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]
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.[1]
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.[2]
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.[1]
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.[4] Ten years later, he was appointed Vice-President and Chief Executive Officer.[1] 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.[4] In 2007, Terry was appointed Vice-President, Administration and Strategic Planning. In 2014, Terry was named Chief Executive Officer.[1] 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]
Home Hardware stores offers housewares, hand and power tools, plumbing and electrical products, paint and painting items, sporting goods, automotive materials, as well as farm and garden supplies.
Home Building Centre stores offer a range of products for home renovation, repair, and maintenance projects, including building materials and plans. Lumber, paint, hand and power tools, as well as plumbing and electrical supplies, are also available.
Home Hardware Building Centre locations provide a range of both hardware and building centre products. Lumber, tools, paint, plumbing and electrical supplies, and building materials are available, along with housewares, sporting goods, automotive items, and lawn and garden products.
The Home Furniture banner offers furniture (from casual to formal), major appliances, and accessories.
Distribution centres
Home Hardware has four distribution centres[7] located across Canada: St. Jacobs, Ontario;[8] Elmira, Ontario;[7] Debert, Nova Scotia;[9] and Wetaskiwin, Alberta.[7] Approximately 2.5 million square feet of combined warehousing space holds over 50,000 products.
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