(Disclosure: NHPA, which publishes Hardware Retailing and Paint & Decorating Retailer magazines, is among the vendors involved in theTrue Value bankruptcy claims.) As the True Value Company LLC bankruptcy and sale to Do it Best continues to move forward, several …
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Merit Distribution Group Promotes Geff Lynch to CEO
The Merit Distribution Group LLC announced the promotion of its current president, Geff Lynch, to CEO. Lynch will now be responsible for all aspects of Lancaster’s paint sundry distribution operation and the EJ Welch flooring businesses. A 38-year plus industry …
Read More »Home Depot Co-Founder Bernard Marcus Dies at 95
Bernard “Bernie” Marcus, the co-founder of The Home Depot, died Monday at the age of 95. According to a news release from Home Depot, Marcus was the son of Russian Jewish immigrants and grew up in a tenement in Newark, …
Read More »True Value Temporarily Suspends Drop Ship Program
On Monday, Nov. 4, True Value sent a notification to vendors and retailers, stating that it was temporarily suspending its drop ship program to remain focused on primary business during the bankruptcy case and sale to Do it Best. (In …
Read More »Koelnmesse and dmg events Announce Launch of International Hardware Fair Saudi Arabia
Koelnmesse and dmg events have partnered for a strategic joint venture that will expand the Saudi Arabian hardware industry—the International Hardware Show Saudi Arabia. The new International Hardware Fair Saudi Arabia will take place annually at the International Convention & …
Read More »Home Hardware Stores Limited Appoints Ian White as New President and CEO
Ian White will take over from Kevin Macnab as Home Hardware Stores Limited’s new president and CEO, effective Nov. 18. White is a career retailer with over 30 years of experience and a proven history of leading high-performing teams to …
Read More »Catering to the E-Commerce Crowd This Holiday Season
WHILE HOLIDAY RETAIL SALES are expected to cool compared to the heights of 2023, e-commerce holiday shopping will see an uptick, according to projections from Deloitte, an audit, consulting, tax and advisory services firm. Deloitte predicts holiday sales will increase …
Read More »Smith Lumber Lumber Continually Evolves to Serve Customers
In June 2023, Smith Lumber Company in Valley City, North Dakota, celebrated a century of service to the community. To celebrate, the store hosted a community event that included a vendor cook-off, live entertainment and savings opportunities for customers. For …
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