Sears Holdings Corp., the estate of the former retail titan Sears, has agreed to settle a lawsuit over the $5.2 billion sale of its Sears and Kmart chains to former chairman and CEO Edward Lampert for more than $18 million, …
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Lowe’s Announces New Chief Brand and Marketing Officer
Lowe’s has announced the appointment of Marisa F. Thalberg as executive vice president, chief brand and marketing officer, effective February 10. She most recently served as the global chief brand officer for fast-food chain Taco Bell. Thalberg has been named …
Read More »United Hardware Buying Market Highlights Special Events
At its Spring and Summer Buying Market, held Jan. 10-12 at the Minneapolis Convention Center in Minneapolis, United Hardware helped retailers start off the new year with a diverse mix of vendors, discounted buys and a focus on the power …
Read More »How Jackson Center PRO Competes on Price
Jackson Center PRO Hardware is making an art of competitive pricing. The Jackson Center, Ohio, store currently has about 3,000 square feet of selling space, but the size isn’t preventing it from beating the big boxes on quality and price. …
Read More »Orgill Announces 2020 Executive Vice President Team
As the new decade begins, Orgill has announced a few changes and promotions to its team of executive vice presidents. These changes are designed to position Orgill for further growth in the coming years and to provide an even stronger …
Read More »Ace Hardware Names President of Emery Jensen Distribution
Ace Hardware Corp. has appointed Michael Magee to the position of president and general manager of Emery Jensen Distribution, a division of Ace Wholesale Holdings. Magee will oversee strategic and tactical plans for growing wholesale business, including the development of …
Read More »E-Commerce Sales Rise 18.8% in Holiday Season
Holiday sales grew 3.4 percent over 2018 levels, according to new data from Mastercard SpendingPulse reported by the Chicago Tribune. Notably, e-commerce sales grew by 18.8 percent, “marking the continuing change in how people shop,” according to the article. Sales …
Read More »Words From Past Young Retailer of the Year Honorees
Over the last 24 years, the North American Retail Hardware Association (NRHA) has recognized the achievements of more than 150 up-and-coming home improvement industry leaders through the Young Retailer of the Year award program. Former honorees have distinguished themselves through their …
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