Meagan McCoy Jones has been named president and CEO of McCoy’s Building Supply and assumes her position on June 1, 2022. Jones will be responsible for overseeing the company headquartered in San Marcos, Texas. Jones succeeds her father, Brian McCoy, …
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York Wallcoverings Acquired by Industrial Opportunities Partners
The largest and oldest wallcoverings producer in North America, York Wallcoverings, has been acquired by Industrial Opportunities Partners (IOP) and will join Brewster Home Fashions LLC and Fine Decor LTD under the umbrella of a new entity, The Bersham Group. …
Read More »Back-to-School Trends for 2022
According to the National Retail Federation’s Annual 2021 Back-to-School Survey, 51 percent of K-12 and college shoppers begin shopping for the items they need as early as July. Make the grade by taking note of trending back-to-school items and the …
Read More »Ace Hardware Sees Record-Breaking Q1 2022
With revenues of $2.2 billion, Ace Hardware recorded another record-breaking quarter in Q1 2022. Revenues in the first quarter of 2022 were up 8.9 percent, on top of last year’s increase of 42 percent. The company also posted a record …
Read More »Spectrum Paint Management Training Program Builds Leaders
Established in 1986, Spectrum Paint is the largest independent paint dealer in the U.S. and operates over 80 retail stores in nine states. As the company grew quickly, it had to evolve and flex to fill roles throughout the country …
Read More »Q1 2022 Financials Round-Up
Several major big-box retailers and manufacturers recently released their Q1 2022 financials; here’s a look at how each performed in the first quarter of this year. The Home Depot The Home Depot reported $38.9 billion in sales for the first …
Read More »Renee on the Road Takes on the Big Apple
Staff members with the North American Hardware and Paint Association (NHPA) are excited to head out on another journey to visit independent hardware and paint retailers in New York City with Renee on the Road. The association’s trip to the Big …
Read More »J.D. Power Releases 2022 U.S. Home Improvement Retailer Satisfaction Study
J.D. Power recently released its 2022 U.S. Home Improvement Retailer Satisfaction StudySM, which measures customer satisfaction through five factors: staff and service, in-store experience, merchandise, online experience and price. Despite supply chain challenges and other COVID-19-related issues, the study shows …
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