Content about The Co-operative Group

January 16, 2012

Mydoitbest.com, the Fort Wayne, Ind.-based co-op's member-exclusive communication portal, is receiving a facelift and a makeover.

According to the co-op, the new enhancements include a cleaner look, a smoother interface, streamlined navigation and enhanced search capabilities.    

The site is currently undergoing testing and fine-tuning, guided by member feedback. It is expected to go live in the next one or two weeks, the co-op said.

October 15, 2011

Denver -- Ace Hardware stores are showing strong same-store sales, while the distributor's wholesale sales are running ahead of the budgeted 3% growth, CEO Ray Griffith told dealers.

Speaking Saturday morning at the General Session of the co-op's 2011 Convention & Exhibits here at the Colorado Convention Center, Griffith said data from about 3,000 Ace stores show a 2.4% comparable-store sales increase over last year. In each of the last four months, the stores showed comp-sales increases of more than 4%. 

September 28, 2011

Sometimes it’s the little things that make the biggest differences. Then again, sometimes it’s the big things.


The Fort Wayne, Ind.-based Do it Best Corp., fresh from its October Market in Indianapolis, is advancing a slate of initiatives both large and small. Projects range from reprinting its field staff’s business cards to building what it calls a digital World Class Commerce Center. And as CEO Bob Taylor sees it, they are all in service of one overarching goal: serving the members. 


Let’s start with the big plans first. 


September 25, 2011

Philadelphia -- True Value Co. CEO Lyle Heidemann presented some positive numbers during the co-op's Fall Market general session, as he encouraged members to remain visible to their customers.

Speaking here Friday morning at the Pennsylvania Convention Center, site of the company's fall market, Heidemann pointed to positive recent sales gains across the co-op. Since the third week of May -- a starting point selected because it was the beginning of this year's delayed spring -- retail sales are up 4.3% at True Value, with every department positive, he said.

August 31, 2011

True Value CEO Lyle Heidemann offered some friendly advice to a reporter recently. “Bring your camera to Philadelphia this year,” he said. 


Philadelphia is the site of the Chicago-based co-op’s Fall Market, Sept. 23 to 25. Here, True Value will be displaying its Destination True Value store design and format for smaller stores. In the Philadelphia and nearby East Coast markets, the co-op is expecting strong attendance from dealers with smaller-than-average footprints. 


June 29, 2011

Do it Best Corp. has promoted Marty Bailey to a new position in charge of the co-op's World Class Commerce Center initiative. The Fort Wayne, Ind.-based co-op also promoted Gary Hoffmann to the position of national advantage program manager.

March 30, 2011

In addition to glossy case studies of growing members, Chicago-based True Value Co.'s freshly released 2010 Annual Report forecasts a sixth straight "consistent patronage dividend" in 2011.

The report's letter to retailers, co-signed by CEO Lyle Heidemann and chairman Brian Webb, also forecasts about 40 line reviews this year. Another forecast is for an additional 1.25 million sq. ft. of Destination True Value retail space, up from the 900,000 sq. ft. that was added in 2010.

February 2, 2011

Orlando, Fla. -- At True Value Co., a national gift card program and a re-launched True Value Rewards Program are among the marketing moves designed to drive revenue and profit for members, according to Carol Wentworth, VP marketing for the Chicago-based co-op.

The gift cards represent a move -- along with the co-op's launch of e-commerce in November -- to better compete in today's world of retailing, she said, and deliver what the customer expects.

January 31, 2011

Orlando, Fla. -- Chicago-based hardware co-op True Value Co. reported wholesale revenues increased 2.3% in the fourth quarter of 2010, and retail revenues increased 4.6% for the quarter.

CEO Lyle Heidemann delivered the preliminary results to True Value members during the General Session of the co-op's 2011 Spring & Rental Market held here in Orlando. 

"Our fourth quarter results should give us some momentum going into 2011," Heidemann said. 

October 27, 2010

Fort Wayne, Ind.-based co-op Do it Best Corp. added some of its own analysis to...

September 5, 2010

Home Channel News recently asked Do it Best Corp. President and CEO Bob Taylor what...

May 18, 2008

The Do it Best May Market officially unveiled the co-op’s new green-focused “EnviroLINK” program and...

April 13, 2008

In mid-March, True Value senior vp and chief merchandising officer Steve Mahurin was in his...

March 16, 2008

Fusek’s True Value in down town Indianapolis shares a parking lot with Marsh Supermarkets, the...

October 21, 2007

Thousands of True Value retailers from across the country are expected to attend the co-op’s...

September 23, 2007

There’s no industry more wrapped up in the co-op model than hardware retailing....

September 23, 2007

On Sept. 13, Do it Best released its 2007 year-end financials, reporting annual sales of...

July 15, 2007

MUNDELEIN, ILL. ...

June 27, 2007

During the 2007 annual meeting of the American Hardware Manufacturers Association, value emerged as a theme....

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