Central Network Retail Group (CNRG), the multiformat, multibrand retailer which operates 109 hardware stores, home centers and lumberyards in 15 states, will purchase H&M Lumber in West Helena, Arkansas.
The West Helena store currently offers a full assortment of building materials, hardware, plumbing, electrical, and paint as well as a drive-through lumber yard.
H&M Lumber will be rebranded and operate as the 24th store in the Home Hardware Center brand, which is headquartered in Natchez, Mississippi.
“I am excited about the future of this store with CNRG and Home Hardware Center serving east Arkansas and West Mississippi,” says Walter Morris, current owner and operator of the business. “Home Hardware Center and H&M are a great fit. We both have the same ideas and standards when it comes to how we treat our employees and customers, the same standards that the Hornor and Morris families have valued since my father and uncles started the business in 1961. I am comfortable knowing this business will continue to successfully support the community for many more years.”
CNRG executives say they welcome new possibilities from the purchase and the chance to continue serving the West Helena community.
“H&M has built a great business with an outstanding team. We are proud to have the opportunity to welcome this location and all of the team members in West Helena to Home Hardware,” says Raymond White, CNRG senior vice president of operations.
“CNRG is always seeking growth opportunities and we are excited to have our first store in Arkansas,” says John Sieggreen, CNRG president. “Home Hardware Center is our oldest and one of our top-performing brands; Home Hardware Center will benefit from partnering with a first-class operation like H&M.”