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Menards Founder Is Wealthiest Person in Wisconsin

menards

Menards founder John Menard Jr. is the wealthiest person in the state of Wisconsin, according to the Milwaukee Sentinel Journal. The newspaper reports that Menard’s net worth is $9.9 billion according to Forbes’ list of the 400 richest people in America. Eau Claire, Wisconsin, ... Read More »

Do it Best Fall Market Focuses on LBM, Connectedness

do it best

The 2017 Do it Best Fall Market kicked off Friday, Oct. 13 in Indianapolis with a refreshed focus on lumber and building materials and a program to help retailers be successful in the expanding smart home market. The Fort Wayne, Indiana-based co-op ... Read More »

True Value Exec: New Marketing Program Is Flexible and Locally Focused

marketing program

Independent retailers have a variety of tools they can use to encourage customers to visit their businesses. In some communities, taking out an ad in the local newspaper or a radio spot is the best way to market their business. ... Read More »

Ace Hardware Buys E-Commerce Company

Grommet

Ace Hardware Corp. announced Tuesday that it has purchased the majority stake in e-commerce startup The Grommet. The Grommet operates an e-commerce website that markets and sells new and innovative products created by independent entrepreneurs, also known as makers, according to Ace. The Grommet has ... Read More »

GOP Proposes Tax Reform Bill, Drops Health Care

tax reform

Republican leaders in Congress proposed a plan Wednesday to reform the U.S. tax code, The New York Times reports. According to the newspaper, the GOP tax reform plan calls for reduced taxes for the wealthy, the middle class and businesses and preserves ... Read More »

True Value Fall Reunion Pushes Retailers to ‘Act Now’

True Value Fall Reunion

As retailers begin planning ahead for their busy spring selling season, those attending the True Value Fall Reunion were also encouraged to think in the moment. The buying show, which the co-op hosted in Chicago at McCormick Place, ran Sept. ... Read More »

Ace CEO: Hurricanes, Plans and an ‘Incredibly Good Enemy’

Ace Hardware

Ace Hardware’s president and CEO, John Venhuizen, recently sat down with Hardware Retailing for an interview. He discussed weather events that have impacted Ace retailers, strategies for competing with “an incredibly good enemy” in Amazon and the co-op’s opportunities and plans for growth. ... Read More »

Deals, Demonstrations Take Center Stage at Blish-Mize Fall Buying Market

More deals, more options and more interaction were all in the spotlight at the Blish-Mize Fall Buying Market, held Sept. 15-16 at the Overland Park Convention Center in Overland Park, Kansas. Retailers attended the two-day event to prepare for the upcoming ... Read More »