By Curtis Gillman A 2021 Harvard Business Review study found that only 30% of family businesses successfully transition to the second generation, 12% make it to the third and just 3% survive into the fourth generation or beyond. Most of …
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It is not an easy topic to talk about, but one every single operation will have to address at some point: succession planning. The independent home improvement retailing channel, and independent small businesses as a whole, are undergoing a massive …
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Celebrating its 20th year honoring trailblazing retailers in the channel, the North American Hardware and Paint Association (NHPA) has named its 2026 Top Guns Awards honorees, including Denise Brookhouse, CEO of Koopman Lumber, which is based in the Northeast. “Top …
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Bliffert Lumber announced a leadership transition, marking a new chapter in its 120-year history, naming Josh Brown CEO and president and appointing Jay Walsh as COO. Longtime leader Eli Bliffert will transition from his role as CEO and president to …
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Known for its exceptional customer service, retail excellence and leadership, Lee Hardware & Building Supply is a beloved establishment with two locations in Waycross and Lakeland, Georgia. Operated by third-generation owner, Heather Lee Bruner, Lee Hardware embodies the values of …
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By Brian Young Founder, Laoch Consulting Three years ago, I experienced a moment that left an indelible mark on me. I was sitting with my friend of over 20 years. He had poured his life into his hardware store for …
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As another outlet for promoting growth and the success of the True Value brand, the company has started the process of owning and operating retail stores. True Value purchased its first store in Palatine, Illinois, in March 2024. Eric Lane, …
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Hillman Solutions Group announced that Jon Michael Adinolfi, Hillman’s current chief operating officer, will transition to the role of president and chief executive officer and Doug Cahill, Hillman’s current chairman, president and chief executive officer, will transition to the role …
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