Contributor, Author at Cutting Edge Products

Builders Lumber & Hardware Hosts Inaugural EGGfest to Support Shelbyville Central Schools

Posted by Contributor
On October 21, 2024
Cutting Edge Products

Builders Lumber & Hardware held its inaugural Smokin' The Ville EGGfest on Oct. 19. The event brought together grilling enthusiasts to explore the versatility of the Big Green Egg, while also raising funds for the Shelbyville Central Schools Therapy Service Dog Campaign.

ORGILL PREPARED TO PROVIDE SUPPORT TO RETAILERS IMPACTED BY TRUE VALUE BANKRUPTCY, POTENTIAL SALE

Posted by Contributor
On October 15, 2024
Cutting Edge Products

Following True Value Company’s bankruptcy filing and its proposed sale to Do it Best, independent retailers doing business with True Value can be confident that Orgill will make every effort to support them in maintaining uninterrupted access to products and services.

True Value’s Path Forward

Posted by Contributor
On October 14, 2024
Cutting Edge Products

Today we announced that we have entered into a sale agreement with Do it Best that we are confident will make True Value stronger over the years to come and prove beneficial to our vendor partners.

Do it Best Makes Bid to Acquire True Value Assets

Posted by Contributor
On October 14, 2024
Cutting Edge Products

Do it Best, the nation’s largest member-owned co-op for hardware and lumber products, announces its bid to acquire substantially all assets from True Value, a Chicago-based hardlines wholesalers that filed for Chapter 11 bankruptcy under private equity ownership. The proposed acquisition, supported unanimously by the Do it Best Board of Directors, would mark a significant moment in the history of the independent home improvement industry, if consummated, as it would create a worldwide store network exceeding 8,000 locations in the U.S. and more than 50 countries around the world.

Future of True Value

Posted by Contributor
On October 5, 2024
Cutting Edge Products

True Value has undertaken a process to pursue a potential strategic sale of the company. With full support of our board of directors, we hired an investment banker to identify and vet the best options for our associates, retailers and vendor partners. Our current equity investors have been instrumental in supporting our efforts to modernize and right-size our legacy operations, and I am tremendously grateful for them.

NRF Calls on Administration to Use ‘Any and All Authority’ to End Port Strike

Posted by Contributor
On October 2, 2024
Cutting Edge Products

The National Retail Federation today released the following statement from NRF President and CEO Matthew Shay after a labor strike was initiated at all U.S. East and Gulf Coast container ports. The strike went into effect after the six-year master contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) expired on Sept. 30.

Nation’s Best Acquires South Texas Hardware

Posted by Contributor
On October 2, 2024
Cutting Edge Products

With its acquisition of South Texas Hardware’s three-location chain, Nation’s Best expands its growing network of locations in its home state, bringing its total location count across the US to 63.

Ace Hardware Ranks #5 on Franchise Times Top 400 List for Third Year in a Row

Posted by Contributor
On October 2, 2024
Cutting Edge Products

Ace Hardware, the largest retailer-owned hardware cooperative in the world, retained its fifth ranking position in the annual Franchise Times Top 400 List for the third year in a row.

GreatStar Tools USA Promotes Roberto Izaguirre to Chief Executive Officer of Arrow Fastener Company, LLC

Posted by Contributor
On October 2, 2024
Cutting Edge Products

GreatStar Tools USA, a leading manufacturer of hand tools serving DIY, professional, and industrial markets worldwide, is proud to announce the promotion of Roberto Izaguirre to Chief Executive Officer of Arrow Fastener Company, LLC.

Lowe’s Announces 2024 Vendor Partners Of The Year

Posted by Contributor
On October 1, 2024
Cutting Edge Products

Lowe's Companies, Inc. announced it has named Pella®, Schluter Systems and Klein Tools as the company's 2024 Vendor Partners of the Year. The suppliers were recognized for their commitment to delivering quality products, innovation, value and service to Lowe's customers.

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