Industry News

Levels of theft and violence are increasing in the retail industry, according to a new study released by the National Retail Federation (NRF) and the Loss Prevention Research Council and sponsored by Sensormatic Solutions.  The Impact of Theft & Violence …

In support of its goals and in light of the shift in the balance of risks, the Federal Reserve decided to lower the target range for the federal funds rate by ¼ percentage point to 3 ¾ to 4%, the …

Consumer confidence in October decreased by one point in October to 94.6, according to The Conference Board’s Consumer Confidence Index. This number is down from 95.6 in September. The Present Situation Index, based on consumers’ assessment of current business and …

Amazon recently announced in a message sent to Amazon employees the company’s decision to reduce its corporate workforce by around 14,000 roles, citing AI innovation as a main driver for the decision. “The reductions we’re sharing today are a continuation …

With economic uncertainties still looming, Ace Hardware is working to capture market share for holiday spending with its curated gift guides stocked with must-have brands and hot deals. “For generations, neighbors have trusted Ace to make their holidays brighter,” says …

The Sherwin-Williams Company announced its financial results for the third quarter of 2025.  Consolidated net sales in Q3 increased 3.2% to $6.36 billion. Net sales increased primarily due to higher sales in the Paint Stores and Performance Coatings Groups. In …

Home prices in August grew at the lowest annual rate in over two years, according to the recent release of the S&P Cotality Case-Shiller Home Price Index and an analysis from the National Association of Home Builders’ Eye on Housing. …

Great Lakes Ace Hardware recently announced it has agreed to acquire Macomb Ace Hardware in Macomb Township, Michigan. The transaction is expected to close Jan. 11, 2026. “Our goal was to be a difference maker and trusted neighbor in our …