Content about Schaumburg

December 5, 2013

IKEA said this week that it is submitting plans for a St. Louis, Mo., store.

The application marks the beginning of the governmental approval process, which is expected to lead to the opening sometime in fall 2015. The closest IKEA stores to the proposal are the Chicago-area stores in Bolingbrook, Ill., and Schaumburg, Ill. Additionally, a Kansas City-area store is under construction and on track to open fall 2014 in Merriam, Kan.

October 2, 2013

A survey from the Schaumburg, Ill.-based American Hardware Manufacturers Association (AHMA) found most members see sales higher than a year ago.

In comparing current sales levels to year-ago levels, 75% of respondents said sales were higher in September versus year-ago levels, according to the AHMA’s monthly survey. 

In August, 77% of respondents said sales were trending higher.

March 6, 2013

The American Hardware Manufacturers Association says fewer members reported higher February sales.

The American Hardware Manufacturers Association says fewer members reported higher February sales. 

Manufacturers also reported plans for increasing international sales and a strong need for more affordable health care, according to the Schaumburg, Ill.-based association.

March 23, 2012

The New Racor SecureHold hooks provide safer storage, protecting children, cars and valuables.

Schaumburg, Ill.-based Racor’s newest product line “SecureHold” effectively tackles the challenge of storing long-handled tools safely and conveniently.

March 5, 2012

Ray Schlosser, founder and president of Aero-Tech Light Bulb Co., of Schaumburg, Ill., did not build his “Made in the U.S.A.” campaign because it was the fastest route to profitability.

August 31, 2011

On the eve of the company’s second-quarter earnings announcement, Lowe’s closed seven underperforming stores. 


Shuttered are locations in Meriden, Conn.; Riverdale, Ga.; Elgin and Schaumburg, Ill.; Kenai, Alaska.; Cambridge, Minn.; and Ticonderoga N.Y.


Obviously, the move upset the affected communities. For instance, Alaska Senator Lisa Murkowski complained of the lack of notice. But CEO Robert Niblock is paid to make tough decisions, which is how he described the seven closings.


June 13, 2011

The 30-year AHMA veteran will retire as vice chairman of the American Hardware Manufacturers Association (AHMA), but will remain as a liftetime honorary member of the board.

After more than 30 years of service to the AHMA, Farrell will assume the title of vice chairman emeritus, according to the Schaumburg, Ill.-based industry group. He will continue to represent the association at various industry events.

November 13, 2008

This brings the total of Sears stores slated to close in early 2009 to 20....

September 21, 2008

As Menards continues to expand its borders, including into two new states in the United...

September 23, 2007

In a surprise announcement that was both shocking and familiar, Ace Hardware revealed on Sept....