News

Banner Solutions, a national wholesaler of security opening hardware products—backed by private equity firm High Road Capital Partners—recently announced its strategic acquisition of Berg Wholesale, an Oregon-based distributor of door and bath hardware. “Berg’s reputation for a deep inventory of …

Silver Canyon Group, a San Diego-based private equity investment firm, has formed Fulcrum Building Group to acquire a majority interest in South Bay Lumber of Santa Rosa Beach, Florida, and Navarre Lumber of Navarre, Florida. South Bay and Navarre have …

Sears employees were unable to complete home deliveries, service appointments or accept noncash payments at its stores for three days in late June, Business Insider reports. In addition, shoppers could not make returns, pick up online orders or access their …

Lowe’s has announced plans to construct a global technology hub in Charlotte, North Carolina, the company confirms. The company says that, once complete, the center will employ approximately 2,000 information technology (IT) workers to help “accelerate the … company’s technology …

New webinars from North American Retail Hardware Association (NRHA) business services partner Pointy can help you strengthen your online presence and bring new customers through the doors. By connecting to your barcode scanner and POS system, Pointy technology captures each …

As the year hits its midpoint, independent retailers gathering at the United Hardware Fall and Winter Dealer Market gave reports of solid sales in the first and second quarters. At the market, held June 28-30 at the Minneapolis Convention Center, …

Do it Best has named four senior leaders to new roles on its lumber and building materials (LBM) team to better position the division for continued growth and provide an even higher level of service to its co-op members.   …