Personnel Updates

84 Lumber named the individuals who will head up three of its four newly realigned divisions – Billy Ball (VP, Southeast), Dave Dahl (VP, Mid-Atlantic) and Rob Woodrow (VP, Southwest).

Ace Hardware Corporation appointed Lisa Doyle (formerly of Lowe’s) as Head of Retail Training.

Cedar Creek Inc. brought in Mike Wardlow as Director, Engineered Wood Products.

Do it Best Corp. named John Wade to the newly created post of National Product Sales and New Business Development Manager.

Huttig Building Products named Kevin Brennan as its new VP, West Region.


Industry Insight

84 Lumber has reorganized operations into four divisions, Central, Mid-Atlantic, Southeast and Southwest.

Sears Canada entered bankruptcy and announced the closing of 45 stores, including Sears, Sears Home and Sears Outlet locations.

True Value has dismissed reports of a potential sale of the company as “rumors,” while both Ace Hardware and Do It Best Corp. have made statements of interest should the rumors prove true.

Westlake Ace Hardware reached the 100-store milestone with the acquisition of two Omaha-area stores.


Mergers and Acquisitions

ABC Supply Co. acquired Capstone Supply, expanding its reach in the Cincinnati and Columbus, OH markets.

The Home Depot is set to acquire longtime partner Compact Power Equipment in a deal that will close in Q2.

Lowe’s Companies completed the acquisition of Maintenance Supply Headquarters.


Real Estate

Kuiken Brothers completed the expansion of its Emerson, NJ facilities.

Sears debuted a new banner – Sears Appliances & Mattresses – in Pharr, TX.