Hardware store bought locally
A family-owned hardware company will acquire Moe’s Outdoor Equipment & Supplies in Springboro.
Moe’s, located at 714 N. Main St., will be acquired in early February by E&H Hardware Group. E&H will also acquire Moe’s Mobile Service unit located in Liberty Twp. E&H Hardware Group is owned by the Bueler family in Wooster, and operates 22 hardware locations throughout Ohio.
The Springboro location will close on Feb. 3 and reopen Feb. 6 under new ownership. Moe’s Liberty Twp. will “slowly wind down operations ... with the new ownership change,” according to a company statement. Some employees from the Liberty Twp. location could be hired by the Springboro location.
Moe’s, formerly known as West Chester Lawn & Garden, started its outdoor power equipment business in 1988 and expanded to Springboro in 2010 with a second power equipment location. The location in Springboro also added an Ace Hardware after opening.
Ace Hardware product lines will be refreshed and popular store departments, including outdoor power equipment and parts, will be enhanced at the Springboro store. Magie said the acquisition will allow him to spend more time with family, friends and his church community. stores by early 2018. Target will initially offer sameday delivery of groceries, essentials, electronics and other products. By the end of 2019, same-day delivery will include all major products at Target.
Shipt is a rapidly growing membership-based grocery marketplace and same-day delivery platform. It is currently utilized by Meijer in the Southwest Ohio region. Through Shipt’s app, members are connected to local, reliable shoppers who help facilitate a quality delivery experience that is personalized, efficient and convenient.
Shipt will be a wholly owned Target subsidiary, and will continue to run its business independently.
The transaction is subject to customary closing conditions and is expected to close prior to the end of calendar year 2017. This all-cash acquisition will be immaterial to Target’s near-term financial results. Ohio. But Daniel made it clear he and his brother have not ruled out shifting their expansion efforts farther north in the future.