After months of speculation, 15 roundtable sessions and thousands of individual conversations and emails with members, the votes are in and True Value’s shareholders have overwhelmingly approved the sale of 70 percent of the company’s stock to private-equity firm ACON …
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Walk or Run for Fun and a Good Cause
Are you attending the National Hardware Show® and North American Retail Hardware Association (NRHA) All-Industry Conference? If so, would you be willing to walk or run for a good cause? The National Hardware Show and NRHA are hosting the Raise …
Read More »South Dakota Retailers Partner for Food Drive
During the holiday season, homeless shelters and food pantries are overwhelmed by the amount of volunteers and donations that come through the doors. However, as the holidays wind down and the hustle and bustle of daily life returns, people may …
Read More »Ace Hardware Partnering With 4 Giant Eagle Grocery Stores
Ace Hardware is working with four Giant Eagle supermarkets in Pennsylvania to open hardware stores within the grocery stores. “We can confirm that select Giant Eagle locations in the Pittsburgh area will be integrating Ace Hardware stores,” Ace Hardware says …
Read More »Walmart and Amazon May Spar Over Online Retailer Flipkart
Walmart is nearing a deal to buy a majority stake in Indian e-commerce company Flipkart, Reuters reports. The purchase would be Walmart’s largest acquisition of an online company, but Amazon may attempt to step in and present a counteroffer, Reuters …
Read More »NRHA Announces the 2018 Top Guns
The North American Retail Hardware Association (NRHA) has celebrated independent home improvement retailers for a century. For the past 11 years, NRHA and Hardware Retailing magazine have honored high-achieving retailers through the Top Guns program. These remarkable business operators often …
Read More »True Value Members Favor Sale, but Co-Op Extends Voting Deadline
As of April 13, True Value Co. has received the retailer votes it needs to sell to a private investment firm, but the co-op is extending its member voting deadline to April 20. The company announced March 15 that it agreed to …
Read More »Data Breaches Ensnare Companies of All Sizes
Recent data breaches have rocked big-box retailers and other large companies, but experts warn businesses of all sizes are at risk from cyberattacks. The Star Tribune reports that [24]7.ai, the company that runs Best Buy’s online chat services, recently suffered a …
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