In the world of social media platforms, one popular channel has undergone a rebrand and name change. Tesla CEO Elon Musk bought Twitter in 2022, and in 2023 he changed the company’s name to X Corp. and the social media …
Read More »Lindsey Thompson
Ace Hardware Sees Financial Gains in Q2 2023
Marking increases across the board from the second quarter of 2022, Ace Hardware shared its financial reports for the second quarter of 2023. The company’s revenues reached $2.6 billion, up 3.9% from last year, and operating income was $141 million, …
Read More »House-Hasson Names Assistant VP for Accounts Receivable
House-Hasson Hardware has named Christa Livolsi as assistant vice president in charge of the company’s accounts receivable activities and credit management operations, says House-Hasson president and CEO Steve Henry. “Performance, knowledge and achievement have earned Christa this position,” Henry says. …
Read More »Incandescent Lightbulbs Ban Takes Affect in U.S.
As of Aug. 1, retailers are no longer allowed to sell incandescent lightbulbs under new energy efficiency rules enacted by the U.S. Department of Energy (DOE). Light-emitting diode (LED) lightbulbs will fully replace the incandescent versions, though many consumers have …
Read More »R.P. Lumber Acquires Wright Building Center, Expands to 82 Locations
Family-owned hardware and building materials R.P. Lumber announced that it has acquired the Sparta, Illinois, location of Wright Building Center, a long-time industry presence in southwestern Illinois. The new location expands the operation’s location count to 82 with 56 locations …
Read More »Senate to Vote on Credit Card Swipe Fees Bill
The Merchants Payments Coalition welcomed the announcement by Senator Roger Marshall, R-Kan., that the Senate plans to vote on the Credit Card Competition Act (CCCA), a bill that will reduce swipe fees. “Today, we were given assurances that the Credit …
Read More »3 Resources to Counter Organized Retail Crime
Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-sized businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …
Read More »A New View: Meyer Ace Hardware Uncovers Historic Windows
Covered up for over three decades, a set of historic windows at Meyer Ace Hardware in Petoskey, Michigan, are opening up a new view. Co-owner Matt Meyer says the windows were boarded over during the 1970s energy crisis because they …
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