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Clemmons, N.C., hardware store to close

BY HBSDEALER Staff

Carpenter’s True Value Hardware in Clemmons, N.C., is going out of business, according to the Winston Salem Journal.

Adrop in sales to contractors, which made up about 25 percent of the store’s business, coupled with a decrease in customers, led to the decision to close the store. The opening of a Big Lots discount store in the same shopping center a few months ago also hurt the hardware store, the article said.

The store, which opened two years ago and employs four people, will remain open until the remaining inventory is sold.

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Two Wisconsin Ace stores to be sold or closed

BY HBSDEALER Staff

Ace of La Crosse Hardware store in La Crosse, Wis., will either be sold or closed by the end of March, according to an article in the La Crosse Tribune. The store has 54 employees.

The store is owned by La Crosse-based Reinhart Retail Group, which filed a notice with the Wisconsin Department of Workforce Development that it will either sell or close this as well as eight other Wisconsin-based stores and offices. A second Ace store in Ladysmith, Wis., as well as Rainbow Home Center in Rice Lake, Wis., are also among the stores to be sold or closed.

If Ace of La Crosse Hardware is sold, that is expected to occur between Feb. 14 and 27, and if it is closed, that is expected to occur between March 16 and 29, according to the notice.

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RONA appoints senior vp

BY HBSDEALER Staff

Boucherville, Quebec-based RONA, a leading Canadian retailer of building materials and home improvement items, has appointed Paul Jovian as its new senior vp-supply chain management. Jovian will report directly to Robert Dutton, RONA president and CEO, and will manage the company’s entire supply chain.

Jovian’s team is made up of logistics, demand planning and supply chain management.

This appointment stems from RONA’s 2008-2011 Strategic Plan, which aims at optimizing the network and supporting business growth.

“Our objective in creating a new vice presidency at RONA is to allow the optimization of our entire distribution network,” said Dutton. “While we are continuing the realization of our Strategic Plan’s objectives, this appointment, along with the reorganization relating to operations and marketing announced at the end of 2008 will ultimately allow us to remain industry leader in Canada.”

Previously, Jovian was vp-supply chain major projects at Canadian Tire, where he worked 25 years in a number of roles.

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