As of Aug. 1, retailers are no longer allowed to sell incandescent lightbulbs under new energy efficiency rules enacted by the U.S. Department of Energy (DOE). Light-emitting diode (LED) lightbulbs will fully replace the incandescent versions, though many consumers have …
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The Aubuchon Co. Acquires J.B. Hostetter & Sons
Jack and Kent Hostetter have agreed to sell J.B. Hostetter & Sons in Mount Joy, Pennsylvania, to The Aubuchon Co., the oldest and largest family-owned hardware store chain in America. Following the closing later this year, The Aubuchon Co. will …
Read More »R.P. Lumber Acquires Wright Building Center, Expands to 82 Locations
Family-owned hardware and building materials R.P. Lumber announced that it has acquired the Sparta, Illinois, location of Wright Building Center, a long-time industry presence in southwestern Illinois. The new location expands the operation’s location count to 82 with 56 locations …
Read More »The Future Shines Bright With Young Retailers of the Year
Young Retailer of the Year honorees were recognized at a reception as part of the 2023 NHPA Independents Conference. The Young Retailer of the Year awards highlight the next generation of aspiring independent home improvement and paint retailers and recognize …
Read More »Do it Best Awards Scholarship to Summer Internship Participant
On Friday, July 29, Do it Best concluded its 2023 Level Up Summer Internship Program by awarding a $1,000 scholarship to program participant and Taylor University student Grace Lee. The Level Up Summer Internship Program provides students with opportunities to …
Read More »Senate to Vote on Credit Card Swipe Fees Bill
The Merchants Payments Coalition welcomed the announcement by Senator Roger Marshall, R-Kan., that the Senate plans to vote on the Credit Card Competition Act (CCCA), a bill that will reduce swipe fees. “Today, we were given assurances that the Credit …
Read More »3 Resources to Counter Organized Retail Crime
Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-sized businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …
Read More »A New View: Meyer Ace Hardware Uncovers Historic Windows
Covered up for over three decades, a set of historic windows at Meyer Ace Hardware in Petoskey, Michigan, are opening up a new view. Co-owner Matt Meyer says the windows were boarded over during the 1970s energy crisis because they …
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