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NEWS + ANALYSIS Gordon’s expands in Chicago Gordon’s, led by father-son-team of Les and Jeremy Melnick, now operates nine retail locations and employs more than 140 associates. The new stores were previously under the leadership of Jim Tierney, owner of Harlem Foster Hardware and Norwood Park Ace Hardware. The change of ownership decision was made as part of Tierney’s strategic retirement succession plan, and also a key part of the Melnicks’ growth plan. “With retirement comes bittersweet emotions of closing a chapter, but also looking ahead,” said Jim Tierney, retiring owner of Harlem Foster Hardware and Norwood Park Ace Hardware. I’m incredibly pleased that my stores will transition to the extremely capable hands of Les and Jeremy Melnick.” “We are absolutely delighted to grow the Gordon’s Ace Hardware family with the acquisition of Jim Tierney’s two stores, and we’re excited to get to know these two Chicago neighborhoods,” said Jeremy Melnick. “Because Ace stores are independently owned, it’s critically important for a store owner to identify a succession plan so that the retiring owner doesn’t have to liquidate his life’s work for pennies on the dollar. Jim was extremely proactive in identifying the best long-term plan for his stores and for his amazing team that works in the stores. We are thrilled and humbled that Jim has placed his trust in Gordon’s Ace to keep his stores thriving for years to come.” Additionally, Gordon’s will close its existing store located at 3011 N. Clark Street in Chicago’s Lakeview neighborhood. The decision to close the other location was due to store size limitations, said the Melnicks. “Making the decision to close a store is never easy, and it’s never made in haste,” Melnick said. “Our focus needs to be on investing in ‘right size’ stores, and unfortunately at just 4,000 square feet, our Clark Street store simply doesn’t offer enough space to effectively serve our neighbors in the community,” The Lakeview store will begin liquidation at the end of November. Melnick said employees will be moved to other Gordon’s locations. News Map: Building a national voice The National Lumber and Building Material Dealers Association’s incoming officers for 2016 and 2017 cover a lot of ground: idaho Boise Chair-Elect Rick Lierz, Franklin Building Supply iowa Harcourt Treasurer Scott Engquist, Engquist Lumber colorado Denver connecticut Unionville First Vice Chair Bob Sanford, Sanford & Hawley virginia Martinsville Chair George Lester, The Lester Group Immediate Past Chair Scott Yates, Denver Lumber Co. 10 NOVEMBER/DECEMBER 2016 HARDWARE + BUILDING SUPPLY DEALER HBSDealer.com