Personnel Update:
City Mill Company of Honolulu named Ron De Leon as GMM responsible for all merchandise sold at the eight-store home improvement chain.
Do it Best Corp. promoted two new regional managers who will focus on building and strengthening member relationships in the eastern and southern United States .
The company named David Enmark Regional Sales and Business Development Manager for a large portion of the southern United States . Also, Do it Best Corp. named Rob Schmiedel Regional Sales and Business Development Manager for the Northeastern United States .
Home Depot named Teresa Wynn Roseborough Exec VP, General Counsel, and Corporate Secretary.
Home Depot announced that now former VP Facilities, Matthew Pitts has left the company and joined SMS Assist as COO.
Lumber Liquidators announced that Carl Daniels has joined the company as Senior VP Supply Chain. Daniels most recently served as senior VP supply chain and operations at Harbor Freight Tools.
ProBuild Holdings has announced that Joseph Todd has left the company. He was the Exec VP Specialty Distribution and Pricing.
Industry Insight:
Congleton Lumber is relocating into a new facility with a larger showroom in Lexington , Ky. The new facility will have an expanded showroom that goes beyond stand-alone kitchen and bath displays.
Home Depot opened its first store on the Caribbean island of St. Croix .
Keeler’s Hardware store in Wilton , Conn. , has closed its doors.
Lowe’s is in the process of closing 20 underperforming stores in 15 states and slowing down its rate of new-store development. Ten locations have already shuttered, while the remaining 10 will be closed in about a month, after closing sales.
The stores are affected by the closing are in Los Banos, Calif.; Westminster, Calif.; Denver; Aurora, Ill.; Oswego, Ill.; Chalmette, La.; Haverhill, Mass.; Biddeford, Maine; Ellsworth, Maine; Ionia, Mich.; Rogers, Minn.; Claremont, N.H.; Hooksett, N.H.; Manchester, N.H.; Old Bridge, N.J.; Batavia, N.Y.; N. Kingstown, R.I.; Emporia, Va.; S. Tacoma, Wash.; and Brown Deer, Wis.
The company also stated it is slowing down its rate of new store openings and canceling some projects that were in the pipeline. Instead of a new store-opening rate of about 30 per year, Lowe’s expects to open 10 to 15 new stores per year in North America starting in 2012. About 1,950 jobs will be lost.
National Ace Hardware is closing its store at
ProBuild has announced the closings or consolidations of 12 of its locations across the country. The company will be exiting three markets, consolidating operations in three markets and eliminating lines of business in three markets. Most of the closures are expected to take place by Nov. 15, 2011. The company will make market exits in Yorkville and Westmont, Ill. ; Columbia , S.C. ; and South Fork, Colo. It plans market consolidations in Granite Falls , Sedro Woolley, Coupeville, Bonney Lake and Moses Lake, Wash., and Cherry Hill , N.J.
Real Estate:
National Supply & Hardware closed its store at 3555 S. Howell Ave. National recently sold the building to a developer who plans to a Dollar Tree store in the 14,000-square-foot space. All nine Howell Ave. employees are being offered jobs at National’s other two stores, 1303 N. 4th St. and 1310 W. Burnham St .