Expo Nacional Ferretera, the largest event in Mexico and the Latin American market serving the hardware, construction and electrical markets, has joined the Reed Exhibitions portfolio of brands and brings with it more than 1,300 exhibiting companies occupying 50,000 square …
Read More »Industry News
Handy Hardware Answers Retailer, Vendor Questions
In light of Handy Hardware Wholesale Inc.’s recent announcement of being acquired by a subsidiary of the private equity firm Littlejohn & Co., Hardware Retailing editors spoke with Mickey Schulte, vice president of marketing and purchasing at Handy Hardware, and …
Read More »29,000 Retail Jobs Added in April
Total nonfarm payroll employment rose in April by 165,000, and the unemployment rate was little changed at 7.5 percent, the U.S. Bureau of Labor Statistics reported. The unemployment rate changed little in April but has declined by 0.4 percentage point …
Read More »NRHA’s All-Industry Conference to Highlight Changing Consumer Habits, Recognize Industry Leaders
Once again the North American Retail Hardware Association (NRHA) will be hosting its All-Industry Conference concurrently with the National Hardware Show®, held May 7-9 at the Las Vegas Convention Center in Las Vegas. The NRHA All-Industry Conference brings together independent …
Read More »Study: Economy Less Likely Affecting Millennials’ Shopping Habits
Millennials are less likely to spend less due to the economy, according to a consumer survey conducted by Prosper Insights & Analytics on behalf of the National Retail Federation. Its April Consumer Survey showed that 89.5 percent of young adults feel the …
Read More »Third-Generation Ace Hardware Store Opens in Colorado
A new Ace Hardware store is opening in Pine, Colo. The new Moore Lumber and Ace Hardware store, formerly Hutchinson Lumber, is the fourth store the Moore family owns. The new Moore Lumber and Ace Hardware is owned by Bill …
Read More »Handy Hardware to be Purchased, Privatized
Handy Hardware Wholesale is scheduled to be purchased by Littlejohn & Co pending official court approval in July. Handy Hardware Wholesale, which is based in Houston, filed for bankruptcy in Delaware in January and as part of the Chapter 11 …
Read More »Senate Closes Debate on Marketplace Fairness Act
The U.S. Senate closed debate on the latest version of the Marketplace Fairness Act last week by a vote of 63-30, but the final vote on passage was delayed until May 6, after senators return from a weeklong vacation. The …
Read More »