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CNRG Buys 28-Unit Marvin’s Building Centers

In a move that will increase its retail store count by more than 30 percent, Central Network Retail Group, LLC (CNRG) has acquired Marvin’s, an Alabama-based home center chain. Marvin’s operates 28 home center locations throughout Alabama, Mississippi, Georgia, and …

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Lowe’s Moves to Manhattan

Consumers are moving back to large metropolitan areas, and big-box retailers are scrambling to join them. Lowe’s is next in line, with two new stores planned for New York City. In less than two weeks, Lowe’s will open a store on the corner …

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Taylor to Retire as Do it Best Corp. President and CEO

Do it Best Corp. has announced that current president and CEO Bob Taylor will retire effective Jan. 4, and Dan Starr, the co-op’s current executive vice president and chief operating officer, will succeed Taylor in the position. Taylor has spent more …

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Spinoff Recruits Independent Stores To Sell Sears Products

A Sears spinoff company is actively recruiting independent hardware stores and lumberyards to open Sears-branded space within their businesses for selling appliances and lawn and garden equipment. The company, Sears Hometown and Outlet Stores, requires that each independent business dedicate at least …

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Lowe’s Canada Grows, Names New VP

Lowe’s Canada, the Toronto-based division of Lowe’s Companies Inc., recently named Gregor Stuart vice president for supply chain. Stuart is joining a team that is looking to expand the big-box retailer’s presence in Canada. He comes to Lowe’s with more than 25 years of …

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Home Depot To Buy Distributor for $1.6B

This week, The Home Depot announced it is buying Interline Brands, a leading national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products. The big-box retail chain is paying about $1.63 billion in cash in a deal expected …

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Do Consumers Know You Are Locally Owned?

While many consumers can recognize an independent home improvement store by its small-town feel and top-notch service, many don’t know a business is locally owned and operated if it uses national branding or has multiple locations. Customers may see a …

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Motivate Millennials in the Workplace

Do you scratch your head when thinking about how to manage your millennial employees better? Do you have a hard time deciphering how to hire and retain workers from the generation at your business? For some suggested solutions, read the following tips from this …

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