Jack and Kent Hostetter have agreed to sell J.B. Hostetter & Sons in Mount Joy, Pennsylvania, to The Aubuchon Co., the oldest and largest family-owned hardware store chain in America. Following the closing later this year, The Aubuchon Co. will …
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R.P. Lumber Acquires Wright Building Center, Expands to 82 Locations
Family-owned hardware and building materials R.P. Lumber announced that it has acquired the Sparta, Illinois, location of Wright Building Center, a long-time industry presence in southwestern Illinois. The new location expands the operation’s location count to 82 with 56 locations …
Read More »The Future Shines Bright With Young Retailers of the Year
Young Retailer of the Year honorees were recognized at a reception as part of the 2023 NHPA Independents Conference. The Young Retailer of the Year awards highlight the next generation of aspiring independent home improvement and paint retailers and recognize …
Read More »Do it Best Awards Scholarship to Summer Internship Participant
On Friday, July 29, Do it Best concluded its 2023 Level Up Summer Internship Program by awarding a $1,000 scholarship to program participant and Taylor University student Grace Lee. The Level Up Summer Internship Program provides students with opportunities to …
Read More »Senate to Vote on Credit Card Swipe Fees Bill
The Merchants Payments Coalition welcomed the announcement by Senator Roger Marshall, R-Kan., that the Senate plans to vote on the Credit Card Competition Act (CCCA), a bill that will reduce swipe fees. “Today, we were given assurances that the Credit …
Read More »3 Resources to Counter Organized Retail Crime
Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-sized businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …
Read More »A New View: Meyer Ace Hardware Uncovers Historic Windows
Covered up for over three decades, a set of historic windows at Meyer Ace Hardware in Petoskey, Michigan, are opening up a new view. Co-owner Matt Meyer says the windows were boarded over during the 1970s energy crisis because they …
Read More »4 Ways to Prepare Your Business for the Future
Taking advantage of the tools at your disposal is the next step in addressing the effects consolidation is having in the industry. Discover solutions to the challenges that need to be addressed in your operation before selling or buying. To …
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