Next Chapters: Explore three business transition strategies for your operation at hardwareretailing.com/business-transition-strategies. Selling an independent family business can be an emotional process, and it can become even more emotional when selling to an outside buyer. Learning where to find an …
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The Worcester Business Journal (WBJ) recently announced that it is recognizing Koopman Lumber, a family-owned and -operated business with 11 locations in Massachusetts, as the “Best Family-Owned Business” in its Best of Business Awards. “This award means a lot to us because we …
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True Value Co. and The Yenkin-Majestic Paint Corp., an Ohio-based manufacturer of coatings and coatings resins, announced they have entered into a definitive agreement under which True Value Co. will acquire Yenkin-Majestic’s consumer paint business, producing architectural coatings for home, …
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What started with one store and one branch of the Fuller family tree has grown into six stores led by the fourth generation of the Fuller family. Fuller & Son Hardware recently celebrated its 100th anniversary with a celebration that …
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Stine Home and Yard has announced Wendy Stine has become the newest president of Stine, LLC. Stine CEO and former president Dennis Stine says he is pleased to see an experienced member of the Stine team take this vital role. …
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Employing family members can be tricky business. To your benefit, common culture, work ethic, trust and loyalty often run strong among family members who work together. However, having relatives on staff or in leadership can also present a challenge. What …
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Retailers working with family know it can be hard to be objective when employing family members. You might have more tolerance with the struggles your own family members face than you would with those of another employee. Addressing issues with …
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For Dan Stroinski, who co-owns D & J Farm and Home in Thorp, Wisconsin, with his wife Jan, being able to guide homeowners toward solutions for their home repair troubles is one of his favorite aspects of being an independent …
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