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The Aubuchon Co. Acquires J.B. Hostetter & Sons

Jack and Kent Hostetter have agreed to sell J.B. Hostetter & Sons in Mount Joy, Pennsylvania, to The Aubuchon Co., the oldest and largest family-owned hardware store chain in America. Following the closing later this year, The Aubuchon Co. will …

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Industry Leader Gina Schaefer Passes Reins to Craig Smith

Cool CEO

Buying and Selling: Whether you’re looking to grow or sell, if you need financing or valuation services, the NHPA Retail Marketplace has options. Visit YourNHPA.org/marketplace to learn more. Transition is part of the natural evolution of a business, whether you …

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7 Business Transition Key Terms You Need to Know

business transition key terms

In the fast-paced world of business, change is inevitable. Whether it’s retiring leaders, shifting ownership or strategic acquisitions, retailers must be prepared to navigate various transitions to ensure their continued success. To effectively manage these transitions, it is crucial for …

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5 Compelling Data Points for Using TikTok

Using TikTok

Grow Your Following: Discover four ways to engage with TikTok and increase your followers at hardwareretailing.com/tiktok-following. With 62% of Gen Z using TikTok—according to a study conducted by Material, a global strategy, insights, design and technology partner—joining the platform and …

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PPG Reports First Quarter Financial Results

PPG reported first quarter financial results for 2023. They had record net sales of about $4.4 billion and organic sales grew more than 5% over 2022. The reported earnings per diluted share (EPS) was $1.11 and the adjusted EPS was …

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NHPA Welcomes New Board Member

sales veteran

The North American Hardware and Paint Association (NHPA) has brought on a new board member, Joanne Lawrie, co-owner of Annapolis Home Hardware Building Centre in Annapolis Royal, Nova Scotia.  Lawrie has been in the hardware industry since 1988 when she …

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