In 1924, when four Chicago-area hardware retailers decided to combine their individual buying power to get better deals from suppliers, there was no way they could know their idea would grow into the home improvement industry’s largest distribution operation. That’s …
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Hot Commodities: Five Ways to Cope with Fluctuating Raw Material Costs
Most retailers know there are just some things beyond their control. For those heavily selling building materials and lumber, constant changes in commodities pricing are almost always at the top of that list of variables. Between slowed domestic new-home construction …
Read More »Do You Have A Health Care Game Plan?
Health care is a big topic on every retailer’s mind right now, especially as more elements of the Affordable Care Act (ACA) come to fruition. The ACA comes with plenty of questions: What, in the way of insurance, is a …
Read More »Retailers Tap into Sweet Sales
Two retailers recently teamed up with nearby nature centers to help some of their youngest customers tap into a local hobby: maple sugaring. Staff at Keough’s Do it Best Paint & Hardware in Connecticut and Orme Do it Best Hardware …
Read More »Small Businesses Anticipate Breakout Year Ahead
Entrepreneur Bill Brown had scaled back his San Jose, Calif., construction firm as demand for new Silicon Valley homes and offices dried up in recent years, cutting his staff by two-thirds, to 50 by late 2011. But over the course …
Read More »Blish-Mize Announces New CEO
Blish-Mize Co. of Atchison, Kan appointed Jonathan D. Mize as Chief Executive Officer, succeeding his father, John H. Mize. “I’m excited and honored to be appointed Chief Executive Officer & President of our company,” says Jonathan. “Under my father’s leadership …
Read More »Germany Plays Host to Industry Innovation Awards
If you’re looking for that little something different to make your operation stand out, the International Hardware Fair in Cologne, Germany, may have just what you’re looking for. As home to the ‘EISEN Innovation Awards, the International Hardware Fair showcases …
Read More »Mortgage Rates Won’t Derail 2014 Housing Market
Home prices are rising, and so are mortgage rates, making it tough for would-be buyers, particularly first-time purchasers, to close a deal on a new place. Meanwhile, the looming threats of new mortgage rules and pending housing-finance reform are adding …
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