Digital News Digest

March 28, 2017

REPORT: Masonite CEO takes a pay cut

Fred Lynch took a 34% pay cut in 2016, and other Masonite executives also took home less compensation, largely due to bonus reductions. (Source: Tampa Bay Business Journal) read more
March 27, 2017

REPORT: Is the Craftsman deal safe?

With Sears issuing ominous warnings about its viability, the Craftstman-to-Stanley deal is in the books. But here's how it could be voidable. (Source: USA Today) read more
March 23, 2017

REPORT: A closure in Connecticut

After 29 years in business, and an unsuccessful effort to sell the business, Deep’s Hardware is shutting its doors in Danbury. (Source: The News-Times)

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March 23, 2017

REPORT: Sears liquidity plan may well fall short

Here's a take on why Sears' plan to continue selling off or licensing its brands might not save it in the long run. (Source: Reuters) read more
March 22, 2017

REPORT: Akzo Nobel rejects PPG again

Dutch paint company Akzo Nobel rejeceted PPG's second takeover bid for $24 billion. (Source: Bloomberg) read more
March 22, 2017

REPORT: Sears has doubts about its future

After years of making hopeful public-facing statements about its return to profitability, Sears said that it has "substantial doubt" about its ability to survive. (Source: Forbes) read more
March 21, 2017

REPORT: PPG makes another go at Akzo deal

After Akzo rebuffed PPG's initial bid of $22.4 billion, sources say PPG is preparing to make another offer. (Source: Bloomberg) read more
March 17, 2017

REPORT: Home Depot is recruiting at SXSW

Plenty of big companies are using the festival to scout out top tech talent and visionaries -- including Home Depot. (Source: Investor's Business Daily) read more
March 16, 2017

REPORT: What's the deal with Akzo and PPG?

PPG made a bid for the Dutch paint maker, but sources close to the matter say there's reason to believe the Akzo CEO is biding his time. (Source: Bloomberg) read more
March 15, 2017

REPORT: Kmart president departs unannounced

It appears as though Kmart president and chief member officer Alasdair James has left the company. (Source: Business Insider) read more
March 14, 2017

REPORT: Riding out the storm

The scene played out in New Jersey -- and across the Northeast -- as a late winter storm snapped hardware stores into action. (Source: read more
March 13, 2017

REPORT: Pay spike for Valspar CEO creates speculation about his next move

CEO Gary Hendrickson's salary shot up 45% year-over-year -- raising questions over whether he'd be staying on after Sherwin-Williams acquires the company. (Source: Minneapolis/St. Paul Business Journal) read more
March 9, 2017

REPORT: Depot settles breach-related lawsuit

Remember that 2014 data breach at the Home Depot that spawned lawsuits from financial institutions? Here's the latest. (Source: RTT News)  read more
March 9, 2017

REPORT: Kenmore grills are on the move

Sears has made a licensing deal with Permasteel to expand the sale of Kenmore grills beyond Sears and Kmart. (Source: Milwaukee Business Journal) read more
March 8, 2017

REPORT: PPG Industries looking to link up with Dutch rival

According to sources familiar with the matter, PPG Industries is considering a potential deal with Akzo Nobel NV. (Source: Bloomberg) read more