{"id":6473,"date":"2016-03-17T09:58:24","date_gmt":"2016-03-17T09:58:24","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=6473"},"modified":"2016-03-17T09:58:24","modified_gmt":"2016-03-17T09:58:24","slug":"datatrac-home-center-and-hardware-chains-march-2016","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2016\/03\/datatrac-home-center-and-hardware-chains-march-2016\/","title":{"rendered":"DATATRAC: Home Center and Hardware Chains \u2013 March 2016"},"content":{"rendered":"

DATA<\/span><\/strong>TRAC <\/span><\/strong><\/span><\/em><\/p>\n

Personnel Updates<\/strong><\/span><\/p>\n

\u2022<\/span><\/strong> Beacon Roofing Supply <\/strong>announced the hiring of Gregory Jorgensen as VP Chief Accounting Officer. Mr. Jorgenson will join the company on 3\/28\/2016.<\/p>\n

\u2022<\/span><\/strong> House-Hasson Hardware<\/strong> announced three promotions: Steve Henry promoted from Manager Credit to Senior VP, Patrick McCutcheon promoted from Regional Manager to VP Sales and Jayson Monroe was promoted from Merchandising Manager to VP Merchandising.<\/p>\n

\u2022<\/span><\/strong> Lumber Liquidators<\/strong> announce the hiring of Dennis R. Knowles as COO.<\/p>\n

\u2022<\/span><\/strong> Lumbermens Merchandising <\/strong>announced the hiring of Paul Ryan as Senior VP Finance & Technology. He takes the place of Dave Gonze who will be retiring after 38 years in April.<\/p>\n

\u2022<\/span><\/strong> Mills Fleet Farm<\/strong> announced that Duncan Mac Naughton will become the new CEO effective upon the closer of the acquiring of global investment firm KKR. The company also announced that Hugh Leasum will assume the position of COO.<\/p>\n

\u2022<\/span><\/strong> Snavely Forest Products<\/strong> announced the hiring of Bill Georgelis as Senior Sales & Marketing Manager.<\/p>\n

\u2022<\/span><\/strong> Tractor Supply <\/strong>announced the promotion of <\/strong>Benjamin F. Parrish, Jr. to Executive VP\u00a0 General Counsel,\u00a0 Real Estate and Construction and the promotion of Kurt D. Barton to Senior VP Controller.<\/p>\n

\u2022<\/span><\/strong> True Value<\/strong> announced the promotion of Heath Ashenfelter from VP Merchandising to VP Chief Merchandising Officer.<\/p>\n

Industry Insight<\/strong><\/span><\/p>\n

\u2022<\/span><\/strong> 84 Lumber <\/strong>has a new line of tiny homes \u2018Tiny Living by 84 Lumber<\/strong>\u201d. The new line of tiny homes measure approximately 200 square feet and are custom built. The homes come in a variety of styles from cottage to high-end modern design.<\/p>\n

 <\/p>\n

Real Estate<\/strong><\/span><\/p>\n

\u2022<\/span><\/strong> Lowes <\/strong>announced they expect to open 45 new locations in fiscal year 2016. As of 1\/29\/2016. Lowe\u2019s<\/strong> operated 1,857 locations in the U.S., Canada and Mexico.<\/p>\n

\u2022<\/span><\/strong> MarJam <\/strong>is expanding into Long Island. The kitchen and flooring showroom is located in Riverhead at 58 Mill Rd. The company combined the two locations from Greenport (kitchen showroom) and Mattituck (flooring showroom) to\u00a0 make the combo location.<\/p>\n

 <\/p>\n

Financial Focus<\/strong><\/span><\/p>\n

\u2022<\/span><\/strong> Ace Hardware<\/strong> announced sales of $5.0 billion for Fiscal Year End (FYE) 1\/2\/2016. This is a 7.3 percent increase over fiscal year 2014. Ace Hardware<\/strong> operates 4,311 locations as of FYE 1\/2\/2016.<\/p>\n

\u2022<\/span><\/strong>Huttig Building Products<\/strong> announced sales of $659.6 million for Fiscal Year End (FYE) 12\/31\/2015. This is a 6% increase over FYE 2014.<\/p>\n

\u2022<\/span><\/strong> Lowes <\/strong>announced sales of $59.1 billion for Fiscal Year End (FYE) 1\/29\/2016.\u00a0 This is a 5.1 percent increase over FYE 2014. Lowe\u2019s<\/strong> operated 1,857 locations in the U.S., Canada and Mexico as of 1\/29\/2016.<\/p>\n

\u2022<\/span><\/strong> Lumber Liquidators<\/strong> announced sales of $978.8 million for Fiscal Year End (FYE) 12\/31\/2015. Lumber Liquidators<\/strong> operated 374 in the U.S. and Canada as of 12\/31\/2015.<\/p>\n

\u2022<\/span><\/strong> Restoration Hardware<\/strong> announced sales of $2.1 billion for Fiscal Year End (FYE) 1\/30\/2016. This is a 13% increase over last fiscal year.<\/p>\n

\u2022<\/span><\/strong> The Home Depot<\/strong> announced sales of $88.5 billion for Fiscal Year End (FYE) 1\/31\/2016. This is a 6.4 percent increase over FYE 2014. The Home Depot<\/strong> operated 2,274 locations as of 1\/31\/2016.<\/p>\n","protected":false},"excerpt":{"rendered":"

DATATRAC Personnel Updates \u2022 Beacon Roofing Supply announced the hiring of Gregory Jorgensen as VP Chief Accounting Officer. Mr. Jorgenson will join the company on 3\/28\/2016. \u2022 House-Hasson Hardware announced three promotions: Steve Henry promoted from Manager Credit to Senior VP, Patrick McCutcheon promoted from Regional Manager to VP Sales and Jayson Monroe was promoted… Continue reading DATATRAC: Home Center and Hardware Chains \u2013 March 2016<\/span><\/a><\/p>\n","protected":false},"author":1,"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-6473","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\/6473","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=6473"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/6473\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=6473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=6473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=6473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}