Ace Hardware appointed two new member directors to its Board of Directors and extended its chairman’s term by one year. At the retailer-owned cooperative’s annual shareholders meeting June 11, Ace Hardware elected two new member directors: Stew Elliott Jr., of …
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2013 Young Retailer of the Year Award Winners
This year, NRHA honors eight of the best and brightest young retailers in the industry with its Young Retailer of the Year awards. Click on each of the names below to see a multi-media presentation of their accomplishments. Under $2 …
Read More »Sources Say Orchard Supply Considering Bankruptcy Filing
Orchard Supply Hardware Stores Corp., the chain spun off by Eddie Lampert’s Sears Holdings Corp. 17 months ago, is considering a bankruptcy filing as soon as next week, according to a Bloomberg News story. Orchard Supply, based in San Jose, California, said …
Read More »May Unemployment Up Slightly to 7.6 Percent
Total nonfarm payroll employment rose in May by 175,000, and the unemployment rate increased slightly to 7.6 percent, up from 7.5 percent in April, the U.S. Bureau of Labor Statistics reported. Over the year, the labor force participation rate has …
Read More »Former NRHA President Frank Greenhaw Dies
Former North American Retail Hardware Association (NRHA) president, Frank Wesley Greenhaw, died June 4 at the age of 89. Greenhaw was elected and served as president of NRHA in 1990.As chief executive of McWhorter-Greenhaw, the longest-running retail store in the …
Read More »Fire Destroys Historic Washington, D.C., Hardware Store
Family-owned and operated Frager’s Hardware, a 93-year-old hardware store in Washington, D.C., burned down Wednesday night after firefighters poured 20,000 gallons of water a minute on the blaze, according to a story in the Washington Post. The fire was first …
Read More »J.D. Power & Associates Ranks Ace Highest in Customer Satisfaction
For a seventh consecutive year, Ace Hardware ranks highest in satisfying home improvement retail store customers, according to the J.D. Power & Associates 2013 Home Improvement Retailer Satisfaction Study. Ace Hardware achieved a score of 803 on a 1,000-point scale …
Read More »Hardlines Inc. Takes Over Outstanding Retailer Awards Program
Canada’s premier awards program for home improvement retailers has a new home. The Outstanding Retailer Awards (ORAs) are now owned and managed by Hardlines Inc. Hardlines, which publishes the quarterly hardware/home improvement trade magazine Hardlines Home Improvement Quarterly (HHIQ) and …
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