September 12, 2013

Atlanta-based Newell Rubbermaid announced it has closed the sale of its Hardware business, which includes the Amerock, Ashland, Bulldog and Shur-Line brands, to Nova Capital, a specialist acquirer of corporate and private equity portfolios. 

The transaction was first announced Aug. 9.

September 10, 2013

Bart and Diana Tyler, proprieters of Kelloggs & Lawrence in Katonah, N.Y., and DeWayne Tripp, owner of Hinton (Okla.) Hardware joined an elite crowd in 2013: HCN Hardware Store All-Stars. Their stores made the list, along with 48 other worthy retailers, one from each state.

August 9, 2013

Newell Rubbermaid, Inc. is selling its Hardware business to Nova Capital, a firm that specializes in the acquisition of corporate and private equity portfolios, for $214 million.

Specifically, components of the sale include Newell's Amerock, Ashland, Drapery Hardware, Bulldog and Shur-Line brands. Sales for 2013 came in at $255 million so far, with gross proceeds resting at $214 million.

May 3, 2013

The company has announced plans to sell its “Hardware and Teach Platform” businesses.

February 26, 2013

On the site of a former Mead Lumber Co. location, a C&L Hardware opens in Ashland, Neb.

June 22, 2012

Regional chain Mead Lumber Co. has decided to close its Ashland, Neb., location on July 7, according to an article in the Journal-Star.

The 102-year-old lumberyard was not able to generate enough volume to make the business viable, spokeswoman Kate Mead told the newspaper. She added that local home builders were often bringing in building supplies from outside the area.