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 …
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Jack and Kent Hostetter have agreed to sell J.B. Hostetter & Sons in Mount Joy, Pennsylvania, to The Aubuchon Co., the oldest and largest family-owned hardware store chain in America. Following the closing later this year, The Aubuchon Co. will …
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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 …
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On Friday, July 29, Do it Best concluded its 2023 Level Up Summer Internship Program by awarding a $1,000 scholarship to program participant and Taylor University student Grace Lee. The Level Up Summer Internship Program provides students with opportunities to …
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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 …
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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 …
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United Hardware has been recognized as a Top 200 Workplace in Minnesota by the Star Tribune, a Minneapolis-based media company. Produced by the same team that compiles the 32-year-old Star Tribune 100 report of the best-performing public companies in Minnesota, …
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The average store loses nearly $47,000 (or 1.6% of sales) each year to shrinkage, according to the 2022 Cost of Doing Business Study from the North American Hardware Association (NHPA). That’s enough money to hire another employee, buy a delivery …
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