Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …
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Westlake Ace Promotes Finance Executive
Westlake Ace Hardware recently promoted Tony Jones to vice president of finance and controller. He replaced the retiring Pam Samulcek, who had served as vice president of finance and controller since 2006. In his new role, Jones leads all finance …
Read More »3 Outdoor Power Equipment Trends to Follow
Market research firm The Farnsworth Group has delved into the consumer trends shaping the outdoor power equipment marketplace. The firm recently completed a public industry study among more than 600 DIYers who had recently purchased or plan to purchase outdoor …
Read More »Ace Hardware and Emery Jensen Aim for Virtual Shows in Spring
Ace Hardware and Emery Jensen have announced they will proceed with a digital convention in the spring of 2021. Ace’s 2021 Spring Convention was originally slated to take place in person in Dallas. In March, Ace Hardware was one of …
Read More »Walmart U.S. CEO on Meeting New Shopper Needs
The National Retail Federation (NRF) recently hosted a webinar with Walmart U.S. president and CEO John Furner to learn how the company had pivoted during COVID-19 to ensure staff and shopper safety. In August, the company announced its second-quarter financial …
Read More »House-Hasson Announces Online Dealer Market for January
House-Hasson has announced plans for a virtual dealer market in January instead of its traditional in-person event normally held in Nashville, Tennessee. The Fresh Start online dealer market is currently scheduled to take place Jan. 28-29. House-Hasson president Don Hasson …
Read More »PPG Names New Head of Diversity, Equity and Inclusion
PPG announced the appointment of Marvin Mendoza as global head of diversity, equity and inclusion (DE&I). In this newly developed role, Mendoza will be responsible for designing, leading and executing PPG’s global DE&I vision and strategy and leveraging data-driven insights …
Read More »Nation’s Best Acquires Connolly’s Do it Best
Nation’s Best, a rapidly growing home improvement company, recently announced its acquisition of Connolly’s Do it Best Hardware & Rental, which operates five locations in Fort Wayne, Indiana. “We are thrilled to welcome Connolly’s Do it Best Hardware & Rental …
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