Though Paycheck Protection Program funds are still available to small businesses struggling amid economic hardships brought on by COVID-19, some borrowers and lenders are concerned about ambiguous terms of the loans. In an effort to help answer small business owners’ …
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National Hardware Show Launches New Digital Platform
The National Hardware Show is introducing NHS Connects, a new year-round digital tool featuring content designed specifically for the hardware and home improvement industry. In keeping with the National Hardware Show’s tradition of uniting the industry, NHS Connects enables networking …
Read More »COVID-19 Updates for Canadian Retailers: May 11
Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. Ontario Eyes Curbside Pickup as Quebec Reopens Ontario …
Read More »Paycheck Protection Program Funds Still Available
Paycheck Protection Program loans are still available to small businesses struggling with the economic downturn caused by COVID-19. Since its start on April 3, the Paycheck Protection Program has delivered more than 3.8 million loans to small businesses through two …
Read More »Orgill Cancels Fall Dealer Market; Invests in New Tech for Online Event
After careful consideration, Orgill Inc. has announced plans to cancel its Fall Dealer Market. The event was scheduled for Aug. 27-29 in Las Vegas. “There were a number of factors that led to this decision including an abundance of caution …
Read More »U.S. Unemployment Rate Hits 14.7%
The U.S. economy lost 20.5 million jobs in April, as many businesses either curtailed service or closed their doors indefinitely amid COVID-19. The decline in jobs is the largest since the government began recording employment data in 1939, reports CNN. …
Read More »Ace Hardware Reports Record Revenue in 2019
Ace Hardware Corp. has announced its 2019 financial results, highlighting a year of record revenue for the company. In total, Ace reports 2019 revenue of $6.1 billion, up 7 percent from 2018’s total revenue. The figure marks Ace’s highest revenue …
Read More »NRF Issues Guidance for Retailers as COVID-19 Restrictions Ease
The National Retail Federation has released guidance for all retailers as cities, states and provinces begin to relax some COVID-19 restrictions. Called Operation Open Doors, the plan offers helpful insight into how to implement safe social distancing protocols and how …
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