True Value announced its 2024 Spring Reunion will take place Feb. 2-4 at the Ernest N. Morial Convention Center in New Orleans. The event will highlight several of the key investments True Value has recently made and will be making …
Read More »Melanie Moul
Industry Leader, Former NHPA President and CEO Bill Lee Dies
Industry leader and former North American Hardware and Paint Association (NHPA) president and CEO Bill Lee died Friday, September 29. Lee was a passionate supporter of the independent home improvement retail industry, serving the association for over 20 years before …
Read More »2023 HIRI Summit Keynote Talks Consumer Behavior Trends
Last week, at the 2023 HIRI Summit, keynote speaker Liza Hausman, vice president of industry marketing for Houzz, shared four key focus areas of consumer behavior that retailers can focus on to be sure they are meeting their customers’ needs. …
Read More »FTC Sues Amazon for Illegally Maintaining Monopoly Power
The Federal Trade Commission (FTC) and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online retail and technology company is a monopolist that uses interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The FTC …
Read More »MARSHALLTOWN Acquires Barwalt Tool Co., Expands Presence in the Tile Industry
MARSHALLTOWN, a privately held construction tools and equipment manufacturer, recently announced the acquisition of Barwalt Tool Co., a manufacturer of quality, professional tiling tools and accessories known for its tile spacers and Ultralight Knee Pads. Based in Post Falls, Idaho, …
Read More »E-Commerce Solutions, New Products Are Highlights of Do it Best Fall Market
If there is one word that sums up the weekend at the Do it Best 2023 Fall Market, it’s “new.” The co-op officially launched its e-commerce platform, nearly 100 new vendors featuring thousands of new products lined the market aisles …
Read More »Lowe’s, Toro Announce Strategic Partnership
The Toro Co. and Lowe’s Cos. Inc. announced a strategic retail partnership through which Lowe’s will carry Toro zero-turn riding mowers, walk mowers, portable power equipment and snow blowers in both the gas and rapidly expanding battery categories. The Toro …
Read More »Do it Best Reports $4.8 Billion in Sales for 2023 Fiscal Year
Do it Best reported $4.8 billion in sales for the fiscal year ended June 24, 2023, building on three consecutive years of record growth. Since 2021, the company has welcomed nearly 800 new locations to the cooperative. This year, Do …
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