To watch the full video, click here. Loucks’s determination to assess store needs and give customers what they want drove him to enhance the store’s sporting goods section, streamline the rental center and add an ammo section. His vision and …
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Sources Say Orchard Supply Considering Bankruptcy Filing
Orchard Supply Hardware Stores Corp., the chain spun off by Eddie Lampert’s Sears Holdings Corp. 17 months ago, is considering a bankruptcy filing as soon as next week, according to a Bloomberg News story. Orchard Supply, based in San Jose, California, said …
Read More »Former NRHA President Frank Greenhaw Dies
Former North American Retail Hardware Association (NRHA) president, Frank Wesley Greenhaw, died June 4 at the age of 89. Greenhaw was elected and served as president of NRHA in 1990.As chief executive of McWhorter-Greenhaw, the longest-running retail store in the …
Read More »Fire Destroys Historic Washington, D.C., Hardware Store
Family-owned and operated Frager’s Hardware, a 93-year-old hardware store in Washington, D.C., burned down Wednesday night after firefighters poured 20,000 gallons of water a minute on the blaze, according to a story in the Washington Post. The fire was first …
Read More »Indianapolis Retailer to Discuss Competitive Pricing on Upcoming MSNBC TV Show
Independent home improvement retailer Keith Payne will be featured in an upcoming episode of MSNBC’s weekly “Your Business” TV show. Payne, owner of Indianapolis-based North Meridian Hardware, will appear in a segment scheduled to air later this year. “North Meridian …
Read More »Friedman’s Home Improvement Names New CEO
Friedman’s Home Improvement, one of the largest locally owned home improvement stores in California, announced it is appointing Barry Friedman as its new CEO and president. The announcement is the result of a long-term succession planning process led by Chairman …
Read More »Handy Hardware Answers Retailer, Vendor Questions
In light of Handy Hardware Wholesale Inc.’s recent announcement of being acquired by a subsidiary of the private equity firm Littlejohn & Co., Hardware Retailing editors spoke with Mickey Schulte, vice president of marketing and purchasing at Handy Hardware, and …
Read More »Employee Relations: A Lesson from “The Godfather”
In the iconic movie “The Godfather,” Al Pacino said, “Keep your friends close, but keep your enemies even closer.” I was recently inspired to put a positive spin on this sentiment when it came to my management philosophy: “Keep your …
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