News

As of April 13, True Value Co. has received the retailer votes it needs to sell to a private investment firm, but the co-op is extending its member voting deadline to April 20. The company announced March 15 that it agreed to …

Recent data breaches have rocked big-box retailers and other large companies, but experts warn businesses of all sizes are at risk from cyberattacks. The Star Tribune reports that [24]7.ai, the company that runs Best Buy’s online chat services, recently suffered a …

Amazon is experimenting  with a change to Amazon Home Services, its division that connects customers with local home improvement professionals and other service providers. The change is currently a housekeeping pilot project in Seattle, but could indicate a transition in …

John H. Mize, executive chairman and chairman of the board of Blish-Mize Company, plans to retire from active management May 30, after 56 years on the job. “I look back on our almost-150-year history and feel gratitude to so many …

Westlake Ace Hardware CEO Tom Knox has retired, and Joe Jeffries, who was president and chief operating officer, has replaced him in the role. Westlake is a 121-store chain that is corporately owned by the Ace Hardware cooperative, which bought …

Big-box retailer Walmart is in early discussions with health insurer Humana “about developing closer ties,” including new partnerships and a possible acquisition of Humana, according to a report from Reuters. This news comes shortly after other U.S. retailers and health …

Trends in home renovations have contributed to recent growth in the number of new retail jobs in the U.S., the Chicago Tribune reports. “Building-material stores hired more than 10,000 workers in February to keep up with booming demand,” the news …

Mike Altendorf, vice president of information technology for Do it Best Corp., is retiring after  working more than 30 years in the independent home improvement industry. Altendorf joined Do it Best Corp. in 2009 as director of IT business planning …