Hardware Stores

Mooresville, N.C.-based Lowe's is adding Dacor to its appliance mix in select Lowe's stores and offering Dacor for special order from the rest.

Costa Mesa, Calif.-based Dacor makes luxury kitchen appliances. Two of the standout products offered through Lowe's are the Renaissance 36-in. Gas Cooktop and the Renaissance 30-in. Single Wall Oven. 

ATLANTA -- The Home Depot announced that Bill Lennie has been named president, The Home Depot Canada, effective immediately. Lennie will replace Aaron Carmack, who is taking an extended leave of absence to attend to a personal illness.

"We are fortunate to have an executive with Bill's experience and leadership abilities who can quickly step into this critical role," said Frank Blake, chairman and CEO.  "We wish Aaron the best and look forward to his return."

TOANO, Va.  -- Lumber Liquidators announced that William Schlegel has joined the company as its chief merchandising officer, effective March 14, 2011.  In this position, Schlegel will oversee the company's merchandising, replenishment and allocation and global sourcing activities, and will report directly to Robert Lynch, president and COO.

TOWSON, Md. — Black & Decker has announced the availability of its RapidRoller paint roller. According to the company, the RapidRoller provides a convenient, easy-to-use solution for painting projects, and helps consumers complete those projects up to two times faster than with traditional rollers.

RapidRoller's features include a handle that holds and dispenses paint and an exclusive three-position pivoting roller frame that allows users to paint up to the edge, in tough-to-reach corners and narrow locations like hallways, closets and bathrooms.

Mooresville, N.C. -- Lowe’s Cos. president and chief operating officer, Larry Stone, will retire June 2, after 42 years with the company. Lowe’s doesn’t plan to fill the vacancy.

Stone has served in virtually every leadership position within store operations, merchandising and store environment during his career.

Lowe’s also announced the following promotions within merchandising, store operations and strategic planning:

Brentwood, Tenn. -- Tractor Supply Co. reported that net sales for the fourth quarter increased 19.7% to $1.03 billion from $862.5 million in the prior year's fourth quarter. Same-store sales increased 13.1%, compared with a 0.7% increase in the prior-year period. 

Net income for the quarter was $50.2 million, or 67 cents per diluted share, compared with $37.3 million, or 51 cents per diluted share, in the prior year's fourth quarter. 

BRENTWOOD, Tenn. -- Tractor Supply Company reported that net sales for the fourth quarter increased 19.7% to $1.03 billion from $862.5 million in the prior year's fourth quarter.  Same-store sales increased 13.1% compared with a 0.7% increase in the prior-year period.  

Net income for the quarter was $50.2 million, or 67 cents per diluted share, compared with $37.3 million, or 51 cents per diluted share, in the prior year's fourth quarter.  

Cleveland-based Sherwin-Williams reported fourth-quarter net income of $72.9 million, up 11.6% from $65.3 million reported for the same period last year.

Sales for the quarter ended Dec. 31 were $1.89 billion, up 18.8% from $1.59 billion reported for the same period in 2009.

For the full year, the company reported net income of $462.4 million, up 6.1% from $435.8 million for fiscal year 2009.

Sales for 2010 totaled $7.77 billion, up 9.5% from $ 7.09 billion reported last year.