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Jacob Musselman

Jacob is the content coordinator for Hardware Retailing Magazine. A lifelong Hoosier, Jacob earned a B.S. in journalism and telecommunications with a minor in digital publishing from Ball State University. He loves making bagels, going to farmers markets with his wife Hannah and two dogs and watching Formula One.

Import Cargo Enters Winter Lull

Import Cargo

With the holiday season over, inbound cargo volume at the nation’s major container ports will gradually slow during the first quarter of 2024, but is expected to ramp up in the spring, according to the Global Port Tracker report released by …

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U.S. Adds 216,000 Jobs, Unemployment Stays Steady

unemployment

Total payroll employment increased by 216,000 in December, according to the U.S. Bureau of Labor Statistics (BLS). Unemployment rates also remained unchanged at 3.7% and 0.2 points higher than the same point in 2022. December brought on 17,000 more jobs …

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Holiday Spending Up 3% Over Last Year

Thanksgiving Weekend Shopping

Retail holiday spending during the 2023 holiday season rose just over 3% year over year, according to data from Mastercard SpendingPulse. “This holiday season, the consumer showed up, spending in a deliberate manner,” says Michelle Meyer, chief economist at the …

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$743 Billion in Merchandise Returned in 2023

return

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in 2023, a return rate of 14.5%, according to a report released by the National Retail Federation (NRF) and Appriss Retail. …

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Houzz Announces 2023 Winter Design Trends

winter design trends

Houzz, the online home renovation forum, announced its 2023 Winter Design Trends. From connecting to the outdoors, entertaining guests, hidden spaces and earthy color palettes, Houzz has compiled the four biggest trends of the winter season with data collected through …

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Hot Products – December 20, 2023

hot products

Foam Roller Cover The 9-inch deck stain roller cover is the newest addition to Mr Longarm’s products. Its Flextech® roller covers hold more stain, cover more area in less time and provide a smooth finish. The tear-resistant roller covers last …

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