Stanley Black & Decker has entered into an agreement to sell most of its commercial mechanical security business, according to the company. Swiss company Dormakaba will purchase Stanley’s commercial mechanical security brands Best Access, phi Precision and GMT for $725 million …
Read More »Melanie Moul
House-Hasson Advisory Group Recommends Dealer Market Changes
An advisory group made up of some of House-Hasson Hardware’s largest or oldest customers developed four significant changes for future House-Hasson dealer markets at a pre-market meeting in October. The advisory group meets at least annually to share with House-Hasson leaders …
Read More »Top 10 Holiday-Quarter Revenue Earners Include Home Depot, Lowe’s
Home Depot and Lowe’s are projected to be among the top 10 holiday-quarter revenue earners, according to analysis by USA Today. Analysts based predictions on data from S&P Global Market Intelligence and project that 10 retailers will take 66.7 percent of all holiday-quarter …
Read More »New Law Allows Small Businesses to Offer Health Benefit
Small business owners in the U.S. can now get and give a new employee benefit, courtesy of a bill the president signed into law this week. Starting Jan. 1, the new law will allow companies that employ fewer than 50 full-time …
Read More »3 Ways to Bring In Holiday Shoppers
There are just a few shopping days left before Christmas. Want to bring those-last minutes shoppers into your store? Here are three ideas to try: Gift Sets People love prepackaged gifts around the holidays, as they make good host gifts …
Read More »Gatlinburg Hardware Store Still Stands After Wildfire’s Devastation
A wildfire tore through Gatlinburg, Tennessee, burning thousands of buildings and killing 14 people—but leaving Ace Hardware of Gatlinburg behind. The fire started south of Gatlinburg on Nov. 23 and burned through the popular vacation city on Monday, Nov. 28. That …
Read More »Amazon Go Lets Consumers Skip Checkout
Amazon Go, the latest brick-and-mortar venture from the online retailer, allows consumers to take products from the shelves and skip the checkout. Called the “Just Walk Out” shopping experience, Amazon Go is modeled after technology found in self-driving cars, like computer …
Read More »Thanksgiving Weekend Shopping Up From 2015
This Thanksgiving weekend, retailers saw an increase in consumer traffic from last year. However, individual shoppers scouring for deals spent less than the year before. An estimated 154 million consumers shopped over the holiday weekend. That number is up from 151 million in 2015, according …
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