{"id":11218,"date":"2018-12-19T10:59:22","date_gmt":"2018-12-19T15:59:22","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=11218"},"modified":"2018-12-19T10:59:22","modified_gmt":"2018-12-19T15:59:22","slug":"datatrac-home-center-hardware-chains-december-2018","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2018\/12\/datatrac-home-center-hardware-chains-december-2018\/","title":{"rendered":"DATATRAC: Home Center and Hardware Chains \u2013 December 2018"},"content":{"rendered":"<h4><strong>Personnel Updates<\/strong><\/h4>\n<p><strong>\u2022 Do It Best Corp. (135) <\/strong>named Nicole Green Merchandise Manager for Outdoor Living; Michael McCoy Merchandise Manager for Outdoor Recreation and Safety; and Lauren Wilson Rental, Impulse, Snacks and Store Supplies. The company also named Mike Ter Molan as Director of LBM Operations.<\/p>\n<p><strong>\u2022 Friedman&#8217;s Home Improvement (16) <\/strong>brought in Charley Johnson to fill the newly created role of VP Pro and Design Services. Johnson joins the company from Best Buy. Richard Morano joined the company to fill another newly created position, that of VP of IT. He comes from <strong>Orchard Supply. <\/strong>Finally, Joe Covert joined the Friedman\u2019s team as VP of Merchandising from retailer Restoration Hardware.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>Financial Focus<\/strong><\/h4>\n<p><strong>\u2022 Beacon Roofing <\/strong>announced FYE 9\/30\/18 total sales increased 46.6% to a record of $6.42B up from $4.38B in 2017.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>Industry Insight<\/strong><\/h4>\n<p><strong>\u2022 Carter Lumber <\/strong>has signed a partnership agreement with <strong>True Value, <\/strong>citing True Value\u2019s move away from the co-op model as making the deal possible.<\/p>\n<p><strong>\u2022 Friedman&#8217;s Home Improvement<\/strong> opened of a distribution facility in Windsor, CA to serve the pros with job- site direct delivery.<\/p>\n<p><strong>\u2022 Lowe\u2019s <\/strong>opened a new $150 million, 1.1-million-square-foot direct fulfillment center in Coopertown, TN.<\/p>\n<p><strong>\u2022 Lowe\u2019s<\/strong> will end operations in Mexico in another move to focus on its core business.<\/p>\n<p><strong>\u2022 Sears Hometown and Outlet Stores\u00a0<\/strong>will close 80-100 stores in the 4<sup>th<\/sup> quarter.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>Mergers and Acquisitions<\/strong><\/h4>\n<p><strong>\u2022 US LBM <\/strong>acquired<strong> Deering Lumber, <\/strong>a 3-unit operation in Maine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Personnel Updates \u2022 Do It Best Corp. (135) named Nicole Green Merchandise Manager for Outdoor Living; Michael McCoy Merchandise Manager for Outdoor Recreation and Safety; and Lauren Wilson Rental, Impulse, Snacks and Store Supplies. The company also named Mike Ter Molan as Director of LBM Operations. \u2022 Friedman&#8217;s Home Improvement (16) brought in Charley Johnson&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2018\/12\/datatrac-home-center-hardware-chains-december-2018\/\">Continue reading <span class=\"screen-reader-text\">DATATRAC: Home Center and Hardware Chains \u2013 December 2018<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[11],"class_list":["post-11218","post","type-post","status-publish","format-standard","hentry","category-home-hardware","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/11218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=11218"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/11218\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=11218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=11218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=11218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}