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Promoting the Value of a First Job to Potential Employees

Finding quality employees who stay long term and have the potential to become a next-generation store leader is a concern independent home improvement retailers express to the North American Retail Hardware Association (NRHA). Recruiting members of Generation Z—who are the …

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Executive Planning Conference Scheduled for November

Executive Planning Conference

Manufacturers and distributors will gather this fall in order to discuss new business relationships and strengthen existing partnerships. Distribution America and PRO Group-affiliated distributors will connect with manufacturers Nov. 14-16 at the JW Marriott Marco Island Beach Resort in Florida for the annual Executive …

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J.C. Penney Financial Exec Steps Down

J.C. Penney

J.C. Penney announced Monday that its executive vice president and chief financial officer, Edward Record, would vacate his position effective July 11 “to pursue other interests,” according to the company. Record joined the apparel and home goods retailer in March …

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Fred Whyte, Former President of STIHL Inc., Dies at 70

Fred Whyte

Fred Whyte, power tool icon and former president of STIHL Inc., died on July 7 surrounded by family and friends at his Virginia Beach, Virginia, home. The “Man of STIHL” was 70 years old. Originally from Vancouver, British Columbia, Whyte began …

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House-Hasson Market Brings in New Vendors, Younger Faces

House-Hasson

The House-Hasson Hardware Summer Dealer Market in June drew new vendors and younger retailers. Vendor participation at the regional distributor’s buying show, which took place June 15-17 in Sevierville, Tennessee, was up about 15 percent year over year, House-Hasson officials say. An …

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Home Depot Buys Power Equipment Company for $265M

The Home Depot has announced an agreement to purchase Compact Power Equipment Inc., a national provider of equipment rental and maintenance services, for $265 million in cash. The transaction, which Home Depot confirmed July 6, is expected to close by the …

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