True Value names new VP
Chicago-based hardware co-op True Value Co, announced the appointment of Robert Young to divisional VP for the paint, hardware and tool departments, effective January 2011.
Young joined the company from Briggs & Stratton Corp., where he served as VP/general manager of business units and oversaw product development, brand management and engineering of key power products. Young has more than 20 years experience in retail and merchandising roles, and has held positions of increasing responsibility in growing sales and profits.
“I am excited and proud to join such a respected retail brand as True Value,” Young said. “I’m looking forward to getting to know my teams and leveraging what I know about the home improvement and retail industries to make an impact in my new position."
Do it Best open buy day attracts 70 vendors
More than 70 potential new suppliers met with Do it Best merchandise managers at their Fort Wayne, Ind., headquarters during an open buying day Nov. 30.
“This was a great opportunity for our merchandise managers to meet with new vendors we have not done business with previously, to learn about their products, and to discover new sources of supply for our members” said Steve Markley, VP merchandising for Do it Best Corp.
The event, which event provided manufacturers with selling opportunities to expand their markets, was coordinated and promoted by the Home Improvement Industry Presidents Council.
Bulb exchange program partners with Ace, Do it Best
A city near Mesa, Ariz. has partnered with two independent hardware stores in a light bulb exchange program that aims to exchange 16,065 incandescent and halogen bulbs for more energy-efficient replacements, free of charge.
Apache Junction, Ariz., working with Best Hardware, a Do it Best dealer, and Frontier Ace Hardware, will allow customers to bring in their energy-inefficient bulbs to city hall and receive, at no cost, a voucher for a replacement low-energy compact fluorescent (CFL) or light emitting diode (LED) bulb from one of the hardware stores.
Homeowners and renters can receive up to 10 bulbs, and business owners are limited to 20 bulb exchanges.
Funding has been received through the Arizona Department of Commerce under the state’s Energy Efficiency and Conservation Block Grant.