Armando and Ita Reyes are a great example of an entrepreneurial-minded, hardworking couple with a strong family bond. The couple owns and operates Carpenter Bros. Hardware & Rental in Ann Arbor, Michigan, which they bought in 2008. Beyond hardware, the …
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Financial reports from big-box retailers provide insight into what the world’s top retail executives are worth in dollars. For example, Walmart’s sales outpace Home Depot’s and Lowe’s sales by hundreds of billions of dollars, but CEO Doug McMillon’s base salary matches what …
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Since the mid-1990s, Amazon.com has evolved from an online bookstore to the e-commerce giant that has in many ways forced brick-and-mortar businesses to change the way they do business in the U.S. Additionally, Amazon has found its footing globally, establishing a presence in several countries …
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Frank Carroll, vice president of merchandising for Ace Hardware Corp., is leaving the cooperative to become CEO of manufacturer Broan-NuTone. Carroll has worked for Ace since 2013, when he joined the company in the position of general merchandise manager. Carroll’s …
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The National Retail Federation (NRF) released data late last month projecting Mother’s Day spending to reach a record $23.6 billion. NRF partnered with Prosper Insights & Analytics to conduct its annual survey of Mother’s Day shoppers, discovering the 14-year record …
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Independent We Stand, a movement committed to strengthening small businesses throughout the country, recently completed its annual road trip in celebration of locally owned businesses. During the road trips, Independent We Stand travels to five cities in five states in five days, visiting …
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The National Hardware Show® today announced the top 10 finalists for the first Reimagine Retail program, which will award $100,000 to an independent home improvement retailer to invest in a business improvement project. More than 100 retailers submitted plans to improve …
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Hardware Distribution Warehouses, Inc. (HDW) has announced its purchase of a 670,000-square-foot facility in Marshall, Texas, that will serve as the company’s new corporate headquarters. The company will also consolidate its Houston and Shreveport, Louisiana, distribution centers in the new location, in addition to moving its …
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