DISTRIBUTORS/CO-OPS

Do it Best names three new merchants

BY HBSDEALER Staff

Fort Wayne, Ind.-based Do it Best Corp. announced the appointment of new merchandise managers to replace three retiring managers, effective April 1, 2011.

The co-op appointed Gary Loosle for lawn and garden – green goods, Josh Meyer for paint and sundries, and Chris Steinlicht for rental and store supplies.

In their new positions, Loosle, Meyer and Steinlicht will lead the hardware and lumber buying cooperative’s efforts to improve member profitability in their respective areas through Do it Best Corp. retail service centers (RSCs) and drop-ship programs. Responsibilities include vendor selection, negotiations, new product introductions and planogram development.

Loosle replaces Randy Kipfer who is retiring after a 35-year career with Do it Best Corp. Loosle joined the co-op in 2005 as a merchandise manager in the electrical department. He most recently was merchandise manger in the fastener, pet, farm and ranch department. 

Prior to joining Do it Best Corp., Loosle worked in the hardware industry on a corporate level and in his family’s hardware stores in Utah. He holds a bachelor’s degree in business management from Weber State University and a master’s in logistics management from Michigan State University.

Meyer succeeds Dick Wise, who is retiring after 33 years with the hardware and lumber co-op. Meyer began his career with Do it Best Corp. in 2002. He has been an associate merchandise manager in both the paint and plumbing departments.

Meyer worked in the banking industry and as a professional painter before joining Do it Best Corp. He graduated from Anderson University with a bachelor’s degree in finance.

Steinlicht fills the position of the retiring John Augsburger, who worked for Do it Best Corp. for 31 years. He came to the co-op in 2008 as associate merchandise manager for hand tools. Steinlicht was in management for a national electronics chain and the banking industry prior to joining Do it Best Corp. He holds a bachelor’s degree in marketing from Indiana Tech.

“We thank Dick, John and Randy for their nearly 100 years of combined service to our members and for their contributions to the company,” said Steve Markley, VP merchandising for Do it Best Corp. “I know Gary, Josh and Chris are excited about their new roles as they work to continue to strengthen our vendor programs and offerings. Their experience, skills and industry knowledge will serve our members well."

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Hillman Group acquires TagWorks

BY HBSDEALER Staff

The Hillman Group has announced the acquisition of TagWorks, a pet ID tag program, for $40 million in cash plus an additional consideration of $12.5 million on Oct. 31, 2011. TagWorks is responsible for paying $18.5 million in outstanding debt and transaction fees from the proceeds. The deal closed on March 16. 

Founded in 2007 by George Hagen, TagWorks provides its patent-pending program to Petsmart. In conjunction with the agreement, The Hillman Group is entering into a 17-year agreement with KeyWorks-KeyExpress LLC, a company affiliated with TagWorks, to assign its retail key program technology to The Hillman Group.

Headquartered in Cincinnati, Ohio, The Hillman Group, an affiliate of the Hillman Companies, distributes more than 60,000 SKUs of fasteners, key duplication systems, engraved tags and related hardware to over 20,000 retail customers in the U.S., Canada, Mexico, South America and Australia. 

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GAF earns graphic design awards

BY HBSDEALER Staff

Wayne, N.J.-based roofing and ventilation manufacturer GAF was recently awarded four American Graphic Design Awards. 

The company also won an American Package Design Award for its TruSlate Sample Box. There were over 1,500 submissions in this contest, organized by Graphic Design USA magazine, which rewards packaging, p-o-p and related projects that are visually attractive and which feature designs that advance the brand and forge an emotional connection with the purchaser.

“Our Creative Design Services team continues to perform at the highest levels, producing materials that can compete with both internal and external ad agencies nationwide,” stated Ted Marcopolus, Vice President of Marketing Services at GAF.

Competing against nearly 10,000 entries, GAF’s award-winning designs include a DuraLife Natural Grain Decking advertisement, a GAF University advertisement, a Timberline Cool Series brochure, and the Masterflow Green Machine Dual Powered Roof Vent packaging.

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