Hardware Stores

Ace Hardware is set to launch a “Free Store Pickup” program this April and has chosen PGA tour player Hunter Mahan to serve as pitchman for the omnichannel initiative.

The deal with six-time winner Mahan marks the first time the nation’s largest hardware cooperative has teamed with a professional athlete on an endorsement deal.

Chicago -- True Value Company announced the appointment of Lars Hybel to VP international, effective Jan. 12.

Hybel has a wealth of experience leading multinational and global teams, having worked for more than 15 years at Electrolux. Most recently, he was VP and general manager, global business unit, Electrolux Central Vacuum Systems, leading the transition of three regional operations to a global matrix organization, and successfully coordinating the first mass-channel entry in Canada, driving significant market share gain.

After announcing new partnerships with HGTV and Lowe’s, as well as three consecutive quarters of record growth, Sherwin-Williams is celebrating another milestone.

The company announced it is opening its 4,000th store in Sewickley, Pa.

by Gina Acosta   Mooresville, N.C. - Lowe’s Companies’ CEO Robert Niblock cited the recovering U.S. economy as among the reasons why the company plans to focus more on market differentiation and omnichannel retailing. The company said it will outline these and other strategic priorities in a meeting with investors on Dec. 11 in North Carolina.  

Lowe’s CEO Robert Niblock cited the recovering U.S. economy as among the reasons why the company plans to focus more on market differentiation and omnichannel retailing.

The company said it will outline these and other strategic priorities in a meeting with investors on Dec. 11 in North Carolina.

Atlanta - The Home Depot has reached an agreement to purchase HD Supply Hardware Solutions, formerly known as Crown Bolt, a wholesale hardware supplier. The transaction is expected to close by the end of fiscal year 2014 subject to obtaining customary regulatory approvals.

The Home Depot is HD Supply’s largest customer and accounts for about 98% of its annual sales. Terms of the deal were not disclosed.

Home Depot has agreed to buy the hardware business unit of HD Supply Holdings Inc., the industrial distributor that was once part of the home-improvement retailer and has since been a longtime partner.

"Our companies have had a long-standing relationship," said Craig Menear, CEO and presiden of Home Depot. "By formally bringing the business into the Home Depot family, we expect to further enhance our supply chain capabilities and hardware product offerings."

Mooresville, N.C. – Lowe’s Companies Inc. will open three new stores in Canada, starting with a 94,500-sq.-ft. store in Lethbridge, Alberta in spring 2015. Lowe’s also plans to open an 86,000-sq.-ft. store in Saskatoon, Saskatchewan and a 75,000-sq.-ft. store in Saulte Ste. Marie, Ontario.