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The Merit Distribution Group LLC announced the promotion of its current president, Geff Lynch, to CEO. Lynch will now be responsible for all aspects of Lancaster’s paint sundry distribution operation and the EJ Welch flooring businesses. A 38-year plus industry …

Bernard “Bernie” Marcus, the co-founder of The Home Depot, died Monday at the age of 95. According to a news release from Home Depot, Marcus was the son of Russian Jewish immigrants and grew up in a tenement in Newark, …

On Monday, Nov. 4, True Value sent a notification to vendors and retailers, stating that it was temporarily suspending its drop ship program to remain focused on primary business during the bankruptcy case and sale to Do it Best. (In …

Ian White will take over from Kevin Macnab as Home Hardware Stores Limited’s new president and CEO, effective Nov. 18. White is a career retailer with over 30 years of experience and a proven history of leading high-performing teams to …

True Value Company and its secured lenders, led by PNC, today reached a major milestone agreement to avoid the liquidation of the 75-year-old Chicago-based distributor in a move that will push the sale to Do it Best forward for now. The …

R.P. Lumber Co. Inc. plans to acquire Guyot Lumber & Hardware, an independently owned retailer of hardware, lumber and building materials in Perryville, Missouri. The transaction, scheduled to close on Nov.1 marks R.P. Lumber’s eighth acquisition this year and its …

Do it Best has hired Curtis Smith as the new executive director of the Do it Best Foundation. In this role, Smith will focus on building the foundation’s impact and presence in the communities it serves. “I’m deeply honored to …

While there is no way to repay the sacrifices made by veterans of the armed forces, the North American Hardware and Paint Association (NHPA) recognizes that not only have these individuals made a lasting impact on their country, but they …