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Ace Hardware Names New Board Member

Ace Hardware

Ace Hardware Corp. has named Karen May as a new member of the cooperative’s board of directors. May is executive vice president and chief human resources officer of Mondelēz International Inc., which was formerly Kraft Foods Inc. She has served in a …

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Iowa Retailer Dies at 103, Leaves Hardware Legacy

Whannel Hardware

For decades, customers who shopped at Whannel Hardware in Traer, Iowa, knew they could find helpful home improvement advice, a smile and a laugh from the store’s longtime owner, LeRoy Whannel. Even at the age of 103, the business was …

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Small Business Owners Optimistic About Business Health

Small business owners across the U.S. have an optimistic outlook concerning their operations’ health, when considering plans to hire, their revenue expectations and plans to invest back into the business, according to a new report. The findings come from MetLife …

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SBA Chief Is ‘Optimistic About Small Business’

Linda McMahon, new administrator for the U.S. Small Business Administration (SBA), believes entrepreneurship is making a comeback and the SBA can help. “I’m so optimistic about small business in America. I wouldn’t have taken this job if I wasn’t,” McMahon …

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True Value Reports Small Q1 Declines

true value fall reunion

This week, True Value Co. reported a decrease in both revenue and gross billings, citing unfavorable weather patterns that led to a decline in retail traffic for the first quarter. The co-op posted gross billings of $502 million through the …

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Lowe’s to Buy Texas Distributor for $512M

chemicals

Lowe’s Companies Inc. announced May 18 that it is buying a Texas distributor in an effort to grow its pro business. The distribution company is Maintenance Supply Headquarters, a supplier of maintenance, repair and operations products for businesses in the multifamily housing industry, according …

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