Throwback Thursday is a regular weekly feature in which we dip into the archives of the Hardlines Weekly Report.
Twenty-five years ago, the industry was upended by changes in hardware distribution. In 1999, Home Hardware had announced that it was buying Beaver Lumber’s 138 stores from Molson Cos. for $68 million. Ace Canada had acquired the contract to supply Beaver Lumber with hardware back in 1994. After the acquisition of Beaver, Home Hardware obviously wanted to supply hardware to its new prize on its own. We reported, in our March 20, 2000, issue that “Ace Hardware Canada’s deal to supply hardware to Beaver Lumber will terminate before its scheduled deadline of June 1, 2001.”
