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Tag Archives: manufacturer

Stanley Buying Craftsman Tool Business in $900M Deal

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Stanley Black & Decker is buying Sears’ iconic Craftsman tool brand in a deal valued at about $900 million. With the acquisition, which the manufacturer announced Thursday, Stanley will own the rights to develop, make and sell Craftsman products. The deal is expected to close this year. ... Read More »

Stanley to Sell Mechanical Security Business in $725M Deal

Stanley Black & Decker

Stanley Black & Decker has entered into an agreement to sell most of its commercial mechanical security business, according to the company. Swiss company Dormakaba will purchase Stanley’s commercial mechanical security brands Best Access, phi Precision and GMT for $725 million ... Read More »

NRHA State of Independents Conference Unites Industry

State of Independents Conference

Retailers, distributors and manufacturers who attended the North American Retail Hardware Association’s (NRHA) second annual State of Independents Conference now have a detailed understanding of the performance and direction of the independent home improvement industry. The one-day conference, sponsored by ... Read More »

STIHL Donates $100,000 for New Leadership Training Program

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The North American Retail Hardware Association (NRHA) and STIHL Inc. have announced an exclusive partnership for developing the leadership skills of the next generation of independent home improvement retailers. The organizations made the announcement Dec. 8 at the NRHA State of Independents ... Read More »