By Roger Bensinger Faced with tough competition from the likes of Amazon and eBay, retailers everywhere are focused on giving people a reason to put down their devices and visit their stores. Naturally, one component of this strategy is to …
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Training Scholarship Recognizes Employee’s Work
A scholarship awarded to Karsten’s Ace Hardware store manager Chad Feucht is paying for half of his tuition for a management training program, while also recognizing Feucht’s potential as an industry leader. Manufacturer Stanley Black & Decker gave Feucht a $6,250 scholarship to attend the …
Read More »House-Hasson Hardware Offers Credit Options
House-Hasson Hardware has rolled out a new program for its independent retailers, allowing them the opportunity to help extend credit lines to their customers. The distributor introduced this program to help remove risks their retailers faced for carrying their customers’ notes …
Read More »Why High-Profit Hardware Stores are so Successful
Overall, hardware stores excelled in 2013. According to North American Retail Hardware Association’s 2014 Cost of Doing Business Study, hardware stores reporting prior-year’s sales saw a 2.54 percent increase in same-store sales growth. As defined in the study, hardware stores …
Read More »Target Lays Off 1,700 Employees from Headquarters
The corporate structure of Target has been shaken this week as the company makes efforts to cut costs. On Tuesday, March 10, Target announced it was laying off 1,700 employees from its Minneapolis headquarters, according to an article in The New-York …
Read More »True Value Raises Funds For Kids’ Education
True Value Company has announced that fall fundraising efforts raised more than $625,000 for two nonprofit organizations that help needy children. Money collected through the Fall Stewardship Campaign will benefit the True Value Foundation and United Way, two organizations working …
Read More »True Value Reunion Focuses on Enhanced Customer Service
True Value is placing an increased focus on helping members improve customer service and announced several initiatives aimed at doing so at the company’s Spring Reunion held in Dallas this past weekend. John Hartmann, True Value President and CEO, spoke …
Read More »NRHA CEO Visits Unique Store During Roundtable Event
Last week, NRHA president and CEO, Bill Lee, hosted the “BIG Group” roundtable, a gathering of retailer CEOs who have been meeting once a year since 1966. During the meetings, retailers share new ideas and discuss current happenings in their businesses. As part …
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