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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Home Improvement Industry Leaders Gather in North Carolina
Sales and marketing leaders from across the home improvement manufacturing landscape came together for the 52nd spring meeting of the Hardware Marketing Council (HMC) held May 30-June 1 at The Washington Duke Inn in Durham, North Carolina. HMC is made …
Read More »Industry Leader Gina Schaefer Passes Reins to Craig Smith
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 …
Read More »LeVahn Brothers Employs Plumbers to Provide Services and Supplies
Over the last century, LeVahn Brothers has evolved from a plumbing contracting business into a full-service hardware store with a focus on plumbing repair items. Andy LeVahn took over the business from his father in 2018 and is the fourth …
Read More »7 Business Transition Key Terms You Need to Know
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 …
Read More »5 Compelling Data Points for 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 …
Read More »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 …
Read More »NHPA Welcomes New Board Member
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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