Industry News

  Sales of newly built, single-family homes fell 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, according to data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “We …

Tractor Supply, the largest rural lifestyle retail store chain in the United States, reported increases in comparable store sales for the first fiscal quarter, citing increased demand for animal- and pet-related and winter seasonal merchandise. Net sales increased 9 percent …

Online storefronts are gaining a pricing advantage over bricks-and-mortar retailers, but that’s not always the case with the home improvement industry, according to a study conducted by Chicago-based marketing firm Anthem Marketing Solutions. The analysis found that 70 percent of …

Federal Express Canada Ltd., a subsidiary of FedEx Corp., has reached an agreement with Home Hardware Stores Limited that allows individual dealer-owners the ability to house full-service FedEx Authorized ShipCentres® within their stores, representing the largest opportunity for FedEx Express …

The Pittsburgh Intellectual Property Law Association (PIPLA) recently presented its 2014 Inventor of the Year Award to Bill Adams, founder and chairman of Adams Manufacturing. The award recognizes the contributions Adams has made to progressing the design and use of …

Ace Hardware is making efforts to reduce its carbon footprint in how it operates its logistics and supply chain systems, including at existing and new facilities throughout its Retail Support Network across the U.S. Two new Retail Support Centers are …

In its latest report, the American Affluence Research Center finds the country’s richest are looking forward to major home improvements, with the accompanying large furniture and durable good purchases that go with them in the months ahead, according to a …

Retail sales just notched their best month since 2012, according to the National Retail Federation, and the industry has added almost one million jobs since 2010. But those positive stats obscure a more complex and potentially troubling story in retail—particularly …