What happened to Builders Square?
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What happened to Builders Square?
Kmart bought the home-improvement retailer in 1984. Builders Square became a major player in the do-it-yourself business, but its downfall began after Kmart arranged a merger with rival Hechinger. When Hechinger filed to liquidate in 1999, all Builders Square stores shut down.
What is a Builders Square used for?
The Builders Square is used where walls meet, calculating rafter angles, creating stairways, calculating octagons, and can be used as a diagonal square. The SAVAGE™ Builders Square’s precision laser etching makes this square the most accurate in the industry.
Did Home Depot Buy Out Builders Square?
Hechinger and bankruptcy The reorganization effort resulted in closure of a large number of stores and the sale of others to The Home Depot. All remaining Builders Square stores were converted to the Home Quarters brand.
Who took over Builders Square?
Kmart Corp. agreed to sell its long-ailing Builders Square chain of 162 home-improvement stores to Los Angeles merchant-banking firm Leonard Green & Partners for a paltry $10 million cash and a warrant.
Who bought out Handy Andy?
Assets owned Handy Andy Supermarkets until Houston-based Grocers Supply Co. Inc. took the stores in November 2000 after H.A. Assets defaulted on a $12 million loan.
When did Handy Andy go out of business?
His son, Ronald Rashkow, bought out the single store operation in 1967 from his father. He converted the company to Handy Andy in 1971 with its first expansion unit….Handy Andy Home Improvement Center.
| Type | Hardware store |
|---|---|
| Industry | Retail |
| Founded | 1947 (as Arrow Lumber Company) |
| Defunct | June 1996 |
| Headquarters | Schaumburg, Illinois |
How do you take care of and maintain a Builders Square?
Maintaining a square is relatively easy. Most important, do not store it where it can become damaged or bent, as accurate measurement is its primary task. Steel squares should be kept clean and dry so they don’t rust. Most framing and speed squares now are made of aluminum and, with care, will be useful for decades.
Is Handy Andy still in business?
On January 25, 1996, Handy Andy announced it would be closing its remaining 54 stores, laying off over 2,500 employees. By June 1996, Handy Andy Home Improvement Centers had ceased to exist. Richard George was president of Handy Andy Home Improvement Centers.
Is Handy Andy still around?
Former Parent Company of Handy Andy Supermarkets Files for Bankruptcy. SAN ANTONIO, Texas – The former parent company of Handy Andy Supermarkets has filed for bankruptcy to protect itself from ongoing lawsuits and claims tied to the grocery store chain, the San Antonio Express-News reports.
Who bought Handy Andy?
Who owned Handy Andy?
Handy Andy Home Improvement Centers was founded as Arrow Lumber Company by Joseph Rashkow in 1947 on the south side of Chicago. His son, Ronald Rashkow, bought out the single store operation in 1967 from his father. He converted the company to Handy Andy in 1971 with its first expansion unit.
What wood is used for wooden T squares?
A common form of try square has a broad blade made of steel that is riveted into a stable, dense tropical hardwood stock, often ebony or rosewood.
