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Tag Archives: slider

Sears Chairman’s Hedge Fund Wins Bankruptcy Auction

sears

ESL Investments, the hedge fund managed by Sears chairman Edward Lampert, has prevailed in a bankruptcy auction to save Sears from liquidation, according to a report from Reuters. The bid is valued at more than $5.2 billion and is more ... Read More »

Hardware Distribution Warehouses Inc. to Close Distribution Facilities

hardware distribution warehouses

On Jan. 4, Hardware Distribution Warehouses Inc. (HDW) announced the closure of both its warehouses, according to a statement posted to the company’s official website. “As most of you are aware, HDW has been in negotiations in an attempt to ... Read More »

Discounts Run Deep at United Hardware’s January Market

united hardware's january market

Retailers attending the United Hardware January 2019 Buying Market started off the new year in a big way with aggressive buying opportunities and programs from their wholesaler to help build transaction size in their stores. One highlight of the market, ... Read More »

New Vendors and Credit Card Program at January House-Hasson Dealer Market

House-Hasson Dealer Market

At the House-Hasson 2019 Dealer Market, attendees will preview products from more than 700 vendors, a 15 percent increase over last year’s event. Retailer-specific credit cards are also a new feature to this year’s event, which takes place Jan. 10-12 ... Read More »

Lowe’s Plans to Hire More Than 65,000 Workers in 2019

lowe's

Lowe’s has announced plans to hire more than 65,000 employees in 2019. In a press release, the company says the new hiring initiative will enable it to “improve customer service and product availability.” More than 50,000 of these hires will ... Read More »

McCoy’s Names New President, Celebrates Historic Retirement

mccoy's building supply

Meagan McCoy Jones will now serve as president and chief operating officer (COO) of McCoy’s Building Supply, the company has announced. Previously, McCoy Jones served as executive vice president and COO. “Meagan continues to take on more of the leadership ... Read More »

As Retail Wages Rise, Companies Seek Higher Efficiency With Tech

wages

As retailers struggle to fill jobs, a new report from the Associated Press suggests some retailers are raising wages and hoping for more efficient employees. The report says retail workers have seen some of the economy’s best wage gains in ... Read More »

Wewa Ace Hardware Supports Community After Hurricane Michael

Wewa Ace Hardware

When Hurricane Michael first came on the radar in October 2018, Florida residents planned to ride out the category 1 hurricane and then resume their day-to-day lives. Overnight that changed. Michael quickly escalated from a category 1 into a category ... Read More »