Rough Winter Doesn’t Chill Attendee Attitude at United Buying Market

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Despite a long cold winter, attendees to the United Hardware June Buying Market say they’re experiencing a booming spring business and have high hopes for the future. While United Hardware continues to work around the clock to meet increased demand, it continues to focus on the future with training, technology and new niche opportunities at its market. Focus on Housewares ... Read More »

Memphis-Based Orgill, Inc. Receives President’s E Award for Exports

Jerry Cardwell, Orgill’s Senior Vice President in charge of export sales (right) and Orgill, Inc. board member Joe Orgill, were on hand in Washington D.C. to receive the award from Secretary Pritzker

Orgill, Inc. was among a small group of U.S. companies and organizations recently honored with a 2014 “E” Award for Export excellence by U.S. Secretary of Commerce Penny Pritzker. President John F. Kennedy created the President’s “E” Award in 1961 to recognize persons, firms, and organizations that contribute to expanding U.S. exports. The E Award is the highest recognition any ... Read More »

Technology Bridges Gap Between Online and Physical Stores

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As consumers have become increasingly reliant on mobile devices, consulting apps, websites and online reviews to help dictate purchase decisions, the future of brick-and-mortar retailers once seemed bleak. But, just as consumers tend to move through ebbs and flows that dictate their purchase frequency and brand loyalty, new advancements in mobile technology point to a new retail future that will ... Read More »

Ace Names New VP of IT and CIO

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  Ace Hardware Corporation hired Karen Fedyszyn as Vice President of Information Technology (IT) and Chief Information Officer. Reporting to Ace’s Chief Financial Officer, Fedyszyn will help the company drive strategic technology and systems management for Ace to shape business functions and deliver return on investments. Fedyszyn spent the last 14 years as an executive leader at HSBC, the second largest ... Read More »

Ace Announces Board of Director Changes

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  Ace Hardware elected a new chairman and two new board members this week. The Ace Hardware board of directors elected its new chairman, Jim Ackroyd, chief executive officer of Vision Ace Hardware, an 11-store chain in southwest Florida. Ackroyd was elected vice chairman in 2013 as part of a planned chairman transition. Ackroyd was also re-elected to another three-year ... Read More »

Kimberly McCluskey Joins Leight Sales

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Leight Sales would like to introduce and welcome Kimberly A. McCluskey to Leight Sales as Buyer. Kimberly A. McCluskey comes from an extensive background of Retail Buying and Merchandising. She has been a senior buyer at Sears, Sports Authority and Big 5. In her 20-plus year career, she’s increased sales in all key areas of business, improved workflows and implemented ... Read More »

Commercial Real Estate Market Shows Signs of Improvement

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The outlook for all of the major commercial real estate sectors is slightly improving across the country despite disappointing economic growth during the first quarter of 2014. According to the National Association of Realtors quarterly commercial real estate forecast and its chief economist Lawrence Yun, the sluggish growth experienced in the first quarter is not indicative of the actual health ... Read More »

Millennials Account for Nearly One-Third of Recent Home Purchases

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The numbers are in: Millennials – those age 33 and younger – take the top spot as the largest group of recent homebuyers in the U.S. According to the 2014 National Association of Realtors Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent homebuyers and sellers, millennials comprised 31 percent of recent home purchases. To ... Read More »

Home Depot Ramps up Supply Chain In Prep for Two-Day DTC Deliveries

The Home Depot Opens Direct Fulfillment Center to Support Online Business

Home Depot’s vision of interconnected retail continues to develop. While the retailer continues to its brick-and-mortar presence, it continues to grow its virtual assets to better optimize new technology and new shopping behaviors. With the launch of direct-to-consumer shipping, Home Depot’s online business grew by more than $900 million last year. To better accommodate the need to service the shipments across the country, the retailer is ... Read More »

Lowe’s Announces New CIO

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Lowe’s Companies, Inc. announced that Paul D. Ramsay was promoted to chief information officer (CIO), effective immediately. He has been serving as acting CIO since March. Ramsay will report to Richard D. Maltsbarger, who has been appointed chief development officer. Maltsbarger has responsibility for IT, Strategy, Consumer Insights, and Business Development and is President of Orchard Supply Hardware. As CIO, Ramsay ... Read More »

Housing Shortages in the Future?

