Home » Author Archives: Kate Klein

Author Archives: Kate Klein

Long-Term Impact of Tariffs on Canadian Lumber Unclear

Tariffs the U.S. government implemented in late April on Canadian softwood lumber haven’t had a jarring impact on lumber prices in the U.S. so far, according to some American lumberyard owners. U.S. Secretary of Commerce Wilbur Ross explained in an ... Read More »

Ace Hardware Acquires Another Big-Box Executive

Lisa Doyle

Ace Hardware has announced a second big-box home improvement executive hire this week, recruiting Lisa Doyle from Lowe’s to serve as its new head of retail training. Doyle previously was vice president of learning and development at Lowe’s, according to a June 22 statement from ... Read More »

Even More Closures Mean Sears Store Count Will Drop 20 Percent

Sears Holdings

The number of stores Sears Holdings is closing has risen to 265, Business Insider reports June 22. That new total is nearly 20 percent of the 1,405 stores Sears reported it was operating as of Jan. 28, which was the close of the ... Read More »

Former Home Depot Exec Takes VP Post at Ace Hardware

John Sommers

Ace Hardware Corp. has hired former Home Depot executive John Sommers Jr. to serve as the co-op’s vice president of merchandising. Sommers, who starts with Ace on July 10, is a 23-year veteran of Home Depot and has worked in a variety of positions in ... Read More »

Handy Hardware Offers Tennessee Treasures

Handy Hardware has a Tennessee flavor that’s a little bit of MoonPie, museum and typical hardware put together. The Franklin, Tennessee, store is located south of Nashville near a downtown business district that features boutiques, restaurants and high-end chain stores. ... Read More »

Ace Hardware Names New Board Member

board member

Ace Hardware Corp. has named Karen May as a new member of the cooperative’s board of directors. May is executive vice president and chief human resources officer of Mondelēz International Inc., which was formerly Kraft Foods Inc. She has served in a ... Read More »

Target CEO, Other Retail Leaders Take Sides on Border Tax

border adjustment tax

Target CEO Brian Cornell and Home Depot’s founders are among the retail leaders taking opposing sides on a proposed border adjustment tax (BAT) for imported products. If passed, the proposal “imposes a tax on imports while providing a credit for exports,” The New York Times ... Read More »

SBA Chief Is ‘Optimistic About Small Business’

Linda McMahon, new administrator for the U.S. Small Business Administration (SBA), believes entrepreneurship is making a comeback and the SBA can help. “I’m so optimistic about small business in America. I wouldn’t have taken this job if I wasn’t,” McMahon ... Read More »