House-Hasson Hardware has added sales staff in Pennsylvania, Florida and Louisiana to serve the company’s existing retailers and grow its business in those states. The regional distributor is looking to strengthen its current customers and its presence in areas where it already …
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Expert Q&A: The State of the Housing Market
Kermit Baker is a senior research fellow at the Joint Center for Housing at Harvard University and the project director of the Remodeling Futures Program. The goal of this program is to develop an improved understanding of the dynamics of the U.S. …
Read More »How Business Issues Fared in the General Election
You know the results of the heated presidential election, but have you checked in on how various states voted on business issues? Four states approved minimum wage increases in November’s general election, and South Dakota residents voted down a decrease …
Read More »Lowe’s Goal: Triple Ace Hardware’s Canada Presence
Lowe’s Canada has plans for expansion that include growing the Canadian company RONA and roughly tripling Ace Hardware’s store count. In May, Lowe’s finalized its purchase of home improvement chain RONA and this month released more information about its plans for the acquisition. Through its purchase of RONA, Lowe’s …
Read More »Ace Hardware Exec Rick Whitson to Retire
Rick Whitson, vice president of distribution, will retire Dec. 31 from Ace Hardware Corp. after 37 years with the company. Whitson has a long history of contributions to the co-op’s retail support area. During his career, he directed the operational startup of the …
Read More »Stanley to Sell Mechanical Security Business in $725M Deal
Stanley Black & Decker has entered into an agreement to sell most of its commercial mechanical security business, according to the company. Swiss company Dormakaba will purchase Stanley’s commercial mechanical security brands Best Access, phi Precision and GMT for $725 million …
Read More »Ace Hardware Collaborating With The Grommet
This month, Ace Hardware and The Grommet announced a collaboration that brings innovations of local makers into Ace Hardware retail stores. The Grommet, a product-launching platform for innovative consumer products, began its partnership with Ace for the holiday season, and it will continue in …
Read More »Q&A: Economist Shares Outlook on 2017
Jack Kleinhenz is chief economist for the National Retail Federation (NRF), the world’s largest retail trade association. Formerly with the Federal Reserve Bank of Cleveland, Kleinhenz is a contributing forecaster to The Wall Street Journal, CNBC, Federal Reserve Bank of …
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