Industry News

Craftsman products will be available in Lowe’s stores and on the retailer’s website in the second half of 2018, the big-box home improvement retailer reports. “With the introduction of Craftsman, customers will have access to some of the highest quality, innovative …

Retailer requests, environmental concerns, sports and the upcoming holiday season all influenced new products at House-Hasson Hardware’s fall dealer market, which will be held Oct. 26-28 at the Sevierville Event Center in Sevierville, Tennessee. “Our markets are based on one goal: dealer profitability,” says Don Hasson, …

Bruce R. Berkowitz, one of Sears Holdings’ biggest investors and a board member, is leaving the company. Sears confirmed that Berkowitz has chosen to leave the board and will make his exit Oct. 31.  He has served on the board of directors since February …

 In addition to knowing the home improvement industry, brothers Seth and Mahlon Boehs discovered their shared love of a good cup of coffee. That interest led to their venture of roasting, packaging and selling coffee in one of their two …

Ellen E. Hackney, former editor and director of communications for the North American Retail Hardware Association (NRHA), died Oct. 7 in her hometown of Indianapolis. She was 79. After receiving her degree from Indiana University, Hackney joined NRHA, which at the …

Home Depot and other retailers are altering their marketing campaigns, product design and consumer outreach programs to better target 26-year-olds, currently the largest age group in the U.S., reports The Washington Post. The cohort numbers around 4.8 million people and …

Menards founder John Menard Jr. is the wealthiest person in the state of Wisconsin, according to the Milwaukee Sentinel Journal. The newspaper reports that Menard’s net worth is $9.9 billion according to Forbes’ list of the 400 richest people in America. Eau Claire, Wisconsin, …

Wallace Hardware Inc., the wholesale distributor based in Morristown, Tennessee, celebrated 95 years of serving independent retailers at its recent fall market, held Oct. 11-13 in Pigeon Forge, Tennessee. To celebrate its long history and its commitment to American retailers, …