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Tag Archives: co-op

Orchard Supply Asks Judge For Up to $3.1 Million in Bonuses

Orchard Supply Hardware

Orchard Supply Hardware has asked a judge to approve up to $3.125 million in bonus payments to keep top executives in their jobs while the company is being sold off to the highest bidder, according to the Silicon Valley Business Journal. ... Read More »

Orchard Supply Files for Chapter 11 Bankruptcy; Lowe’s Agrees to Buy Assets

Orchard Supply Hardware

Lowe’s has agreed to buy Orchard Supply Hardware for approximately $205 million on the same day Orchard Supply filed a petition for Chapter 11 bankruptcy. The purchase agreement would enable Lowe’s to expand through a new store format and reach ... Read More »

True Value Launches Discover Credit Card Program

True Value recently introduced the True Value Discover® credit card program for True Value retailers and customers in the United States. The program connects retailers to consumers with new offerings that pass financial benefits and incentives along to the consumer ... Read More »

Ace Elects Two New Board Members, Extends Chairman’s Term

Ace Hardware appointed two new member directors to its Board of Directors and extended its chairman’s term by one year. At the retailer-owned cooperative’s annual shareholders meeting June 11, Ace Hardware elected two new member directors: Stew Elliott Jr., of ... Read More »

Jesse Loucks: 2013 Young Retailer of the Year

Jesse Loucks - Feature

To watch the full video, click here. Loucks’s determination to assess store needs and give customers what they want drove him to enhance the store’s sporting goods section, streamline the rental center and add an ammo section. His vision and ... Read More »

J.D. Power & Associates Ranks Ace Highest in Customer Satisfaction

For a seventh consecutive year, Ace Hardware ranks highest in satisfying home improvement retail store customers, according to the J.D. Power & Associates 2013 Home Improvement Retailer Satisfaction Study. Ace Hardware achieved a score of 803 on a 1,000-point scale ... Read More »

Hardlines Inc. Takes Over Outstanding Retailer Awards Program

Canada’s premier awards program for home improvement retailers has a new home. The Outstanding Retailer Awards (ORAs) are now owned and managed by Hardlines Inc. Hardlines, which publishes the quarterly hardware/home improvement trade magazine Hardlines Home Improvement Quarterly (HHIQ) and ... Read More »

Indianapolis Retailer to Discuss Competitive Pricing on Upcoming MSNBC TV Show

Independent home improvement retailer Keith Payne will be featured in an upcoming episode of MSNBC’s weekly “Your Business” TV show. Payne, owner of Indianapolis-based North Meridian Hardware, will appear in a segment scheduled to air later this year. “North Meridian ... Read More »