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Lowe’s CEO Announces Retirement, Succession Plan Underway

lowe's ceo

A big change is coming to the Lowe’s Cos. leadership team—longtime chairman, president and CEO Robert A. Niblock plans to retire. Today, the 25-year veteran of the big-box company announced his retirement, according to a press release from Lowe’s. The ... Read More »

Sears Continues to See Dropping Sales and Revenue

Sears Holdings

Sears Holdings’ year-end financial results for 2017 reflect falling sales and revenue, continuing a pattern of dipping numbers for the retailer. Revenue for the company was $16.7 billion for the year, down from $22.1 billion in 2016, according to the ... Read More »

The Potential Impact of Steel Tariffs

steel tariffs

Earlier this month, the Trump administration imposed tariffs on steel and aluminum imports, with initial exceptions made for imports from Canada and Mexico. President Donald Trump imposed the tariffs at the recommendation of the Secretary of Commerce, citing steel was ... Read More »

Walmart and FedEx Office Join Forces

fedex office

As the competition between Walmart and Amazon continues to intensify, the big-box chain now has a new partner against the e-commerce giant—FedEx Office. Walmart and FedEx have tested a store-within-a-store concept in about 50 locations across North Carolina, South Carolina, ... Read More »

Thanking Young Retailer of the Year Sponsors

young retailer of the year

Thank You to 2018 Young Retailer of the Year Sponsors Each year, the North American Retail Hardware Association (NRHA) aims to identify and promote the next generation of independent hardware leaders through the Young Retailer of the Year program. For ... Read More »

Hardware Manufacturer Representative Saleslink Acquires Group MW

saleslink

Saleslink, an organization that represents hardware manufacturers, has announced it is acquiring a similar organization, Group MW, effective April 1. Both organizations provide sales and marketing expertise for suppliers of consumer products to wholesalers and retailers, including brick-and-mortar and e-commerce ... Read More »

PRO Group to Host Group Merchandising Conference

Group Merchandising Conference

Manufacturers will meet with PRO Group member distributors in June at the annual Group Merchandising Conference. The event’s focus is on developing new business relationships and strengthening existing partnerships, according to PRO Group. The event is June 18-20, 2018, at the ... Read More »

Hit the Road With Renee: Businesses Along Mississippi River Show Strength

great american river road trip

Last week, I was given the chance to join Independent We Stand on the Great American River Road Trip as a representative for the North American Retail Hardware Association (NRHA). We visited independent businesses along the Mississippi River to see how ... Read More »