HARDWARE STORES

Bedford True Value Hardware honored

BY HBSDEALER Staff

Adam Schoelkopf of Bedford True Value Hardware in Bedford, N.Y., recently accepted a True Value Best Hardware Store in Town award on behalf of the store.

A total of 13 stores were recognized by the co-op during its Spring & Rental Reunion held in Atlanta. 

“These are talented business people who work incredibly hard to bring their communities the best service and shopping experiences possible,” said True Value president and CEO John Hartmann. 

The Best Hardware Store in Town awards have been a part of True Value since 2007. 

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Jail time for hardware-store burglar

BY HBSDEALER Staff

According to the Green Bay Press Gazette of Wisconsin, a man took several days to accumulate more than $15,000 of stolen merchandise from an Oconto Falls, Wis., hardware store. 

The thief pulled it off by coming back night after night last summer, after he stole the key from a pickup truck, according to the article. 

Jeremy L. Dey, 36, of Oconto Falls was sentenced to three years in prison.

United True Value was the scene of the crime. The thief stole big-ticket items, including a lawnmower and a gas grill.

 

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Handy Hardware executive resigns

BY HBSDEALER Staff

An industry veteran and former top merchandising executive at Handy Hardware, Mickey Schulte resigned last week to take a position outside the hardware industry.

Schulte had been a key figure at the Houston-based distributor and served during the company’s growth years, its bankruptcy and its subsequent reorganization. 

“Mickey’s efforts helped position handy for long-term success, and we wish him well in his future endeavors,” said Craig Cowart, Handy’s executive VP merchandising and marketing.

Handy Hardware emerged from a Chapter 11 filing in August 2013 after being purchased by Hardware Holdings, part of the Littlejohn & Company group. The company’s structure changed from a member-owned co-op to an independent wholesaler and distributor. As a result of the bankruptcy proceedings, retailers who were members of the co-op lost their equity.

During the transformation, the distributor tapped two industry veterans to take the reins. Doug Miller, formerly the CEO at Jensen Distributing, holds the CEO post. More recently, Cowart took over the top merchandising post. He is a former president of Marvin’s Building Materials and Home Centers and a former merchandise manager at Lowe’s. Cowart has spearheaded the distributor’s 2014 Profit Plus initiative to improve merchandising, assortment, vendor relations and dealer programs.

Handy veteran Ken Harvey, who previously reported to Schulte, remains in his position as VP dealer services, overseeing the sales team and customer service.

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