National Hardware Show launches auction concept

The National Hardware Show for the first time is bringing an auction format to the three-day industry event.

During the May 5-7 show in Las Vegas, hundreds of different product lots will be sold from a wide range of new, overstock, discontinued, seasonal change, and packaging change products from all National Hardware Show product categories at discounted prices.

The launch of the Spring 2015 Outdoor Supply Auction is the result of a partnership between the National Hardware Show and RNO Exhibitions.

“This is an exciting new concept that is complementary to the National Hardware Show and enables our brand to continue to meet the industry’s need for platforms to grow their business,” said Richard Russo, National Hardware Show industry VP. “Extensive research revealed a strong opportunity and together with RNO we have built an auction event to meet this need.”

The auction marks a new buying opportunity for all National Hardware Show attendees. No sign up fee is required, and there is no minimum involved.

“The National Hardware Show and their parent company, Reed Exhibitions, are worldwide leaders of event planning and a true innovator in the trade show industry,” said RNO President Vince Webb. “Their participation brings to mind one word: ‘success.’”

According to both companies, the intent of the partnership is to bring the best of what the trade show industry has to offer and blend it with the excitement and certainty of sale at auction.