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New Products, Services Rolled Out at Do it Best Spring Market

Do it Best

Do it Best Corp. is prepared to offer its retailers any product or service they need. This was evident at the co-op’s spring market, which was held last weekend at the Indiana Convention Center in Indianapolis. The event featured new ... Read More »

Sears Sues a Manufacturer, Loses Different Lawsuit

Sears Holdings

This week, Sears Holdings Corp. filed a lawsuit against one manufacturer and lost a suit brought by a different toolmaker. In a company blog post from May 15, Sears Holdings chairman and CEO Edward Lampert announced that the company would be “taking a ... Read More »

Walmart Invests in E-Commerce With Tech Incubator Store No. 8

Store No. 8

In late March, Walmart announced its latest technology endeavor, Store No. 8, which was established to incubate startup companies, reports Forbes. According to Forbes, it will fund e-commerce startup companies. “We’ll be bringing in entrepreneurs and giving them capital,” says Jet.com ... Read More »

Lowe’s to Buy Texas Distributor for $512M


Lowe’s Companies Inc. announced May 18 that it is buying a Texas distributor in an effort to grow its pro business. The distribution company is Maintenance Supply Headquarters, a supplier of maintenance, repair and operations products for businesses in the multifamily housing industry, according ... Read More »

Target’s Q1 Results: ‘Strong’ in ‘Choppy’ Retail World


Target released its first-quarter financial results Wednesday, citing a comparable sales decline of 1.3 percent over sales in the first quarter of 2016. Target chairman and CEO Brian Cornell says the company performed better than expected in the first three ... Read More »

Ace Hardware’s Income Up, Store Traffic Down in First Quarter

Ace Hardware

Ace Hardware Corp. experienced increases in revenue and net income during the first quarter of 2017, as well as a slight dip in same-store sales. On May 17, the cooperative reported first-quarter 2017 revenue of $1.24 billion, which was an increase of 0.1 ... Read More »

Orgill Wins Community Impact Award


Orgill, Inc. is one of 15 winners of Trade & Industry Development’s 12th Annual Corporate Investment and Community Impact (CiCi) Awards. The awards program celebrates companies and projects that improve communities, revitalize environments and provide jobs. Wholesale distributor Orgill was honored ... Read More »

2017 Young Retailer of the Year: Jason Plummer

Multi-store Retailer R.P. Lumber, Edwardsville, Illinois Vice President Jason Plummer’s commitment to excellence is shown in his dedication to constantly improving and growing R.P. Lumber, one of the largest family-owned hardware and building material dealers in the country.  Plummer is ... Read More »