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True Value Launches Discover Credit Card Program

True Value recently introduced the True Value Discover® credit card program for True Value retailers and customers in the United States. The program connects retailers to consumers with new offerings that pass financial benefits and incentives along to the consumer …

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House-Hasson Introducing Online ‘Buy Local’ Tool at Summer Dealer Market

House-Hasson Hardware has constructed a “buy local” electronic tool for its more than 2,000 independent hardware store and lumberyard dealers. The program, designed to give retailers more flexibility in advertising and branding, will be unveiled at House-Hasson’s Summer Dealer Market, …

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Growing Consumer Confidence, Spending Accelerate May Retail Sales

May retail sales (excluding automobiles, gas stations and restaurants) increased 0.6 percent seasonally adjusted from April and increased a strong 4.8 percent unadjusted year-over-year, according to data released by the U.S. Department of Commerce. The National Retail Federation attributes the …

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Ace Elects Two New Board Members, Extends Chairman’s Term

Ace Hardware appointed two new member directors to its Board of Directors and extended its chairman’s term by one year. At the retailer-owned cooperative’s annual shareholders meeting June 11, Ace Hardware elected two new member directors: Stew Elliott Jr., of …

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2013 Young Retailer of the Year Award Winners

This year, NRHA honors eight of the best and brightest young retailers in the industry with its Young Retailer of the Year awards. Click on each of the names below to see a multi-media presentation of their accomplishments. Under $2 …

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Sources Say Orchard Supply Considering Bankruptcy Filing

Orchard Supply Hardware

Orchard Supply Hardware Stores Corp., the chain spun off by Eddie Lampert’s Sears Holdings Corp. 17 months ago, is considering a bankruptcy filing as soon as next week, according to a Bloomberg News story. Orchard Supply, based in San Jose, California, said …

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May Unemployment Up Slightly to 7.6 Percent

Total nonfarm payroll employment rose in May by 175,000, and the unemployment rate increased slightly to 7.6 percent, up from 7.5 percent in April, the U.S. Bureau of Labor Statistics reported. Over the year, the labor force participation rate has …

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Former NRHA President Frank Greenhaw Dies

Former North American Retail Hardware Association (NRHA) president, Frank Wesley Greenhaw, died June 4 at the age of 89. Greenhaw was elected and served as president of NRHA in 1990.As chief executive of McWhorter-Greenhaw, the longest-running retail store in the …

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