The U.S. Department of Justice (DOJ) has filed an antitrust lawsuit against Visa, claiming the company is monopolizing debit card transactions and penalizing industry participants that want to use alternative debit networks. Annually, Americans—including many who lack easy access to …
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HIRI Summit Offers Glimpse Into Future of Home Improvement
The Home Improvement Research Institute (HIRI) Home Improvement Insights Summit brings together manufacturers, retailers, partners and all those whose success is tied to the home improvement industry. Over the course of two days, representatives from the leading brands, partners and …
Read More »NHPA Partners With Industry Veteran to Boost Educational Offerings
Education is one of the key pillars of the North American Hardware and Paint Association (NHPA) and how it helps members become better and more profitable retailers. Within that pillar, the organization has brought on industry veteran Cody Goeppner as …
Read More »Home Hardware Partners With Volvo Trucks
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 …
Read More »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 …
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