McLendon's Hardware is being acquired by CNRG
Fourth generation, family-owned McLendon Hardware has agreed to be acquired by Central Network Retail Group (CNRG), a multi-format, multi-brand retailer operating 90 hardware stores, home centers and lumberyards throughout eleven states across the U.S. The transaction is expected to close in April.
McLendon Hardware president, Gail McLendon, said the move was inspired by the company’s desire for continued growth throughout the Puget Sound region and beyond. At present, McLendon employs more than 500 Team Members and operates seven independent hardware stores located in Renton, White Center, Tacoma, Woodinville, Kent, Sumner and Puyallup. The Renton store is the largest. It was established in 1926, initially as U.S. Junk Company, and is the longest-standing hardware outpost in Washington State.
“Expert advice, legendary customer service and unmatched product selection have been the hallmarks of McLendon’s success for more than 90 years,” McLendon said. “However, continued if not aggressive growth is essential. CNRG has the financial strength to sustain and expand our business in the Puget Sound Region and beyond.”