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GAM gives away brushes and BOGOs

BY HBSDEALER Staff

GAM, a division of Howard Berger Co., is giving away 2.5-in. PX Professional Angle Sash Brushes to all contractor attendees of the upcoming Paint & Decorating Contractors of America Show Feb. 19 to 22 in Las Vegas.

Every contractor in attendance will also receive a buy-one-get-one-free (BOGO) certificate, redeemable at participating paint stores. 

The event will be held at the Planet Hollywood Hotel. For more events in 2012, visit the Home Channel News Events Calendar here.

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Sears lists 80 stores to close

BY HBSDEALER Staff

Hoffman Estates, Ill.-based Sears Holdings has identified 80 of the 100 to 120 stores it plans to close as part of a strategy it announced earlier this week.

The list of 80 stores-to-be-closed includes 39 Kmart stores, 25 Sears full-line stores, and 14 Grand/Essentials and two Sears Hardlines Only stores. The list can be seen here.

Seven Florida locations are on the list. Five Michigan locations are on the list. Sears’ home state of Illinois has no stores on the list of 80. 

The two Sears Hardlines Only stores on the list are located in Lewiston, Idaho, and Middlesboro, Ky.

The company said more updates on store closings will be posted as they become available.

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Lowe’s buys online retailer ATG Stores

BY HBSDEALER Staff

Mooresville, N.C.-based Lowe’s acquired ATG Stores, an online retailer of home improvement and lifestyle products based in Kirkland, Wash. 

The acquisition, announced Thursday morning, "underscores Lowe’s commitment to providing an endless aisle of products," the company said. The move is part of an effort to boost the retailer’s online and multichannel presence.

As Lowe’s explains it, the acquisition allows Lowe’s and ATG Stores to capitalize on complementary strengths and employees’ extensive expertise by sharing best practices for online marketing and merchandising. 

ATG Stores is named for the initials of Allied Trade Group. It will remain an independent, wholly owned subsidiary of Lowe’s Companies, Inc. The two organizations will maintain separate branding and independent assortment planning and merchandising. All ATG jobs will remain in Kirkland, and no jobs will be lost as a result of the acquisition, the company said. 

“The addition of ATG Stores is a strategic fit, providing more opportunities for Lowe’s to be a relevant partner at every stage of the home improvement process and deliver better customer experiences from inspiration to planning to enjoyment,” said Robert Niblock, Lowe’s chairman, president and CEO. “ATG Stores is an extension of Lowe’s commitment to providing consumers with flexibility, simplicity and value, whenever and wherever they choose to shop.”

"Lowe’s commitment to consumers, innovation and long-term strategy, combined with our unique online product offering, presents a long-term opportunity for ATG Stores and Lowe’s to grow in the multichannel space,” said Gary Rubens, CEO of ATG Stores.

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