Home Hardware Explained

Home Hardware Stores Ltd.
Logo Upright:0.7
Type:Private
Foundation: St. Jacobs, Ontario, Canada
Location:St. Jacobs, Ontario
Key People:Kevin Macnab (CEO)
Industry:Retail
Products:Retail hardware supplies, lumber and building materials, home furniture.

Home Hardware Stores Ltd. is an independent home improvement retailer located in Canada. Co-founded by Walter Hachborn in 1964, and headquartered in St. Jacobs, Ontario, the company has close to 1,100 stores that operate under one of four banners: Home Hardware, Home Hardware Building Centre, Home Building Centre, and Home Furniture.[1] [2]

History

Walter Hachborn and his partner Henry Sittler organized the first meeting of independent store owners at a hotel in Kitchener, Ontario in 1963. On January 1, 1964, 122 independent Ontario hardware retailers purchased Hollinger Hardware Limited in St. Jacobs, Ontario, resulting in the formation of a 100% Dealer-owned business model.

On November 9, 1967, Home Hardware’s name and logo became official. In 1981, Home Hardware merged with western-Canada-based Link Hardware to create a national chain.

Home Hardware Stores Limited expanded through the purchase of Beaver Lumber in 1999 after acquiring the chain from Molson Brewery for $68 million.[3]

Leadership

Founding CEO, Walter Hachborn retired from the day-to-day operations in 1988.[4] He held the title of President Emeritus until his passing on December 17, 2016, at the age of 95.

Paul Straus joined Home Hardware Stores Limited in 1964. He held various roles during his tenure with the company, including Vice-President Controller, and Vice-President, Finance and Administration. In 1989, Paul was named Executive Vice-President and General Manager. Ten years later, he was appointed Vice-President and Chief Executive Officer. Paul retired in 2018 but remained on as a company consultant.

Terry Davis started at Home Hardware Stores Limited in 1970. He held executive roles from 1990 to 2000, including Vice-President, Marketing, and Vice-President, Dealer Development. In 2007, Terry was appointed Vice-President, Administration and Strategic Planning. In 2014, Terry was named Chief Executive Officer. He was appointed President and Chief Executive Officer in 2018 but announced his retirement later that year.

On October 10, 2018, Home Hardware Stores Limited appointed Kevin Macnab as the company’s President and Chief Executive Officer.[5]

Store banners

Home Hardware Stores Limited has close to 1,100 stores that operate under one of four banners:[6]

Distribution centres

Home Hardware has four distribution centres[7] located across Canada: St. Jacobs, Ontario;[8] Elmira, Ontario; Debert, Nova Scotia;[9] and Wetaskiwin, Alberta. Approximately 2.5 million square feet of combined warehousing space holds over 50,000 products.

Brands

Home Hardware private label brands include:

Awards

Awards granted to Home Hardware Stores Limited include:

Notes and References

  1. Web site: History of Home Hardware . 2023-10-02 . Home Hardware . en.
  2. News: 2017-01-09 . Walter Hachborn co-founded Canadian chain Home Hardware . en-CA . The Globe and Mail . 2023-10-02.
  3. News: 1999-08-21 . Home Hardware Stores to Take Over Beaver Lumber . en-US . The New York Times . 2023-10-02 . 0362-4331.
  4. Web site: 2010-04-30 . Hachborn retires from HH . 2023-10-02 . The Observer . en.
  5. Web site: Home Hardware Appoints New President and CEO . 2023-10-02 . Home Hardware . en.
  6. Web site: Four Different Types of Stores . 2023-10-15 . Home Hardware . en.
  7. News: 2017-08-23 . How quirky Home Hardware is battling the big-box chains—and winning . en-CA . The Globe and Mail . 2023-10-15.
  8. Web site: 2016-10-01 . CTV Kitchener: Home Hardware's distribution centre . 2023-10-15 . Kitchener . en.
  9. Web site: Home Hardware’s new warehouse management system is up and running - Newsletter . 2023-10-15 . Hardlines . en-CA.
  10. Web site: BeautiTone . 2023-10-15 . Home Hardware . en.
  11. Web site: November 16, 2021 . Christopher . Lombardo . Benchmark is next in Home Hardware’s plan to build up private brands . 2023-10-15.
  12. Web site: Home Hardware launches private brand campaign . 2023-10-15 . Hardlines . en-CA.
  13. Web site: For the 11th Consecutive Year, Home Hardware is one of Canada’s Best Managed Companies . 2023-10-02 . Home Hardware . en.
  14. Web site: Sxchwarz . Alan . Canada's Best Employers For Diversity 2023 . 2023-10-02 . Forbes . en.
  15. Web site: Home Hardware Stores Limited Recognized by Forbes as One of Canada’s Best Employers for Third Year in a Row . 2023-10-02 . Home Hardware . en.
  16. Web site: June 23, 2023 . PMTC & Aviva Award Private Fleets for Safety Performance . October 2, 2023 . Private Motor Truck Council of Canada.
  17. Web site: Meet the Top Fleets . 2023-10-15 . Trucking HR Canada . en-US.
  18. Web site: Trucking HR Canada Honours Top Fleets at Awards Gala - Canadian Trucking Alliance . 2023-10-20 . en-US.
  19. Web site: May 2, 2022 . Gustavson Brand Trust Index 2022 - Most Trusted Brand in Canada . October 15, 2023 . Gustavson School of Business, University of Victoria.
  20. Web site: Waterloo Area's Top Employers (2023) . 2023-10-15 . www.canadastop100.com . en-US.
  21. Web site: Froderman . Carly . 2022-04-11 . Home Hardware Ranks 40th in National Reputation Study . 2023-10-15 . Hardware Retailing . en-US.
  22. Web site: Home Hardware tops category in retail study . 2023-10-15 . Hardlines . en-CA.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Home Hardware".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.