Suppliers and retailers from across Canada gathered last night to honor the retail home improvement industry’s best retailers during the 32nd Annual Outstanding Retailer Awards, presented during a gala dinner at the annual Hardlines Conference. The event, held at the …
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Noteworthy LBM Acquisitions This Week
It’s been a busy week for acquisitions for LBM retailers. Carter Lumber announced the acquisition of Townsend Building Supply, a building materials dealer with six locations in southern Alabama and the Florida Panhandle. This acquisition continues Carter Lumber’s plans for …
Read More »Retail and Hospitality ISAC Launches New Program Aimed at Supply Chain Cybersecurity
The Retail and Hospitality Information Sharing and Analysis Center (RH-ISAC) announced the launch of LinkSECURE, a new membership program to help mature the cybersecurity capabilities of vendors and address the growing concern of supply chain cybersecurity vulnerabilities. The program aims …
Read More »GLIDDEN Paint Names 2025 Spray Paint Color of the Year
GLIDDEN Paint by PPG announced Brick Red as its spray paint color of the year. Described as a rich and inviting red, this color compliments PPG’s color of the year, Purple Basil. Brick Red, which is available in both interior …
Read More »Bankruptcy Judge Allows True Value to Use Cash Collateral While Lenders Push Back
On Friday, the U.S. Bankruptcy Court for the District of Delaware issued an Interim Order that gives True Value permission to use cash collateral from its lenders to pursue continued business operations while in Chapter 11 Bankruptcy, as well as …
Read More »Wallace Distribution Dealers Aim for Success at Fall 2024 Market
Following the market theme of “Aiming for Success,” the Wallace Distribution Fall 2024 Dealer Market highlighted the services and opportunities the hardware distributor provides to help its dealers succeed in a competitive industry. “In an industry where success is measured …
Read More »Industry Reacts to True Value Bankruptcy and Potential Sale to Do it Best
On Monday, the independent home improvement industry woke up to some of the biggest news in decades as Do it Best announced its bid to acquire substantially all assets from True Value, which filed for Chapter 11 bankruptcy under private …
Read More »Ace International to Discontinue Support of Ace Canada Dealers
According to a letter sent to Ace Canada dealers this week, starting in 2025, Ace International will no longer support or supply Ace Canada dealers. The letter was signed by Ed Dentzman, Ace Hardware Corp. vice president of international finance. …
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