebuilding, HUD's Rebuild by Design effort entails a National Disaster Resilience Competition in which communities recovering from major natural disasters will compete for $1 billion in federal subsidies.

September 17, 2014

Marvin's Integrity window brand is adding to its product offerings with new insert windows featuring the casement and awning design Integrity is famous for.

The new Wood-Ultrex Insert Casement and Awning windows are a combination of durable fiberglass exterior and warm wood interior, using Ultrex, Integrity's patented pultruded fiberglass.

September 17, 2014

Friday marks the fourth annual National Tradesmen Day, the brainchild of IRWIN Tools to celebrate the contributions of trade professionals and encourage young men and women to take up skilled trade jobs.

In addition to honoring skilled workers, National Tradesmen Day raises awareness of the national shortage of tradesmen, according to Irwin.

September 16, 2014

The West Coast Lumber & Building Material Association continues to offer guidance to pro dealer members in the wake of a$1.6 million Lowe’s settlement regarding alleged violations of dimensional lumber descriptions.

In a letter to members from WCLBMA executive director Ken Dunham offered advice on how to avoid run-ins with the state agencies when it comes to labeling and advertising products.

September 16, 2014

Sears Holdings (SHLD) dropped 9.40% on Tuesday after filing for a $400 million loan from CEO Edward Lampert's hedge fund.

September 16, 2014

Joy Seitz, CEO of Scottsdale-based American Solar & Roofing, is joining the ranks of Seattle-based minimum wage advocates by making bold moves with the company's family-leave policy.

The residential roofing and solar services company is now extending one month of paid family leave to its employees, placing it among the 17% of U.S. employers that offer any level of paid family leave.

September 16, 2014

The embattled Sears Holdings is taking all the help it can get, even if that means reaching into the pockets of its CEO, Edward Lampert.

According to an SEC filing submitted on Monday, the retailer is securing a $400 million loan from ESL Investments, Lampert's hedge fund, which will be used for as-of-yet unspecified purposes.

Lampert -- and by extension, ESL Investments -- currently stands as Sears Holdings' biggest shareholder. However, ESL lowered its stake in Sears less than a year ago due to pressure from wary investors.

September 16, 2014

Trex is lending a hand to Global Training Ministries' warrior transition home in Indianapolis, which will receive a donation of its high-performance decking products as part of its ongoing renovation.

The facility is currently being updated and expanded to accommodate more residents and more amenities, such as an outdoor deck where soldiers can enjoy "sky time" and hold meetings and socialize.

September 15, 2014

Tony and Joni Applegate and their store -- Applegate’s PRO Hardware of Georgetown, Ohio -- were honored as a Paul L. Cosgrave Memorial Award Finalist.

The Applegates opened their about five years ago, filling a need in their community for a hardware store and fulfilling Tony’s lifelong dream of owning a store. And, when the building next door became available, they expanded their store in 2013.

September 15, 2014

Toano, Virginia-based Lumber Liquidators has rolled out its latest product catalog for the fall, which includes 60 new flooring choices and insights into new flooring trends.

"We continually stay on top of design trends from around the world and then work directly with major mills to ensure the lowest prices possible on the highest quality flooring," said president and CEO Robert Lynch.

So what's on tap for fall? Grayscale is one trend the industry may be seeing more of, with various shades of gray flooring cropping up in contemporary design schemes.

September 15, 2014

PetersenDean Roofing & Solar, a Fremont, California-based roofing and solar company, has promoted Erin Clark to president of its consumer solar power business.

“Erin Clark has displayed the kind of high-performance leadership qualities that PetersenDean prides itself in and his expertise and experience in roofing and solar are important to this position," said PetersenDean founder Jim Petersen. "We are confident that these skills will help lead us down the right road in the future as we grow and evolve."

September 12, 2014

Indianapolis-based hhgregg Inc. has brought on Robert Riesbeck as CFO, effective Sept. 15.