June 30, 2015

The HD exec is putting his deep pockets to work for Christie's presidential run.

December 29, 2014

Editor picks include Home Depot’s efforts in the SEO field, and the death of Jesse Goodale, 97, a co-founder of Riverhead Building Supply. 

• At The Home Depot, a lot of thought is going into search engine optimization (SEO). And owning the letter “H” is a key. (source: CIO) Read more. 

July 1, 2014

ABC Supply Co. has honored Frank Novascone III, managing partner at the distributor's Whicita, Kansas branch, with a Ken Hendricks Award.

The Ken Hendricks Award recognizes ABC Supply employees who embody the values put forth by late founder Ken Hendricks together with co-founder and wife Diane Hendricks.

According to the company, Novascone knew he wanted to run his grandfather's roofing supply store from the time he was a child. In 2002, he stepped into those shoes when ABC Supply (which had purchased the business in 1997) made him an offer he couldn't refuse.

March 14, 2014

Robert Rickel, the co-founder of northeastern home center chain Rickel Brothers, died at the age of 90.

Robert and his two brothers, Alvin and Morty, opened their first hardware store in 1945, and the Rickel Brothers' “Buy Direct and Save” approach to home center retailing showed tremendous growth through the late 70s, growing to about 100 stores at its peak.

November 15, 2013

Custom window coverings manufacturer Hunter Douglas has donated $350,000 to two nonprofits working to help those affected by the recent flooding in Colorado: Foothills Flood Relief Fund, a nonprofit run by Foothills United Way, and veteran service organization Team Rubicon.

President and CEO Mary Hopkins presented the donations to United Way president and CEO Mimi Vilord and Team Rubicon co-founder William McNulty at Hunter Douglas' Pearl River headquarters.

March 12, 2013

The Beloit, Wis.-based LBM distributor will redeem shares held by minority shareholders, bringing total closure to the 2010 Bradco deal.

October 8, 2012

The Republican Jewish Coalition (RJC) has announced that Bernie Marcus, co-founder of Home Depot, will appear in a television ad to share his views on the upcoming presidential election.

April 3, 2012

A former co-founder of Building Industry Partners has formed a new venture that targets privately owned “middle market” LBM companies. Anchor Peabody LLC, founded by Jason Fraler, offers private equity capital, mergers and acquisitions and debt advisory to the building and construction industry. 

Joining the firm’s advisory board is Tony DeCarlo, the former CEO of Lumbermens Merchandising Corporation (LMC).

February 16, 2012

Orlando, Fla. -- The stage of the 2012 City of Hope “Spirit of Life” event featured one brand new honoree, several more industry icons and 30 years of memories for the hardware/homebuilding group.

Convening for the good of the California-based cancer treatment and research center, executives and supporters filled a banquet room at the Rosen Plaza Hotel here on the eve of the International Builders' Show to honor the man of the hour: Ace Hardware's Ray Griffith. The president and CEO of the Oak Brook, Ill.-based hardware co-op accepted the 2012 Spirit of Life award.

January 16, 2012

After a series of talks, Illinois Tool Works (ITW) has agreed to give Relational Investors, the activist investment firm, an option to appoint its co-founder to ITW’s board of directors.

Based in San Diego, Relational Investors typically buys stocks in companies it wants a role in managing, including a seat on the board of directors. Proposals often include change in executive compensation salaries and a boost in shareholder values. 

November 22, 2011

In a spirited conversation on CNBC Tuesday morning, Home Depot co-founder Ken Langone delivered pointed comments on protestors and the education system. Ultimately, though, he described himself as bullish on America. 

Langone, currently chairman and president of Invemed Associates, had this advice to protestors in the Occupy Wall Street movement: "Stop bitching about where you are and do something about it."

He also pointed to weakness across the board in America's education system.

October 25, 2011

Robert Gaites, one of the founders of the Strober Organization, died on Oct. 21, according to an article in the Staten Island Advance. He was 70 years old.

October 19, 2011

California-based e-commerce retailer Thomason Ventures has launched a new website, AlternativeHomeProducts.com, which features such energy-saving household products as inverter fuses, inverter remotes, solar panels, rechargeable lights, solar kits, solar accessories, wireless HD tuners, tools and power packs. 

August 9, 2011

The PGA Tour Superstore, whose principle owner and chairman is Home Depot co-founder Arthur Blank, will open its second Florida store, and its 12th overall, according to the South Florida Business Journal.

PGA TOUR Superstore is operated by Golf & Tennis Pro Shop, a wholly-owned subsidiary of AMB Group, headquartered in Roswell, Ga.

August 2, 2011

Scott Rhodes knew that for his innovative “dumpster in a bag” product — the Bagster — to make an impact in the home channel, it was imperative to forge relationships with major dealers.

“We knew we needed a national footprint to expand our retail distribution with Home Depot and Lowe’s,” said Rhodes, co-founder of the product and now a director at Waste Management Inc., the parent company. Bagster is Waste Management’s first retail product. 

October 3, 2010

Bernie Marcus, a small-business folk hero? That’s right....

September 19, 2010

In an interview with CNBC, The Home Depot co-founder Bernie Marcus criticized the Obama administration...

October 2, 2008

Blank is described as having been a “significant investor” in the company since 2006. He...

April 13, 2008

Manfred Maus, the retired co-founder of leading German retailer OBI, was milling about Hall 7...

March 17, 2008

In an exclusive interview with Home Channel News at Practical World in Cologne, Germany, Manfred...

March 10, 2008

According to the Atlanta Journal Constitution, Bernie Marcus first got involved with the hospital in...

February 10, 2008

On the heels of its divisional winter conventions, flooring giant CCA Global Partners announced a...

December 20, 2007

Builders FirstSource will retain its former president and chief operating officer as a consultant after...

September 5, 2007

The industry leader with strong St. Louis roots is remembered for his commitment to associates....