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 …
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Do it Best Announces Curtis Smith as Executive Director of the Do it Best Foundation
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 …
Read More »New NHPA Program Honors Military Veterans Who Have Served Our Country, Channel
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 …
Read More »Nation’s Best Hosts 2nd Annual Women’s Retreat, Expands Attendance by 50%
Nation’s Best hosted its second annual Women’s Leadership Retreat, an event dedicated to fostering leadership development, personal wellness and connection among the company’s female leaders. This year’s retreat saw significant growth, with attendance increasing by 50%, expanding beyond female store …
Read More »True Value RDCs Prepare for Potential Shutdown
The True Value regional distribution centers (RDCs) are preparing for potential layoffs and shutdowns in light of the Chapter 11 bankruptcy and potential Do it Best purchase announcements earlier this month. So far, 11 of the 13 True Value RDCs …
Read More »Judge Shares Concerns With Direction of True Value Bankruptcy Filing
In a transcript obtained by Hardware Retailing from an emergency discovery conference held on October 23, the judge overseeing True Value’s Chapter 11 bankruptcy filing openly stated her concerns about whether True Value has been providing “adequate protection to the …
Read More »2024 Outstanding Retailer Awards Recognize Top Canadian Home Improvement Retailers
Suppliers and retailers from across Canada gathered last night to honor the retail home improvement industry’s best retailers during the 32nd Annual Outstanding Retailer Awards, presented during a gala dinner at the annual Hardlines Conference. The event, held at the …
Read More »Noteworthy LBM Acquisitions This Week
It’s been a busy week for acquisitions for LBM retailers. Carter Lumber announced the acquisition of Townsend Building Supply, a building materials dealer with six locations in southern Alabama and the Florida Panhandle. This acquisition continues Carter Lumber’s plans for …
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