Hensel’s Ace Hardware has taken an unusual approach to store layout, and owning two buildings in the heart of their city makes that possible. As the Arcata, California, business has grown, it has steadily moved into more of the town’s …
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Intertape Polymer Group Acquires TaraTape for $11 Million
Intertape Polymer Group Inc. (IPG®) announced the acquisition of RJM Manufacturing, Inc. (TaraTape), a manufacturer of filament and pressure-sensitive tapes. TaraTape revenue for the most recently completed fiscal year was approximately $20 million. The purchase price of $11 million was financed with funds …
Read More »Former Anawalt Lumber Chairman Dies at 91
Patricia Anawalt, who died in October at age 91, was a former UCLA anthropologist and chairman of Anawalt Lumber in Los Angeles. The lumber company was founded in 1923 and is still family owned. The business has four retail locations in …
Read More »California Retailers Support Communities During Wildfires
Homes burned to ash, 150-year-old trees vanished as if they had never grown and soot blackened the countryside behind wildfires that spread through tens of thousands of acres in Northern California. At least one local hardware store owner fought the …
Read More »Orgill to Relocate World Headquarters
Orgill, Inc. has announced it will be relocating its headquarters to Collierville, Tennessee, which is a suburb of Memphis. The company will construct a new 100,000-square-foot office building to house its worldwide headquarters. Construction is expected to begin in 2016. The company …
Read More »Buying the In-Store Experience
E-commerce accounts for only 7 percent of U.S. retail sales, according to the U.S. Census Bureau. But 87 percent of consumers say they go online to look for information about a store before visiting, according to a Google study. The …
Read More »Cole Hardware Founder Dies at Age 99
The 99th birthday of Cole Hardware founder Dave Karp was a reason for the Karp family and store staff to be grateful this year — and his Oct. 25 death was the loss of the company’s figurehead. Even as he aged, …
Read More »Capitalize on the Hometown Advantage
The North American Retail Hardware Association (NRHA) can help you leverage data on the benefits of shopping local for events such as Small Business Saturday, which is Nov. 28. Now more than ever, consumers like knowing where their money is …
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