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Hardware Stores

  • Fastenal names new CEO

    Industrial and construction supplies retailer Fastenal said CEO Willard Oberton planned to resign from the 2,700 store retailer effective December 31.

    The company on Friday, Nov. 7 disclosed that  Oberton notified the board of directors the prior Monday of his decision to resign. Plans call for Oberton, 56, to remain as chairman of the company and to be actively involved in strategic planning and performance measurements.

  • Lowe’s names innovation and vendor partners of the year

    Mooresville, N.C. -- Lowe's Companies Inc. has named 3M, Stainmaster and Truper as the company's 2014 Vendor Partners of the Year. The companies were selected for their commitment to product quality, innovation and customer service.   
  • Tractor Supply enters Utah

    Brentwood, Tenn. –- Tractor Supply Company has entered the Utah market with the opening of a store in Perry City, Utah. The store officially opened on Saturday, Oct. 25 and holds its grand opening Saturday, Nov. 1. The new store is 21,930-sq.-ft. and employs approximately 15 team members. Tractor Supply Company now operates more than 1,360 stores in 49 states and employs more than 19,000 workers across the country.
  • Home Depot expands Power’s operations role

    Veteran Home Deport operations executive Marc Powers has been elevated to the role of EVP of U.S. stores as part of an ongoing leadership transformation.

    Few people know Home Depot from the ground up the way Powers does. He began his career with the company in 1986 as an hourly employee and over the course of the past 28 years served as store manager, district manager and regional vice president. He most recently served as SVP of operations for the company’s nearly 2,000 U.S. stores.

  • Tool company extends longest streak in retail

    Plenty of retailers pay dividends, but none comes close to matching the track record of Stanley Black & Decker.

    The company declared a 52 cent a share dividend for its fourth quarter and in so doing set a mark no retailer is likely to ever attain.

  • Ace expands partnership with eBay Enterprise

    Ace Hardware has expanded its partnership with eBay Enterprise to enhance its omnichannel capabilities as the company ramps up its efforts to stay competitive, drive sales and acquire new customers.

  • Lowe’s to sell $1.25 billion of notes

    Mooresville, N.C. - Lowe's Companies Inc. has agreed to sell $450 million of floating rate notes due 2019, $450 million of 3.125% notes due 2024 and $350 million of 4.250% notes due 2044. Estimated net proceeds from this offering will be approximately $1.24 billion, after deducting offering expenses and underwriters' discounts.

  • Duck brand unveils scented duct tape

    Duck brand is looking to further engage crafty folks with its latest product: the first-ever scented duct tape.

    Duck Tape Scents are available in six colors:

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