In 2019, Michelle and Gary Meny, owners of Meny’s True Value, purchased a third location in Ferdinand, Indiana, which was the catalyst to bring all three locations under one umbrella. Prior to opening the new location, the first two did …
Read More »Lindsey Thompson
Improving Profitability 4 Feet at a Time
With an Excel file, a few well thought out formulas and a desire product selection at the basic level, Cody Miller created his own program for determining the profitability of each department—down to a 4-foot section in each—in his operation’s …
Read More »Benchmark Your Business With the NHPA Cost of Doing Business Study
How do your numbers stack up against industry averages? The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating outlet retailers to participate in the 2023 Cost of Doing Business …
Read More »Do it Best Names New Director of Communications
Do it Best has named Allison Meyer as its newest director of communications, effective immediately. In this role, Meyer leads a team focused on communicating the Do it Best story, which includes highlighting the programs, services and solutions that help …
Read More »5 Strategies From The Aubuchon Co. to Improve Inventory Management
Even when the lingering supply issues from the COVID-19 pandemic resolve, inventory management will continue to be a high priority for retailers. Jared Brown, director of business intelligence for The Aubuchon Company, shares five insights into making the process easier …
Read More »Hillman Opens 305,000-Square-Foot Distribution Hub
Hillman Solutions Corp., a leading provider of hardware products and merchandising solutions, opened a brand new distribution center in Belton, Missouri. Relocating from Rialto, California, Hillman’s new facility is approximately 305,000 square feet. “As 85% of the U.S. population can …
Read More »Bed Bath & Beyond Goes Bankrupt, Attributes Lack of Innovation
Once a giant among big-box retailers, Bed Bath & Beyond filed for bankruptcy this week and is starting the process of closing its 360 locations, as well as 120 BuyBuy Baby stores. According to NPR, the company missed the mark …
Read More »Power Tools Go Streamlined
Not only are they better for the environment, multiuse battery platforms for power tools saves the user time and effort. Numerous power tool manufacturers now offer battery platforms where one battery works with multiple tools. Read to discover some of …
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