News

Home Hardware’s Board of Directors announced that Terry Davis, Executive Vice-President and Chief Operating Officer of Home Hardware Stores Limited, will become the new Chief Executive Officer, effective May 1, 2014. Davis succeeds current President and Chief Executive Officer, Paul Straus, who remains …

Ace Hardware Corporation recently recognized Les Orchekowsky of Sierra Vista, Ariz., with Ace’s first-ever Ray A. Griffith Retail Leadership Award. Named after Ace’s former CEO Ray A. Griffith who retired in March 2013, the award will be given annually to …

The Consumer Product Safety Commission (CPSC) published a recall of Ace Hardware’s Ace Clamp-On LED Work Lights due to a potential electric shock and fire hazard. According to the CPSC report, the cord bushing inside the light base could fail, allowing the cord …

Zone pricing at the big boxes continues to be one of the biggest challenges for independent retailers in terms of determining a profitable pricing strategy that will work for their stores. The motivations behind why the big boxes are opting …

Home prices continued to show solid growth in most of the U.S. due to limited inventory conditions, but rising prices and severe winter weather caused existing-home sales to slip in February, according to the National Association of Realtors®. Total existing-home sales declined 0.4 …

PRO Group announced the election of Chris Beach and Laurence Meadows to the organization’s Board of Directors. Beach currently serves as president, CEO and chairman of the board of the Bostwick-Braun Company, where he started his career in the company’s Industrial …

Wondering what colors you’ll be mixing this year? The Pantone Color Institute® can help you stay ahead of the curve by keeping you informed of what colors will be popular in 2014. Each year, Pantone looks at colors all over …

Eight home improvement retailers were recently named “Young Retailer of the Year” for 2014 by the North American Retail Hardware Association (NRHA). The national recognition program, now in its 18th year, identifies and promotes the next generation of aspiring independent …