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How One Retailer Learned to Pivot While Succession Planning

How One Retailer Learned to Pivot While Succession Planning

by Lindsey Thompson | Oct 17, 2022 | Operational Insights

Chris Cummings thought he had all of his boxes checked when it came to succession planning. The owner of The Paint Center in Abilene, Texas, had hired two younger employees, Kinsey Brown and Anthony Martinez, with the intention of grooming them to take over the...
NHPA Independent Retailer Index Shows Increases in Transaction Size, Total Sales and Inventory Investment for Q2

NHPA Independent Retailer Index Shows Increases in Transaction Size, Total Sales and Inventory Investment for Q2

by Lindsey Thompson | Oct 13, 2022 | Industry News

The North American Hardware and Paint Association (NHPA), in partnership with The Farnsworth Group, has released results from the first Independent Retailer Index, a quarterly survey that measures key performance indicators in the independent home improvement channel....
Kelly-Moore Paint Co. Acquired by Flacks Group

Kelly-Moore Paint Co. Acquired by Flacks Group

by Lindsey Thompson | Oct 13, 2022 | Industry News

The Kelly-Moore Paint Co., a leading manufacturer and retailer of premium paints and coatings in the U.S., has been acquired by Flacks Group, a global investment firm based in the U.S. The purchase includes 157 retail stores across California, Nevada, Texas and...
Wild Wonder Named AkzoNobel’s 2023 Color of the Year

Wild Wonder Named AkzoNobel’s 2023 Color of the Year

by Lindsey Thompson | Oct 13, 2022 | Industry News, Trends & Products

AkzoNobel’s Color of the Year for 2023 is Wild Wonder, a hue inspired by the warm tones of harvested crops. The upbeat glow connects us with nature, creating a sense of energy and positivity.  As people search for support, connection, inspiration and balance in the...
Preparing Your Succession Planning Documents

Preparing Your Succession Planning Documents

by Lindsey Thompson | Oct 13, 2022 | Operational Insights

While you may not like to think about it, you need to plan for what will happen if you are abruptly unable to continue in leadership. To do this kind of succession planning, there are a variety of legal and financial documents you should have on hand at all times,...
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