St. Jacobs, ON, April 12, 2018
– Home Hardware Stores Limited was honoured last evening at the Canada’s Best Managed Companies gala as one of Canada’s Best Managed Companies for the sixth consecutive year.
Home Hardware continues to demonstrate the importance of private companies to the Canadian economy and was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation.
Now in its 25th year, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.
“Best Managed winners should be extremely proud of their accomplishments,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “The marketplace is changing rapidly and this incredible class of companies’ commitment and entrepreneurial leadership help drive business success that is critical for the health of our economy.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2018 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.
“At Home Hardware, we recognize that thoughtful strategy, innovation and a positive corporate culture are important components to a successfully managed company,” says Terry Davis, CEO, Home Hardware Stores Limited. “We are honoured to be recognized as one of Canada’s Best Managed Companies and are committed to reaching new heights as a company as we support our Canadian Dealers.”
- 30 -About Canada’s Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca
.About Home Hardware Stores Limited
Home Hardware Stores Limited is Canada's largest Dealer-owned hardware, lumber, building materials, and furniture home improvement retailer with close to 1,100 stores under the Home Hardware, Home Building Centre, Home Hardware Building Centre and Home Furniture banners with annual retail sales of over $6 billion. Founded in 1964 in rural St. Jacobs, Ontario, Home Hardware remains 100% Canadian owned and operated. Through the Home Hardware network, Dealer-Owners have access to 100,000 quality, brand name and private label products, a state-of-the-art distribution system and extensive marketing and training programs. Offering a mix of tradition and innovation, Home Hardware Stores Limited has received designation as one of Canada's Best Brands and Best Managed Companies and is committed to helping Canadians with all of their project needs. More information about the company is available at homehardware.ca.
For more information, please contact
Jessica Kuepfer, Public Relations Manager, Home Hardware Stores Limited,
(519) 664-4612, firstname.lastname@example.org
Carly Verhoeven, Public Relations Coordinator, Home Hardware Stores Limited,
(519) 664-2252 ext. 6676, email@example.com