Sears to buy Orchard Supply Hardware
Article Abstract:
The announcement by Sears, Roebuck and Co that it plans to acquire Orchard Supply Hardware of San Jose, CA took many in the hardware and home building supplies industries by surprise. Although Sears had announced that it planned to expand the number of its stores from 115 in 1996 to 500 by 2000, many expected Sears acquisition targets to be Hechinger or Builders Square. Sears is expected to pay $35 each for Orchard's 8.8 million shares stock.
Publication Name: Home Improvement Market
Subject: Home and garden
ISSN: 0162-5896
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Flexibility fuels Do it Best Vision
Article Abstract:
Hader Hardware and Henery Do it Best Hardware successfully implemented Hardware Wholesalers Inc's newest store format called Do it Best Vision. HWI's two-level Do it Best Vision store program is less restrictive than the Do it Center store program, requires lower implementation costs, and it suits independents with little investment capital. Do it Best Vision members can purchase merchandise only through a lumber buying group.
Publication Name: Home Improvement Market
Subject: Home and garden
ISSN: 0162-5896
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Orchard Supply Hardware: Sears eyes California prize
Article Abstract:
The decision by Sears, Roebuck & Co to acquire San Jose, CA-based Orchard Supply Hardware has surprised many in the home improvement industry. Orchard is a company that owes its success to attention to detail, excellent customer service, discipline and efficiency. Company president and CEO Maynard Jenkins notes that Orchard has managed to survive and thrive in the face of competition from such retailers as Home Depot.
Publication Name: Home Improvement Market
Subject: Home and garden
ISSN: 0162-5896
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: 15 years of great bottles. Meatless meals for springtime. Homemade condiments to relish
- Abstracts: Sears tests Orchard concept in Ohio. Barbara Fitzgerald. Consistency, customer loyalty drive Sears Hardware
- Abstracts: Cotter unveils Triad alliance, international facility. Cotter, Servistar announce merger. Cotter promos build name recognition
- Abstracts: Kitchen & Bath show bustles in Atlanta. Customers are the first to know if a retailer's bluffing. Share of mind is a terrible thing to waste
- Abstracts: Efficiency rules at HWI. Mr. HWI. Tension mounts among co-ops as Ace aggressively recruits