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New home construction activity is currently insufficient in most of the U.S., and some states could face persistent housing shortages and affordability issues unless housing starts increase to match up with local job creation, according to new analysis by the National Association of Realtors®. The labor market, which is a key to overall economic health, has recovered all of the ... Read More »

HERO Appoints New Execs

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HERO (I.C.T.C. Holdings Corporation) appointed Terry Newton as Sr. VP Global Sales – Key Accounts. Newton has been involved in the delivery of custom color, most recently with X-Rite as Vice-President, Sales & Business Development, and Carlos de Melo to the position of VP and General Manager, HERO Products Group, North American Operations. Newton and has worked with most of ... Read More »

Nail Polish and Ace Together at Last

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Ace and OPI have teamed up for a first-ever relationship of its kind. No, we’re not talking about outdoor power equipment, we’re talking about OPI, the premier professional nail lacquer brand. Ace and OPI have teamed up to bring OPI’s most popular colors to life through the Clark+Kensington® paint line. The new color palette will launch this month in more than 3,200 Ace ... Read More »

Economic Concerns Slow Home Purchases

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A combination of rising home prices, higher mortgage rates and general economic concerns seem to be restraining Americans from taking part in the spring and summer home-buying season. In May, 68% of Americans thought it was a good time to buy a home, while 43% thought it was a good time to sell, according to survey results released by mortgage giant Fannie ... Read More »

Housing Activity in Some Areas Getting Back to Normal

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Nationwide, 56 of 350 metro markets returned to or exceeded their last normal levels of economic and housing activity in June, according to the National Association of Home Builders’ First American Leading Markets Index. Year over year, this represents a net gain of nine metros. “Markets are gradually returning to normal levels of housing and economic activity,” said NAHB Chairman ... Read More »

VERTICAL GARDENING SYSTEM

VERTICAL GARDENING SYSTEM

is made from 100-percent recycled plastic water bottles. Soft-sided, breathable and modular, Woolly Pockets are ideal for both indoor and outdoor use; felt absorbs water and evenly wicks water down to plants’ roots, while an internal moisture barrier keeps water off walls. The felt-like material of these modular gardening containers easily attaches to wood, concrete, masonry and chain link. Product ... Read More »

Wal-Mart and Amazon Continue to Make Changes

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To say that Wal-Mart and Amazon have created a one-two power punch that fundamentally has reshaped the retail industry is part understatement and part duh. Wal-Mart has become the dominant bricks-and-mortar player, while Amazon is king online. Each has critics who blame its business practices for killing everything from mom-and-pop shops to big national chains. But experts say Wal-Mart’s and ... Read More »

Green Homes Becoming More Popular as Market Recovers

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Residential construction is a key engine behind economic growth in the United States. According to McGraw Hill Construction’s Dodge Construction Market Forecast, single and multifamily housing projects account for about 45% of the value of all construction projects started in the United States in 2014. With that market forecasted to grow rapidly in coming years, the green activity and drivers ... Read More »

FHA’s New Plan Means More Credit Available to Borrowers

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The Federal Housing Agency is taking steps to expand access to mortgage credit for underserved borrowers. Department of Housing and Urban Development Secretary Shaun Donovan told a gathering of the National Association on Realtors May 13 that lending to potential buyers with lower credit scores has fallen dramatically in recent years, and announced a plan for greater consumer access to ... Read More »

May Job Creation Marks Best 4-month Stretch Since Late 90s

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  May marks one of the best four-month stretches of job creation since the late 1990s, renewing optimism about the five-year-long recovery. According to the latest report from the Bureau of Labor Statistics, non-farm employment advanced a seasonally adjusted 217,000 in May, while April’s gain was revised down slightly. The increase of 282,000 was the best in more than two years. ... Read More »

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