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Tag Archives: slider

CNRG Buying 7 Washington Hardware Stores

CNRG

Central Network Retail Group (CNRG), a multiformat, multibrand retailer that operates stores in 11 states, is buying McLendon Hardware. The fourth generation of the McLendon family currently owns McLendon Hardware, which has seven stores in Washington state. CNRG currently operates 90 hardware stores, home …

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4 Retailers Honored as Industry’s Young Guns for 2017

Young Guns

Every year, the North American Retail Hardware Association (NRHA), Hardware Retailing magazine and the National Hardware Show® honor the industry’s leaders in the Top Guns program. To take a new spin on this year’s program, the association and the magazine …

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If Sears Goes Bankrupt, Will Stanley Lose Craftsman?

Sears Brand

Sears Holdings Corp. has acknowledged “substantial doubt” in its ability to stay out of bankruptcy, which may kill recent sales of its businesses, such as Craftsman. The struggling retailer released its annual report on Tuesday, and the news was dismal. Based on information from …

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True Value Releases 2016 Year-End Results

true value fall reunion

True Value Company today released its year-end results for fiscal 2016, which included increases in gross billings, retail comp-store sales, net margin and more. The co-op reported total gross billings of $2,073.7 million for the fiscal year ending Dec. 31, up 2 percent. …

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Home Depot to Pay Another $25M in Data Breach Settlement

data breach

Home Depot is adding a $25 million settlement with banks and credit card companies to its rising data breach costs, which are nearing $200 million total. In September 2014, the retailer confirmed the massive data breach, which exposed payment card information from more than 50 million customers. …

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