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Industry News

New POS Virus Detected

The U.S. Computer Emergency Readiness Team, a division of the Department of Homeland Security, issued a warning to retailers about a new POS malware hack that has been detected. Dubbed “Backoff,” the family of malware exploits has been found in …

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Hourly Earnings Unchanged from May to June

Over the month, real average weekly earnings were unchanged in June, as a result of no change in both real average hourly earnings and the average workweek. Real average hourly earnings declined 0.1 percent, seasonally adjusted, from June 2013 to …

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Ace Hardware Honors 2014 Coolest Hardware Stores

Ace Honors 2014 Coolest Hardware Stores

Ace Hardware Corporation is proud to recognize six local Ace Hardware stores with the company’s fourth-annual “Coolest Hardware Store” awards. Of 4,850 locally owned and operated Ace Hardware stores worldwide, these six winners were named as winners of this prestigious …

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The State of Unemployment

In June, 17 states had unemployment rates that were significantly lower than the total U.S. figure of 6.1 percent, 8 states and the District of Columbia had measurably higher rates, and 25 states had rates that were not appreciably different …

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Lowe’s Offers Faster Delivery for Pro Customers

Lowe’s has launched ProExpress, an on-demand delivery service to get pros the emergency and last minute supplies they need. Since April 2014, these light-duty trucks have helped pro customers save time by making thousands of deliveries directly to business sites …

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True Value Announces Second Quarter Results

True Value Company reported gross billings of $568.0 million for the quarter ending June 28, 2014, up 4.6 percent or $25.1 million from $542.9 million for the same period a year ago. Revenue was $429.5 million, an increase of 4.5 …

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Frank Blake Joins Delta Air Lines’ Board of Directors

Home Depot Chairman and Chief Executive Officer Frank Blake is joining Delta Air Lines’ board of directors, the carrier according to the Atlanta Journal-Constitution. Blake, a former deputy secretary of the U.S. Energy Department, has been chairman and CEO of …

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