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True Value corporate store appeals to women

BY HBSDEALER Staff

Chicago-based hardware co-op True Value Co. opened its first-ever corporate store.

According to a report from the Chicago Tribune, the Mount Prospect, Ill., location embraces the retail principals promoted through the company’s Destination True Value retail program. Those include female-friendliness, wide aisles and bright overhead lights.

True Value CEO Lyle Heidemann, according to the report, described the co-op’s first corporate store as a “lab for us.”

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Sales slip in May, but up from last year

BY HBSDEALER Staff

Retail trade sales were down 1.4% in May, according to the Advance Monthly Sales report from the U.S. Census Bureau.

Compared with last year, however, May sales increased 7.4%.

Among building material and garden equipment and supplies dealers (NAICS code 444), sales adjusted for seasonal variation and for holiday and trading day differences slipped to $23.512 billion in May, down 9.3% from $25.921 billion in April.

Compared with May 2009, NAICS 444 trade sales increased 3.1%. So far this year, 444 sales are tracking 3.8% ahead of the first five months of 2009.

On an unadjusted basis, sales for hardware stores in NAICS code 4413 for April, the latest month in which data is available, increased to $1.753 billion, up from $1.722 billion in April 2009.

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Latitudes receives Canadian Centre listing

BY HBSDEALER Staff

Grand Rapids, Mich.-based Universal Consumer Products has announced its Latitudes composite decking line has been granted Canadian Construction Materials Centre (CCMC) listing for its wood/plastic composite deck board when used as exterior decking.

 

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