Indianapolis welcomed back Do it Best members, vendors and channel partners for the co-op’s 2024 Fall Market September 6-9. The focus of the event—and the co-op’s priorities for its next fiscal year—are all related to driving growth for members through …
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ILA Labor Union Possibly Heading to Strike at U.S. Ports
The International Longshoremen’s Association (ILA) union, which represents 45,000 workers at major container ports, and the United States Maritime Alliance (USMX) are currently in negotiations as the union’s contract expires September 30. In a report from Reuters, the groups have …
Read More »Discount Retailer Big Lots Files for Chapter 11
Discount home goods retailer Big Lots announced today it has filed for Chapter 11, and its stores and operations have been acquired by private equity firm Nexus Capital Management. “The actions we are taking today will enable us to move …
Read More »Discount Stores Make NRF’s List of Fastest Growing Retail Companies
Every year, the National Retail Federation ranks the retail industry’s fastest growing companies based on year-over-year retail sales. The 2024 list suggests finding ways to save is still a priority for consumers as five of the top 25 companies are …
Read More »Do it Best Promotes Lauren Wilson to LBM Purchasing Role
Do it Best announced the promotion of Lauren Wilson to building materials divisional purchasing manager, effective immediately. Wilson will enhance the company’s long-term, program-driven procurement process by fostering strategic supplier relationships that align with the growth goals of the Lumber …
Read More »NHPA Announces New Programs, Strengthening of Alliance With the National Hardware Show
Today at the Independent Home Improvement Conference (IHI Conference), the North American Hardware and Paint Association (NHPA) announced the extension of several popular programs and the launch of two new ventures made possible through the ongoing support of the National …
Read More »Do it Best Reports Second-Highest Rebate in Company History
Do it Best reported $4.57 billion in sales for the fiscal year ending June 29, 2024, a 30% increase compared to 2019. The Fort Wayne, Indiana-based co-op also announced the second-highest member rebate in its history. “Our team faced a …
Read More »Do it Best Welcomes Kerry Hasselbach as Director of Marketing
Do it Best has announced Kerry Hasselbach as the co-op’s new director of marketing. Hasselbach brings more than 20 years of experience and a proven track record of success in leadership roles across the home and retail industries, making her …
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