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Tuesday, May 20, 2008

TRUSERV CANADA BANKS ON HARDWARE SEGMENT

With the addition of eight new stores, 11 renovations of existing stores and 12 dealer-to-dealer transactions of existing businesses in 2007, TruServ Canada’s support of the independent remains brisk—especially on the hardware side of its business, which was up 6 percent last year.

Bill Morrison, president and CEO of the western-based distributor, anticipates a healthy year ahead, as well. Although central Canada is bracing for a slowdown, TruServ’s dealer base, which is strongest in the still-booming West, expects 18 new stores in 2008. Support of existing stores will continue as well, with 22 renovations already on the books.

Hot categories at the latest TruServ Canada show included small appliances and home care products. “This business continues to grow,” said Terry Derraugh, vice president- merchandising.

The centerpiece of market’s new offerings was the launch of the company’s “Be Earth Smart” program, designed to assist highlight environmentally friendly products in stores. The program kicks off with 800 products in four key categories: water saving, cleaning products, garden care and lighting.