HARDWARE STORES

Hot seat: Handy Hardware looks for new leader

BY Ken Clark

The search is on for a new leader at Handy Hardware Wholesale, which filed for bankruptcy protection last month. 

In an unusual step, the Houston-based co-op’s search committee “has established that former employees of Handy will not be considered for this position,” wrote current president and CFO Tommy Schifanella in a letter to vendors. “It is our goal to bring outside talent to the organization as we move into our future.”

Among the qualifications sought are “a strategic visionary with sound technical skills, analytical ability, good judgment and a strong operational focus.”

Whoever is tapped will face the difficult challenge of bringing a co-op distributor back from bankruptcy in a field where there is no shortage of distributor competition. 

According to Handy’s bankruptcy filing, the list of Handy creditors holding the largest unsecured claims is topped by American Water Heater Co. with an amount of $1.4 million. Also in the top six are Southwire Company  ($620,000), Averitt Express ($611,000), Charlotte Pipe & Foundry ($385,000) and PrimeSource ($365,000).

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
HARDWARE STORES

OSH starts recruiting Oregon workers

BY Brae Canlen

Orchard Supply Hardware (OSH), a chain of California home improvement stores, is holding a hiring event to staff its new stores in Tigard and Portland, Ore., according to an article in The Oregonian.

The 89-unit chain needs to fill 160 full- and part-time positions, the article said. The advertised jobs include department leads, customer service associates, cashiers and bicycle repair experts.

The Jan. 29 and 30 event will be held at the Cascade Crest Banquet Center next to the entrance of the Oregon Zoo. Applicants, who are advised to pre-register and bring a resume, will be interviewed with a decision made on the same day, the article said. 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
HARDWARE STORES

Zombies strike again in hardware store video

BY Ken Clark

A short film about employees of an Ace hardware store and their theories about zombie battles received a definite thumbs down from Ace corporate’s Facebook page.

The video, which is described on YouTube as a Sundance Film Festival entrant, consists of several interviews of young Ace store employees who share their appreciation of zombie movies and the kind of products in an Ace store that could combat the undead monsters. 

Some were not amused.

Calling it "deplorable," a Facebook posting from Ace corporate criticized the video for its violent and anti-customer overtones. “We are aghast and outraged that these individuals used our nationally recognized brand in this film,” said the Facebook posting.

The short film, called “When the Zombies Come," is not the first time for an Ace store to embrace zombies. The 88-unit Westlake Ace Hardware chain used a zombie theme to promote its stores through a humorous campaign in 2010. A series of mock news casts posted on YouTube and Facebook described the Lenexa, Kan.-based chain as striving to serve customers both “alive and undead." 

Ace corporate recently purchased Westlake Ace from private equity firm Goldner Hawn Johnson and Morrison. 

Opinions expressed on Facebook differed greatly as to the appropriateness of the short film, with some endorsing it and others finding it distasteful.  

keyboard_arrow_downCOMMENTS

Leave a Reply

t.troy55 says:
Feb-13-2013 10:45 am

This is such a great resource
This is such a great resource that you are providing and you give it away for free. Relationship Issues With Manisa Sporfan

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?