2 minute read

News Map

News Map: Openings, Closings & Acquisitions

Illustration of retailers and dealers in various stages of coming and going. For more retail news, visit HBSDealer.com.

OPENING CLOSING AQUISITION

CALIFORNIA Sacramento

Emigh Ace Hardware and Emigh’s Outdoor Living will jointly fill an El Dorado Hills location formerly occupied by a CVS Pharmacy. The hardware store will take up about 12,000 sq. ft., while Emigh’s Outdoor Living store-within-a-store will fill some 6,500 sq. ft. The Emigh family opened its first hardware store in downtown Sacramento back in 1908. CONNECTICUT

CALIFORNIA Morgan Hill

Hale Lumber Co., which for more than half a century used the attention-grabbing marketing slogan “Go to Hale,” closed its doors. The Morgan Hill lumberyard was sold to make way for a residential development and a more pedestrianfriendly downtown. PENNSYLVANIA

Stamford

Massachusettsbased Rocky’s Ace Hardware’s store count swelled to 38 with the acquisition of Karp’s Ace Hardware in Stamford, Connecticut. Karp’s is a 97-year-old, third-generation retailer. Rocky’s celebrated its 95th anniversary throughout 2021. Allensville

Your Building Center (YBC) is acquiring Allensville Planning Mill, operator of three True Value Hardware and building supplies locations in central Pennsylvania. Altoona, Pa.-based YBC, an employee owned company, operates 17 locations, in addition to the Allensville acquisition.

made in america* ƒ

THREE WORDS NOT EVERYONE CAN SAY

Dear Dealers,

Thank you, on behalf of all the employees of STIHL Inc. We are proud to manufacture, market and distribute the number one selling brand of chain saw worldwide and the number one brand of gasoline-powered handheld outdoor power equipment among landscape professionals in America.**

We are also incredibly proud that the majority of products we sell in the U.S. are actually made here in Virginia Beach, VA.

2021 brought significant challenges for all of us, but we stayed STIHL Strong and experienced another record sales year! This success was in large part, due to the tremendous efforts of STIHL Dealers, and we thank you.

While none of us can be certain what the future will bring, we will not let uncertainties slow us down. We continue to work diligently to overcome supply chain challenges as we plan in 2022 for more new products in our expanding battery range and groundbreaking enhancements to our gas range.

Thank you again for your continued support. We send our best wishes for a safe and prosperous year. Together we will remain STIHL Strong in 2022.

Sincerely,

The Employees of STIHL Inc.

This article is from: