Personnel Updates

• Ace Hardware is bringing in John Sommers, a Home Depot vet, as its new VP of Merchandising, effective July 10.

McCoy’s Building Supply promoted Joshua Whitley to Controller.

Mills Fleet Farm named Derick Prelle as its new President and CEO.

Sears Holdings President of Online, Stephan Zoll, has left the company.


Industry Insight

Boise Cascade Company is marking its 60th anniversary as a combined organization.

Lowe’s laid off approximately 120 IT workers; some of the functions will be offshored to India.

Orgill announced that its new distribution center in Post Falls, ID is open for business.


Mergers and Acquisitions

PPG has called time on its ill-fated bid to acquire Akzo Nobel.

Sherwin Williams received Federal Trade Commission approval to acquire Valspar, contingent on the company’s selling Valspar’s North America Industrial Wood Coatings business.