Industry News Archives - Page 31 of 44

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.

Bliffert Merges in Local Moulding and Cabinetry Manufacturer, Fillinger Millwork

Posted by Contributor
On December 15, 2022
Bliffert Lumber and Hardware, Cutting Edge Products Magazine, Fillinger Millwork

Bliffert Lumber & Hardware has merged with Fillinger Millwork, a single-location millwork manufacturer of hardwood moulding and custom millwork products in Milwaukee, Wisconsin. The transaction closed on November 30, 2022.

Orgill Announces Additions, Changes to Leadership Team

Posted by Contributor
On December 15, 2022
Cutting Edge Products Magazine, Executive Vice President of Human Resources, Laura Freeman, Orgill

To further support growth and help build on its world-class corporate culture, Orgill has hired Laura Freeman to fill the newly created position of Executive Vice President of Human Resources and Chief Human Resources Officer. Freeman will officially join Orgill on Jan. 3 and has spent the last several years in a similar executive position with Schnucks, a $3.2 billion St. Louis-based grocery chain operating 120 stores in multiple states.

Ace Hardware Sees Online Sales Increase Over Thanksgiving Weekend

Posted by Contributor
On December 1, 2022
Ace Hardware, Cutting Edge Products Magazine

Ace Hardware, the largest retailer-owned hardware cooperative in the world with more than 5,600 locally owned and operated stores, reported record online sales over the peak 5-day holiday shopping weekend from Thanksgiving thru Cyber Monday. Ace Hardware saw record single-day online sales on both Black Friday and Cyber Monday, fueled by strong demand for grills & smokers, electric mowers & snow blowers, and power tools from top brands including Weber, Traeger, Big Green Egg, Milwaukee, and EGO.

Retailers Encouraged by House Approval of Tentative Agreement Averting Rail Strike

Posted by Contributor
On December 1, 2022
Cutting Edge Products Magazine, Rail Strike

The National Retail Federation today issued the following statement from President and CEO Matthew Shay following the U.S. House’s vote to approve H.J. Res. 100. The resolution, which now heads to the Senate, will implement the Tentative Agreement that was negotiated between the administration, the rail labor unions and the railroads.

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