A few days after Anchorage True Value shared security camera footage of the store’s aisles collapsing during a magnitude-7.1 earthquake on its Facebook page, the video had gone viral and people from around the world were checking in on …
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Canada’s Home Hardware: ‘We’re Not for Sale’
Last week, news broke that Lowe’s came to an agreement to buy Canadian home improvement retailer and distributor RONA Inc. Regardless of that change in ownership, Canadian shoppers can expect one familiar home improvement company to stay Canadian, and that …
Read More »46 Inches of Floodwater Later, Pacific Lumber Still Recovering
The recovery process hasn’t been quick for businesses damaged by heavy flooding in December. Pacific Lumber Co. in Pacific, Missouri, is still working to get back to business as usual after floodwaters rose to 46 inches within the company’s retail showroom …
Read More »Lowe’s Buying Canada’s RONA Inc.
Lowe’s today announced an agreement to buy Canadian home improvement retailer and distributor RONA Inc. in a $2.3 billion deal, dramatically enlarging the U.S. company’s presence in Canada. “The transaction is expected to accelerate Lowe’s growth strategy by significantly expanding …
Read More »Sears Canada Closes Stores, Following Target Canada?
Sears Canada is gearing up to close another round of stores, according to the Globe and Mail. The move by the company appears to be following in the footsteps of Target Canada, which shuttered its operations in the country last spring. According to …
Read More »Military Preps Retailers for Store Ownership
The journey one takes to become an independent retailer is a little different for everyone. Whether one joined their family business after attending college or another decided to pursue a new venture as an entrepreneur, the road to business management …
Read More »Q&A With Dan Starr, New CEO of Do it Best Corp.
On Jan. 4, Dan Starr became the fifth president and CEO of Do it Best Corp., succeeding Bob Taylor, who retired after holding that position for 14 years. Starr sat down with the editors of Hardware Retailing to talk about …
Read More »Walmart Schedules ‘First Mass Closing’ of Stores
Walmart has announced plans to close 269 stores, including 154 locations in the U.S., which marks a change for the company. “It’s the first mass closing,” Walmart expert and journalist Charles Fishman told Hardware Retailing. “I think this isn’t significant financially. It’s significant symbolically.” …
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