Home Hardware Stores announced a partnership with Volvo Trucks North America, introducing two Volvo VNR Electric Trucks to its fleet. The trucks are the first zero-tailpipe emission vehicles to join the Home brand. “We are thrilled to partner with Home Hardware …
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Federal Reserve Cuts Interest Rates for First Time in 4 Years
The Federal Reserve cut interest rates by half a percentage point on Wednesday, in the hopes it will ease inflation, lowering interest rates to the 4.75% to 5% range. Lawmakers on the committee have gained confidence that inflation is moving …
Read More »Builder Sentiment Rises as Affordability Challenges Persist
As mortgage rates are on the decline, builder sentiment rose this month even as builders continue to grapple with rising costs, according to the National Association of Home Builders (NAHB). In the newly-built single-family homes category, builder confidence is 41, …
Read More »2 Hardware Companies Named to Time Magazine World’s Best Companies of 2024 List
Multiple companies that have significant stakes in the independent home improvement industry made the Time magazine World’s Best Companies of 2024 list, being named alongside some of the largest, most influential companies across the globe. The list is a comprehensive …
Read More »Blish-Mize Streamlines Purchasing With Enhanced App at 2024 Fall Buying Market
At its recent Fall Buying Market Sept. 12-14 in Overland Park, Kansas, Blish-Mize provided its customers and vendors with the “best of both worlds” by offering enhanced ordering technology to streamline purchasing logistics and a one-of-a-kind, personalized in-person experience. The …
Read More »August Sales Rise as Inflation Eases, NRF Says
Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the National Retail Federation (NRF). “Retail sales data shows that consumers continued to spend on household priorities …
Read More »Future, Education Top of Agenda at True Value 2024 Fall Reunion
With a focus on what’s next and best practices, the True Value 2024 Fall Reunion in Orlando brought together retailers from across the U.S. and around the world for several days of product discovery, education and networking. “The True Value …
Read More »True Value Builds Brand for the Future With Corporate-Owned Stores
As another outlet for promoting growth and the success of the True Value brand, the company has started the process of owning and operating retail stores. True Value purchased its first store in Palatine, Illinois, in March 2024. Eric Lane, …
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