McLendon Hardware, Renton, Wash., has agreed to be acquired by Central Network Retail Group (CNRG), McLendon announced today in a press release.
McLendon has seven locations throughout Washington. It's store in Renton is the largest and has been in business since 1926 when it was founded as U.S. Junk Company.
“Over a lengthy period, McLendon’s looked at many alternatives for keeping our brand culture and legacy intact,” Gail McLendon, McLendon Hardware's president, said in the release. “We were determined to provide stability for our Team Members and to open new stores. We wanted a partner more than a buyer.”
McLendon Hardware will retain its name after the acquisition.
