DISTRIBUTORS/CO-OPS

Nuts and Bolts Hardware, a member of the True Value co-op, will open a new...

Handy Hardware Wholesale said it welcomed the bankruptcy court approval of its debtor in possession (DIP) financing loan modification that brings funding from Littlejohn Management Holdings. 

Littlejohn, which agreed to acquire Handy and shed its co-op structure as it emerges from bankruptcy, will provide a $4 million DIP loan, funding that will commence this week. 

True Value Company reported strong results in the second quarter, with a revenue boost of 4.5% driven largely by an expanded assortment of farm, ranch, automotive, pet, seasonal and plumbing products.

Reported revenue for the co-op was $429.5 million for the three months ended June 28, compared with $411.2 million year-over-year.

The Oak Brook, Ill.-based co-op reported fiscal 2012 revenues of $3.8 billion along with a strong fourth quarter.

The J.D. Power 2014 U.S. Home Improvement Retailer Store Satisfaction Study gave high marks to Oak Brook, Ill.-based Ace Hardware Corp.

J.D. Power’s ranking have Ace Hardware “Highest in Customer Satisfaction with Home Improvement Retail Stores” for the eighth year in a row. Ace has captured this ranking ever since the organization began this study eight years ago. 

A new hardware store is under construction in Chandler, Texas, the result of two years of land use preparations, according to an article in TylerPaper.com.

Average hardware store sales shrank 6.3% in 2008, according to the Home Improvement Research Institute...

Memphis, Tenn. -- Sessions on eliminating chargebacks and adjusting to changes in Electronic Data Interchange...