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Obituary: Frank Denny

BY HBSDEALER Staff

Frank Denny, a home center retailing pioneer, died July 2.

Credited for creating a sort of industry standard for warehouse home centers, Denny was president of W.R. Grace and Co.’s home center division. When Kmart bought Home Centers of America in 1984, Denny was tapped to oversee its expansion under the brand name Builders Square.

A message from Denny’s family said he died Monday morning, "after the usual tough fight he was known for throughout his career." He was 79. 

According to a 1981 article in National Home Center News (the forerunner of HCN), Denny was described as "one of a handful of home center industry founders." He graduated from Rutgers University in New Jersey, and in 1958 moved to California, where he bought close-out lots of lumber for a discount outlet called Angels. Three years later, he became a partner of the company. 

He later helped convert an El Paso lumber yard into what became the Cashway Home Improvement chain. 

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HCN Stock Watch: LOW leads the pack

BY HBSDEALER Staff

Stocks closed Tuesday largely in the red, but Lowe’s was a clear winner with a 3.19% gain.

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American Standard and WaterAid make strides for global sanitation

BY HBSDealer Staff

In an effort to curb disease and improve the standard of living for hundreds of thousands of Bangladeshis, American Standard Brands and WaterAid have forged a partnership aimed at providing sanitary waste solutions to underserved communities.

The initiative will bring innovative sanitary toilet pans to residents and institutions in Bangladesh – one for every Champion toilet sold in North America, according to American Standard CEO Jay Gould. American Standard will be promoting this program via its "Flush For Good" campaign, which educates consumers about the health crisis and encourages sales that will ultimately benefit the communities. In addition to its one-for-one exchange rate, American Standard will also be donating one toilet pan for every 100 likes it receives on its "Flush For Good" Facebook page.

The toilet, nicknamed SaTo, creates an airtight seal for pit latrines using just a small amount of water that’s retained after each use. This will help prevent the spread of disease and reduce odors by closing off the latrines from the open air, ultimately reducing the global fatality rate of 2,000 deaths a day that result from unsafe toilet facilities.

"Access to water and toilet facilities is solvable, but we can’t do it alone," said WaterAid America CEO David Winder. "That’s why WaterAid seeks to accelerate progress through innovative corporate partnerships in the fight against water poverty. Companies are an essential part of the solution, and they are helping us to get better at what we do."

WaterAid has been working to improve health conditions in Bangladesh since 1986 and has helped 7.7 million of its people, according to a statement by American Standard.

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