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2017 Young Retailer of the Year: RJ McDaniel

Under $2 Million in Annual Sales B&B Hardware, Milan, Illinois Vice President/Co-owner RJ started working in the family’s hardware store when he was 15, and he never left. Now, as the fourth generation to step into ownership, he’s been taking …

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2017 Young Retailer of the Year: Joseph Franquinha

Over $2 Million in Annual Sales Crest True Value Hardware and Urban Garden Center, Brooklyn, New York Owner A strong commitment to community and a tireless creative spirit run deep at Crest True Value Hardware and Urban Garden Center. Owner …

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2017 Young Retailer of the Year: Jarrod Haines

Multiple Stores Buchheit, House Springs, Missouri Store Manager When Jarrod Haines joined Buchheit in 2012, it didn’t take long for him to become one of the company’s rising stars. Jarrod already had a solid foundation in the retail hardware industry. …

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2017 Young Retailer of the Year: Jackie Sacks

Over $2 Million in Sales Round Top Merchantile, Round Top, Texas Co-Owner Jackie may have only been looking for a little extra cash when she took a part-time job at Round Top Mercantile. But today, 17 years later, it’s evident …

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Home Depot Reports Q1 Growth

Home Depot

While the retail industry has been facing plenty of road blocks, especially in clothing and department stores, the home improvement industry continues to show strength. The Home Depot’s first quarter 2017 financial results highlight growth and topped analysts’ expectations, according to CNBC. Today, Home …

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Ace’s New Wholesale Chief Talks Mergers, Expansion, ‘Growing Pains’

Ace Hardware

Mark Spanswick, the new president and general manager of Ace Wholesale Holdings, spoke with Hardware Retailing about his nearly three-decade career with Grainger Industrial Supply and his current work of combining Ace Hardware’s wholesale business acquisitions into one growing company. Grainger is a publicly traded, business-to-business supplier. Spanswick …

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CEO: ‘Reality Is a Lot Better Than the Perception’ for Sears

Berkowitz

Sears’ top executive, Edward Lampert, told the Chicago Tribune that public perception is putting his company at a disadvantage when recovering from the financial challenges that have plagued it. “Clearly we have our challenges,” Lampert says in the Chicago Tribune article. “Every time people use the …

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Battle Over Debit Card Swipe Fees Continues

debit card

A debit card swipe fee regulation that has saved business owners more than $40 billion over the past five years may be in danger of being repealed through a recently proposed bill, according to the National Retail Federation (NRF). What is the …

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