Hardware Distribution Warehouses, Inc. CEO and President Kenneth R. Beauvais announced recently that HDW will be expanding their wholesale services into the Florida panhandle beginning Sept. 1 of this year. “In addition to our recent expansion into Northwest Texas, we …
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The New-Age Time Clock
According to a recent article from the National Retail Federation, a new app allows retailers and other employers to “see” employees as they clock in and out, verifying identities and delivering individual messages. The app, Timesly, is the world’s first …
Read More »Do it Best Corp. Announces New Divisional Merchandising Manager
Do it Best Corp. is strengthening its Merchandising team with the addition of Nick Talarico as a Divisional Manager, effective Aug. 1. As Divisional Manager, Talarico will oversee the hand tools, plumbing, cleaning, housewares and InCom departments within Merchandising. He …
Read More »Lifetime Brands Reports Sales Surge
Lifetime Brands, owner of housewares brands including Farberware and KitchenAid, reported Q2 sales of $115.3 million, up 18.9 percent from a year ago. So far this year, the company has acquired U.K.-based Kitchen Craft and La Cafetiere, as well as …
Read More »Ace Files Emergency Injunction Against TIM-BR MART
According to NRHA Canada and our Hardlines partners, Ace Hardware has filed an emergency injunction against its Canadian partner, TIM-BR MART Group, through TIM-BR MART’s parent company, TBM Holdco Ltd. According to the report, the injunction centers around the licensing agreement …
Read More »Pending Home Sales Slowed in June
After three consecutive months of solid gains, pending home sales slowed modestly in June, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 1.1 percent to 102.7 in June …
Read More »Klein Tools Announces Executive Leadership Transitions
Klein Tools announced today that Mathias Klein III (Mat) will retire as chairman of the board in June, 2015, but will continue to serve on the company’s board of directors. This marks a 46 year career with Klein Tools for Mat. …
Read More »Manufacturing Activity Grows in July
Economic activity in the manufacturing sector expanded in July for the 14th consecutive month, and the overall economy grew for the 62nd consecutive month, according to the latest Manufacturing ISM Report. The report, issued today by Bradley J. Holcomb, CPSM, …
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