Walmart Expands Its Hardware Offerings

Watch out Home Depot, Lowe’s, Ace and True Value: The giant discounter is expanding its tools and building supplies department. It’s the world’s biggest retailer, yet is often an afterthought in the hardware and tool business. But that could change with a new product roll-out from Walmart as earlier this month the giant introduced an […]

Great Star Tools Acquires Shop Vac

Shop Vac

On December 24, Yestar Technology announced that it plans to increase its capital by US$50 million from its wholly-owned subsidiary, US Yestar, to acquire Shop-Vac, a well-known brand of vacuum cleaners in North America and related assets, at a transaction price of US$41.86 million. Shop-Vac is a well-known brand and manufacturer in the North American […]

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