Industry News Archives - Page 32 of 46

ORGILL CELEBRATES 2023 SPRING DEALER MARKET IN NEW ORLEANS

Posted by Contributor
On February 16, 2023
Cutting Edge Products Magazine, Do it Best, Pleasants Hardware, Powhatan

Orgill welcomed thousands of retailers to the Big Easy last week at the 2023 Spring Dealer Market at the New Orleans Ernest N. Morial Convention Center. The event brought together retailers from across the United States and around the world to browse more than 900,000 square feet of exhibits from the industry’s leading vendors, interacted with Orgill team members, shop for best-in-class promotional buys and attend a range of educational sessions.

WESTLAKE ACE TO OPEN STORE IN CHARLOTTE

Posted by Contributor
On February 15, 2023
Ace Charlotte, Cutting Edge Products Magazine, Westlake Ace Hardware

Westlake Ace Hardware announced today it has signed a lease agreement to open a new store in Charlotte, NC. The store will be in the Rozzelle Crossing Shopping Center at the corner of Mt. Holly-Huntersville Rd. and Bellhaven Rd. (former location of Bi-Lo). Renovations to the space will begin in the summer of 2023, with an anticipated soft opening during the first quarter of 2024. It will feature approximately 20,000 sq. ft. of retail space.

Do it Best Builds Capacity for Strong Sales Growth

Posted by Contributor
On February 6, 2023
Cutting Edge Products Magazine, Do it Best

Do it Best has broken ground on a major expansion of its Woodburn, Oregon distribution center to support member growth along the West Coast. The multi-year project will grow the space by about 50% and will dramatically increase the company’s efficiency and responsiveness with state-of-the-art systems and equipment.

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.

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