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Former Do it Best President and CEO Honored

An old friend and supporter of the hardware industry was recognized in Fort Wayne on Dec. 19, when Don Wolf, the retired president and CEO of Do it Best Corp., was awarded the Sachem Award. More than 300 people, including …

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True Value Adds to Board of Directors

Jared S. Littmann, co-owner of K&B True Value, in Annapolis, Md., recently was appointed to the board of directors for True Value. “As a local independent entrepreneur, I’ve developed a strong appreciation for the challenges we all face in retail,” …

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Builder Confidence Improved in December

Builder confidence in the market for newly built, single-family homes improved four points to a 58 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for December. This gain reflected improvement in all three index components—current …

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Home Depot Looks to Offer Same-Day Delivery

Home Depot has announced plans to open new fulfillment centers in California, Atlanta and Ohio over the next two years in an effort to build the capability to offer same-day delivery. The move will cost the retailer at least $300 …

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Ace Adds to Merchandising Team

Ace Hardware recently hired Frank Carroll as general merchandise manager. Reporting to senior vice president of merchandising, marketing and sales, John Surane, Carroll will work to advance Ace’s long-term merchandising efforts both domestically and internationally. “Frank brings with him a …

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Retail Sales Up in November

The shortened holiday shopping season spurred consumer spending in November, as Americans took advantage of Black Friday and Cyber Monday deals to make holiday purchases, according to the National Retail Federation. November retail sales, excluding automobiles, gas stations and restaurants, …

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N.Y. Hardware Store Receives National Small Business Award

The national small business movement Independent We Stand announced Trio Hardware & Paint as the recipient of the 2013 Independent We Stand Independent Small Business of the Year Award. The family-owned hardware store has 15 employees and has been in …

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Unemployment Down in November

The unemployment rate declined from 7.3 percent to 7.0 percent in November, and total non-farm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in transportation and warehousing, health care and manufacturing. Both the …

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