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HCN Stock Index Drops 6.1 percent

BY HBSDEALER Staff

The HCN Stock Index sank again on Thursday, falling 6.1 percent to 719.59. Meanwhile, the Dow Jones Industrial average dropped 679 points, or 5.47 percent, to finish Thursday at 8,579 – its lowest point since May of 2003.

Of the 20 stocks in the HCN index, 18 showed declines for the day, including a 5.86 percent decline at Home Depot, and a 4.55 percent drop at Lowe’s. Bluelinx Holdings was one bright spot – up 53 cents to $4.35. The other gainer was BMHC, up 3 cents to $0.77.

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True Value store hosts successful “Ladies Night”

BY HBSDEALER Staff

K&B True Value in Annapolis, Md., hosted its first ever “Ladies Night,” on Oct. 3 with more than 110 women attending. In addition to several “How To” demonstrations, the store gave away gift bags loaded with products and coupons and raffled off prizes worth hundreds of dollars.

“With a Target opening next to one of the [area] Home Depots next week, I wanted to remind our customers about our strengths in housewares, customer service and expert advice,” said Jared Littmann, owner of the 10,000-square-foot store.

During the event, K&B True Value staff members demonstrated the following, replacing a toilet flapper and flush lever, installing dimmer light switches, comparing and selecting environmentally friendly cleaners, securely hanging pictures and mirrors, preparing surfaces for painting, replacing door knobs and locks, and planting grass seed and fertilizer.

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Hardware employee celebrates 50 years of service

BY HBSDEALER Staff

Wally Lewis, an employee of Grover Beach Miner’s Ace Hardware, was honored recently for 50 years of service at the Grover Beach, Calif.-based store, according to the Times Press Recorder newspaper.

Lewis, who was honored Oct. 1, was the hardware storeOs first employee when brothers Lee and Glenn Miner opened the store in 1958. Prior to that, Lewis managed Brizzilera Hardware in Southern California.

There are now six Miner’s Ace Hardware stores in California. Lewis still works at Grover Beach Miner’s part-time.

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