Big-box retailer Home Depot has announced plans to acquire HD Supply Holdings Inc., a leading national distributor of maintenance, repair and operations (MRO) products. The acquisition is expected to position Home Depot as a lead supplier of MRO products, the …
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US LBM to Be Acquired by Bain Capital
Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …
Read More »3 Outdoor Power Equipment Trends to Follow
Market research firm The Farnsworth Group has delved into the consumer trends shaping the outdoor power equipment marketplace. The firm recently completed a public industry study among more than 600 DIYers who had recently purchased or plan to purchase outdoor …
Read More »Ace Hardware and Emery Jensen Aim for Virtual Shows in Spring
Ace Hardware and Emery Jensen have announced they will proceed with a digital convention in the spring of 2021. Ace’s 2021 Spring Convention was originally slated to take place in person in Dallas. In March, Ace Hardware was one of …
Read More »Walmart U.S. CEO on Meeting New Shopper Needs
The National Retail Federation (NRF) recently hosted a webinar with Walmart U.S. president and CEO John Furner to learn how the company had pivoted during COVID-19 to ensure staff and shopper safety. In August, the company announced its second-quarter financial …
Read More »House-Hasson Announces Online Dealer Market for January
House-Hasson has announced plans for a virtual dealer market in January instead of its traditional in-person event normally held in Nashville, Tennessee. The Fresh Start online dealer market is currently scheduled to take place Jan. 28-29. House-Hasson president Don Hasson …
Read More »Orgill Outlines ‘Dynamic’ Approach to Shows, Conferences & Buying Markets
Orgill Inc. is announcing plans to forgo its in-person 2021 Spring Dealer Market and proceed with a more dynamic and flexible approach to its physical shows, conferences and buying markets starting next year that will incorporate online, live and hybrid …
Read More »Preparing for a DIY Holiday Season
New research from The NPD Group reveals more shoppers are choosing to take care of household projects they would normally have hired someone else to do before the start of COVID-19. The research firm finds more DIYers are handling general …
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