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Delay Likely for Sherwin-Williams’ Purchase of Valspar

Valspar

The Sherwin-Williams Co. announced this week that its deal to buy The Valspar Corp. likely won’t close as soon as planned. When the two U.S. paint companies publicized the purchase agreement in March 2016, they expected the $11.3 billion deal to go ... Read More »

If Sears Goes Bankrupt, Will Stanley Lose Craftsman?

Craftsman

Sears Holdings Corp. has acknowledged “substantial doubt” in its ability to stay out of bankruptcy, which may kill recent sales of its businesses, such as Craftsman. The struggling retailer released its annual report on Tuesday, and the news was dismal. Based on information from ... Read More »

Ace Hardware CEO: In a Retail War, ‘Differentiate or You Die’

When Ace Hardware’s top executive stepped on stage at the start of the co-op’s spring buying show, he had fierce words for fighting competitors: find weakness and “attack it relentlessly.” President and CEO John Venhuizen spoke March 16 to kick ... Read More »

True Value Releases 2016 Year-End Results

year-end results

True Value Company today released its year-end results for fiscal 2016, which included increases in gross billings, retail comp-store sales, net margin and more. The co-op reported total gross billings of $2,073.7 million for the fiscal year ending Dec. 31, up 2 percent. ... Read More »