Industry News

The National Retail Federation (NRF) released the holiday spending numbers for 2021, which grew 14.1 percent over 2020. Holiday spending topped $886.7 billion, blowing NRF’s forecast, which was a growth of 11.5 percent, out of the water. The increase comes …

Incisiv, one of the leading insights firms for consumer industry digital transformation leaders, recently released its Omnichannel Customer Service Index and named Ace Hardware as the top omnichannel customer service provider. The index assesses top retailers’ customer service experience and …

Orgill, the fastest-growing independent hardware distributor in the world, has announced changes to the structure and operations of its purchasing department. These organizational changes reflect the company’s long-term plans for accelerated growth and a continued focus on its mission to …

The Supreme Court has blocked the COVID-19 vaccine mandate for large employers, but is allowing the separate rule applying only to health care workers employed at facilities receiving federal funding.  In November 2021, President Joe Biden released two new rules …

Do it Best has announced its plan to continue its successful virtual market format for the co-op’s spring 2022 event. This market, featuring buying opportunities from the nation’s top vendors, will now be available online from Feb. 11–25. “In our …

Greg Fuller will take over the role of vice president of sales and business development for Do it Best effective immediately. Previously, Fuller served as the company’s national sales manager and will now be responsible for leading the entire sales …

The Home Depot® is enhancing its commercial credit offerings for pro customers. The retailer introduced the Pro Xtra™ Credit Card, a new iteration of its Commercial Revolving Charge and made updates to its Commercial Account Card. Both credit options are …