Openings, closings and acquisitions
Here’s a selection of recent hardware-and-building-supply store openings, closings and acquisitions from around the country.
- Closing: Kenny Rowlands, owner of Young’s True Value Hardware of Columbia, S.C., expects the last day for his store on Two Notch Road will be Aug. 14. Rowlands took ownership of the store in 1979, and it was simply time to retire, according to the press report. The store has been operating for 49 years. (Source: WISTV.com)
- Closing: Filbin’s Ace Hardware in Hazel Dell, Wash., will close its doors. Owner Mike Filbin pointed to the construction of a new traffic safety median as the reason for a sharp drop in customer traffic. The store opened in 2009. (Source: The Columbian)
- Acquired: The Clouse family, including brothers Brandon, Byron and Ryan, held a ribbon-cutting ceremony for the opening of the new Ace Hardware Store in Auburn, Mich. The store doubled its inventory and added 3,500 sq. ft. of retail space. The family owns six stores, all in Michigan, with plans for a seventh by the end of the year. (Source: Midland Daily News)
- Closing: Holley True Value hardware in Selma, Ala., is closing. The store has been owned and operated by the Holley family since the 1960s. It is expected to close sometime in August. Owner Alden Holley is reportedly pursuing a career move. (Source: Alabama News)
- Opened: Rochelle Ace Hardware celebrated its grand opening. The Rochelle, Ill., store is owned by Chris Amir, who oversaw a full store reset that includes a home décor section, apparel (spirit wear) and a selection of retro soda. (Source: Rochelle News-Leader)