Hardware Retailing

AUG 2017

Hardware Retailing magazine is the pre-eminent how-to management magazine for small business owners and managers in the home improvement retailing industry.

Issue link: http://hardwareretailing.epubxp.com/i/852196

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Page 107 of 114

August 2017 | HARDWARE RETAILING 101 Former Home Depot CEO: Don't Get Complacent Former Home Depot CEO Bob Nardelli recently spoke about how Home Depot has found success in both traditional and online retailing. TheRedT.com/nardelli Sears Canada Files for Bankruptcy Protection Sears Canada has filed for bankruptcy protection in an effort to continue operations. TheRedT.com/sears-canada-bankruptcy Ace Hardware Acquires Another Big-Box Executive Ace Hardware has announced a second big-box executive hire, recruiting Lisa Doyle from Lowe's to serve as its new head of retail training. TheRedT.com/lowes-exec-ace CANADA BMR's Renovation Part of Wider Initiative Potvin & Bouchard recently inaugurated its new store in Chicoutimi, Quebec. The CA$3.1 million investment included a complete renovation of the 50,000-square- foot store. The project is part of an effort to improve store design for all 15 Groupe BMR corporate stores. First RONA Conversion to Lowe's Brand Opens in Alberta Lowe's Canada opened the first of its new model stores in June in Edmonton, Alberta. With DNA from both RONA and Lowe's, the new store features a more locally oriented product offering than Lowe's has typically carried and continues RONA's contractor expertise. Lowe's trademark categories, such as appliances and outdoor furniture, figure prominently in the new store. Home Hardware Looks for New Members, Builds Larger Stores Home Hardware is seeking new members and is supporting existing ones who are interested in expanding. "Our growth strategy is multipronged and focuses on banner conversions, store expansions, market consolidations, greenfield opportunities and store acquisition," Dunc Wilson, national director of business development, says. Kenroc Celebrates 50 Years In the mid-1960s, the way houses were being built in North America changed dramatically. Drywall was becoming the norm, but it was prone to breakage, making it difficult to handle and ship. Ken Sexton started Kenroc Building Supplies as a drywall supplier in 1967. For the full story of each of these briefs, visit hardlines.ca/hardwareretailing. Start your week off right with the Hardware Retailing newsletter, which is packed with the latest industry news, retailer stories and association updates. Sign up now to get the newsletter delivered to your inbox every Monday. To subscribe to the newsletter, visit hardwareretailing.com/subscribe. Make Mondays Matter Operational Tips New Products Industry News

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