HBSDaily

The board of directors at the Sherwin-Williams Company elected Matthew Thornton III as its newest member.

Effective July 16, Thornton will join the board as its tenth director, as well as a member of its audit committee.

In a statement following the recent ho-hum employment situation report, the National Retail Federation (NRF) CEO said the “economy continues to sputter along.”

NRF President and CEO Matthew Shay said. “Employers and retailers are adding to their payrolls and ranks, but still remain guarded. The business community is hiring yet waiting for stronger signs of sustained economic growth before extending too many job offers.”

IKEA builds Indiana’s largest retail solar rooftop.

Growing demand in the region means there's a need for better, faster equipment.

Boise, Idaho-based BMC announced the closing of its $250 million aggregate principal amount private offering of Senior Secured Notes due 2018.

BMC used the net proceeds of the Senior Secured Notes offering to refinance its term loan, pay down its asset-based lending revolver, and pay related fees and expenses. BMC intends to use the remainder of the net proceeds for general corporate purposes. 

Porch just launched something kind of different: a loyalty program for home services professionals.

The National Retail Federation sent a message of encouragement to the government, which it praised for its attention to the ongoing patent troll case while urging Congress to solidify protections for retailers.

Saddle Brook, N.J.-based Arrow Fastener Co., manufacturer of manual and electric staples, nail guns, and glue and rivet tools, has named Roberto Izaguirre as VP sales.