Industry News Archives - Page 20 of 34

Everson’s Hardware sell their business and operating assets to Central Network Retail Group, LLC

Posted by Contributor
On February 2, 2023
Cutting Edge Products Magazine, Do it Best, Pleasants Hardware, Powhatan

Everson’s Hardware will be rebranded and operate as part of CNRG’s Frattallone’s Hardware & Garden brand. Frattallone’s Hardware & Garden, headquartered in Arden Hills, MN, operates 22 stores throughout the Twin Cities and surrounding areas.

NHS and IBS Photo Gallery

Posted by Contributor
On February 2, 2023
Cutting Edge Products Magazine, Do it Best, Pleasants Hardware, Powhatan

National Hardware Show and IBS Photo Gallery

Pleasants Hardware Announces Tenth Location

Posted by Contributor
On January 31, 2023
Cutting Edge Products Magazine, Do it Best, Pleasants Hardware, Powhatan

Pleasants Hardware is adding its third location in three years. The 10,000 sq ft store will be located in Powhatan, VA in the South Creek Shopping Center off Route 60 at 1800 S. Creek One, Powhatan, VA 23139.

Do it Best Names New Vice President of Ecommerce

Posted by Contributor
On January 31, 2023
Allison Flathjord, Cutting Edge Products Magazine, Do it Best

Building on its commitment to driving member growth online and in-store, Do it Best has selected a proven ecommerce leader to steer its E-commerce division. Effective immediately, Allison Flatjord is the company’s Vice President of E-commerce. She replaces Nick Talarico, who was recently promoted to Executive Vice President of Sales and Marketing.

Do it Best Promotes Proven Leaders to Senior Sales positions

Posted by Contributor
On January 19, 2023
Cutting Edge Products Magazine, Do it Best, Eric Knox, Mike Melchi

To ensure the company maintains its relentless focus on its member growth initiatives and enhances the infrastructure to support them, Do it Best has tapped two proven leaders as senior sales directors and aligned several other leadership roles with strategic sales responsibilities. Eric Knox is the Director of Business Development and Mike Melchi is the Director of Field Sales

Do it Best Drives Sales with Record New Member Growth

Posted by Contributor
On January 19, 2023
Cutting Edge Products Magazine, Dan Starr, Do it Best

At the halfway point in its fiscal year, Do it Best announces that company's net profit is up 10%, reaching $85.3 million with $2.5 billion in sales through December. “We’ve made substantial progress in our investments to strengthen the engine that drives efficiency and increases sales,” said President and CEO Dan Starr

NRF Says 2022 Holiday Sales Grew 5.3% to $936.3 Billion

Posted by Contributor
On January 16, 2023
Cutting Edge Products Magazine, Holiday Sales Grew, Holiday Shopping, NRF

Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high-interest rates, NRF said today. While holiday growth was less than expected, sales for the year grew 7% over 2021 to $4.9 trillion, meeting NRF’s forecast of between 6% and 8% growth for the year.

Ace Hardware Ranked As One Of The Top 10 Franchises In The World For 2023

Posted by Contributor
On January 15, 2023
10 Franchises in the World, Ace Hardware, Cutting Edge Products Magazine

Ace Hardware is the world’s largest retailer-owned hardware cooperative, and it continues to earn industry recognition as one of the leading franchise opportunities based on its retailer support, yearly sales growth, and strong brand recognition. Ace Hardware secured a spot in the Top 10 franchise business opportunities in the world for 2023 according to Entrepreneur Magazine’s Franchise 500, one of the most highly sought-after honors in the franchise industry

Record 158 Million Shoppers Expected During Super Saturday

Posted by Contributor
On December 15, 2022
Cutting Edge Products Magazine, Holiday Shopping, NRF

More than 158 million consumers are expected to shop on the last Saturday before Christmas this year, according to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics. This figure is approximately 10 million more than last year’s expected number of Super Saturday shoppers and the highest number since NRF first started tracking this data in 2016.

Boise Cascade Adding Distribution Centers in Two New Markets

Posted by Contributor
On December 15, 2022
Boise Cascade, Cutting Edge Products Magazine

Boise Cascade’s Building Materials Distribution (BMD) division today announced the expansion of its distribution capacity in two markets.

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