May 8, 2015

Gordon's Ace Hardware is set to open its sixth store in Chicago's Bridgeport neighborhood this summer.

March 17, 2015

Chicago-based True Value Company described its fiscal 2014 performance as its "best growth since 1994."

March 16, 2015

As the Chicago-river turned green, Chicago-based True Value Co. showed its colors during the city’s annual St. Patrick’s Day parade.

March 13, 2015

With J.D. Power scores in its sights, the Chicago-based co-op rolls out in-store chats, along with a national training program.

February 27, 2015

“It’s not about the paint that goes on the wall,” says Blake Fohl, senior VP and chief customer officer. “It’s the feeling you get when you walk into the baby’s room for the first time.”

February 4, 2015

As True Value dealers descend on Dallas for the Spring Reunion, the company's "Strategy in Action" is described in the current issue of HBSDealer.

January 21, 2015

The International Housewares Association (IHA) will be debuting some hot new products this spring at the International Home + Housewares Show in Chicago. For now, the 2015 Show Preview gave New Yorkers a sneak peek.

January 8, 2015

The co-op says Lars Hybel has a wealth of experience leading multinational and global teams, having worked for more than 15 years at Electrolux.

December 29, 2014

Fiskars President Paul Tonnesen said: “As we reflect on our long-standing heritage, an emphasis on functionality and design has remained constant over the centuries, and it’s rewarding to see these efforts recognized with Good Design Awards.”

December 29, 2014

Whether you’re engaged in the distribution of heavy building materials to dusty job sites, or the display of stylish home decor in a well-lit showroom, the hardware and building supply industry is one giant exercise in human resources.

December 17, 2014

The True Value Company CEO starred in CBS television’s season six premiere of “Undercover Boss.” Here’s the episode.

December 16, 2014

The Keeney Manufacturing Company and Plumb Pak, a plumbing industry supplier, welcomed John Watkins to its sales management team.

Watkins is responsible for key account sales and will be based out of Chicago. 

He is a graduate of Purdue University and brings 15 years of experience working with leading retail and wholesale accounts in the plumbing and hardware industry, the company said. 

December 15, 2014

The former FBI agent and current CEO of Chicago-based True Value Company went undercover on the CBS TV show "Undercover Boss" broadcast Sunday night.

November 25, 2014

A price index of lumber and panels used in actual construction for Nov. 21, 2014

October 19, 2014

 

Chicago— Sure, millennials aren’t buying as many houses as the youngsters of previous decades. But there are plenty of other trends in home improvement that bode well for forward-thinking companies.

October 16, 2014

Chicago -- October is the most exciting month for Wall Street, and that's often not a good thing.

Josh Rosenbaum, managing director of RBC Capital Markets, has led Wall Street-focused presentations several times during the month of October in years past -- including scary months from the depths of the housing and financial crises.

October 16, 2014

As part of a broad strategic plan, True Value unveiled a new approach to merchandising and pricing during the Chicago-based co-op’s General Session in Denver.

One takeaway: expect fewer opening price points in the True Value assortments. “No one makes money on opening-price-point product,” said Ken Goodgame, True Value’s senior VP and chief merchandise officer.

October 9, 2014

True Value has hired Jean Niemi, a former Home Depot communications executive, as the Chicago-based co-op’s new senior director, corporate communications. 

A veteran communications executive with more than 15 years of experience at Fortune 500 corporations and leading public relations agencies, Niemi will lead and oversee all media relations, executive engagements, employee and retailer communications, and manage the corporate communications team.

September 29, 2014

The HCN Top 100 Distributor Scoreboard, measuring two-step distribution sales for building material and hardlines distributors, included multiple errors and omissions. 

• Chicago-based True Value Company’s wholesale sales should have been listed as $1.90 billion, up 1% from the previous year. The original figure published in the September issue was incorrect. HCN regrets the error.

September 10, 2014

One of the few predictable repercussions of the Home Depot data breach saga is the proliferation of lawsuits related to the unfolding story.

One day after Home Depot confirmed that a data breach had occurred that “could potentially impact any customer that has used their payment card at our U.S. and Canadian stores, from April forward,” the lawyers piled on.

September 4, 2014

Though LDR Industries, a Chicago-based plumbing products company, filed for Chapter 11 bankruptcy on Thursday, its owners expressed optimism over its prospects for a sale.

"LDR is a strong viable business," said Bill Underwood, president and CEO. "It is currently involved in a dispute with U.S. Customs, and this is the best way to resolve that dispute."

August 15, 2014

Chicago -- Ideas for loyalty in a competitive climate came fast and furious during an educational session here at the Orgill Fall Market.

The session, called "How to effectively use a customer loyalty program," was led by Theresa Neal, head of new business development for Eden Prairie, Minnesota-based Pro/Phase Marketing. The company's RepeatRewards program has a business relationship with Orgill, providing a menu of real-time loyalty services.

August 14, 2014

Chicago -- Orgill's 2014 Fall Dealer Market kicked off Thursday morning here at McCormick Place with showcase categories, model stores and deep-discount "Door Busters."

The three-day event runs through Saturday.

On the show floor, four product areas are designated as showcase categories -- hand and power tools, winter and wild bird assortments, spring products and maintenance and repair.

August 5, 2014

Noted futurist J. Walker Smith will kick off the Home Improvement Research Institute’s 2014 Fall Conference. This year’s conference is titled "Managing The Future in Home Improvement" and will be held on Oct. 16, 2014, in Chicago. 

Smith is executive chairman of The Futures Company, a market research and consulting firm. His topic is described as “Planning for the Future of Home Improvement.”