Industry News Archives - Page 29 of 46

JOHN MELLENCAMP TO PERFORM CONCERT AT TRUE VALUE 2023 FALL REUNION

Posted by Contributor
On July 11, 2023
Cutting Edge Products, John Mellencamp, True Value Fall Reunion 2023

True Value Company is excited to announce that legendary singer-songwriter John Mellencamp will be the headline entertainment at its 2023 Fall Reunion market. Mellencamp will perform in concert on Thursday evening, September 14, at the George R. Brown Convention Center in Houston.

DEWALT Announces New Sealed Head Ratchets Delivering Power, Versatility and Durability

Posted by Contributor
On July 11, 2023
Cutting Edge Products, DeWalt, Sealed Ratchets

DEWALT, a Stanley Black & Decker brand and leader in total jobsite solutions, today announced two new sealed head ratchets: the 20V MAX* XR® 3/8 in. and 1/2 in. (DCF510) as well as the XTREME™ 12V MAX* 1/4 in. & 3/8 in. (DCF500). The ratchets are ideal for automotive, electrical, and mechanical as well as maintenance, repair, and operations (MRO) professionals.

Tractor Supply Invites Customers to Participate in Nationwide Farmers Market

Posted by Contributor
On July 10, 2023
August 19, Farmer's Market, Tractor Supply

Tractor Supply Company, the largest rural lifestyle retailer in the United States, is inviting customers to participate in its nationwide Farmers Market event at local stores August 19. Now through August 3, any kind of farmer, grower, craft maker, artisan or other goods producer can sign up to sell their homemade goods to their local communities for free.

Wilco Co-op CEO Plans for Retirement at End of 2023

Posted by Contributor
On July 5, 2023
Cutting Edge Products, Sam Bugarsky, Wilco

Nearing retirement when he stepped in to lead the cooperative through what turned out to be such turbulent times, Sam will retire from Wilco at the end of 2023. Wilco’s board of directors will now work with FCCS, a professional services and consulting company focused on supporting cooperatives, to select Sam’s successor, as it did when selecting his predecessor.

LL Flooring Board of Directors Unanimously Rejects Unsolicited Proposal from Cabinets To Go

Posted by Contributor
On June 26, 2023
Cabinets to Go, LL Flooring, Rejects offer

LL Flooring Holdings, Inc. today announced that its Board of Directors has unanimously rejected an unsolicited, non-binding proposal from Cabinets To Go, LLC, a subsidiary of F9 Brands, Inc., to acquire all of LL Flooring’s outstanding shares for $5.76 per share in cash. The Company previously acknowledged receipt of the unsolicited proposal from Cabinets To Go on May 30, 2023

Ace Hardware Announces Expansion Plans For New Distribution Center Near Kansas City, Missouri

Posted by Contributor
On June 22, 2023
Ace Hardware, Kansas City, Missouri, New Distribution Center

Ace Hardware Corporation, the world’s largest retailer-owned hardware cooperative, announced plans to open a new Retail Support Center (RSC) located in Kansas City, MO. The new facility, spanning approximately 1.5 million square feet, is projected to be fully operational in 2025, and is expected to provide employment opportunities to over 350 people.

THE HOME DEPOT SETS GOAL FOR BATTERY-POWERED PRODUCTS

Posted by Contributor
On June 22, 2023
Battery Powered products, Home Depot

The Home Depot expects that by the end of fiscal year 2028, more than 85% of U.S. and Canada's sales in outdoor power equipment, specifically push lawn mowers and handheld outdoor equipment like leaf blowers and trimmers, will run on rechargeable battery technology instead of gas. This transition will reduce over 2,000,000 metric tons of greenhouse gases annually from exhaust pipes of residential lawn equipment.

Simpson Strong-Tie and KB Homes Supports Bed Build for Kids in Need

Posted by Contributor
On June 20, 2023
Build Bed for Kids, KB Homes, Simpson Strong-Tie, Sleep in Heavenly Peace, Volunteering

Sleep in Heavenly Peace® (SHP), a volunteer-driven nonprofit dedicated to building and delivering hand-made, fully furnished beds to children in need, partnered with KB Home, one of the largest and most recognized homebuilders in the United States, and Simpson Strong-Tie®, a leader in engineered structural connectors and building solutions, to give back. Together, the organizations and more than 65 of their employees worked together to build 100 beds for underserved families in Phoenix, Ariz., on Saturday, June 10.

Ace Hardware Reports First Quarter 2023 Results

Posted by Contributor
On May 25, 2023
NRF, Retail Sales

Ace Hardware Corporation reported first quarter 2023 revenues of $2.1 billion, a decrease of $127.4 million, or 5.8 percent, from the first quarter of 2022. Net income was $66.2 million for the first quarter of 2023, a decrease of $53.6 million from the first quarter of 2022.

Retail Sales Rose in April as Consumers ‘Remained Engaged’

Posted by Contributor
On May 25, 2023
NRF, Retail Sales

Retail sales bounced back in April, showing both month-over-month and year-over-year growth, the National Retail Federation said today. “Retail sales rebounded in April, reflecting consumer resilience in the face of elevated economic uncertainty,” NRF President and CEO Matthew Shay said. “Moderating price levels, continued labor market strength and wage gains have increased consumers’ ability to spend.

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