Industry News

The North American Retail Hardware Association (NRHA) has extended the scholarship application deadline to Friday, May 23, for the upcoming class of the Retail Management Certification Program. NRHA is offering two $5,000 scholarships to the summer 2014 session of the …

Stock Building Supply announced the opening of two new structural component plants serving customers in the Raleigh-Durham, North Carolina and Salt Lake City, Utah metropolitan areas. In Middlesex, North Carolina, production of roof and floor trusses recently began in a …

True Value announced it is gearing up to roll out its strategic plan in the fall that will highlight long-term changes for the co-op. While many efforts won’t be implemented until the end of 2014 or later, according to company …

Ace Hardware today reported the company’s best first quarter for both revenues and net income in its 90-year history, it says. Total revenues were $1.1 billion for the first quarter of 2014, an increase of $155.5 million or 16.8 percent, …

Do it Best Corp. recognized its Waco, Texas, Retail Service Center (RSC) team for its ongoing commitment to safety and recording four consecutive years without any lost time due to a safety incident or injury. The record safety streak is …

Working under new ownership since last September, Busy Beaver has leased an empty 22,000-square-foot store on Plummer Street in Lawrenceville, Pennsylvania, that was formerly a Giant Eagle grocery store, according to a story in the Pittsburgh Business Times. Steven Derr, director …

Despite nicer spring weather, consumers softened their spending in April. According to the National Retail Federation, April retail sales, which exclude automobiles, gas stations and restaurants, were unchanged seasonally adjusted month-to-month yet increased 4.7 percent unadjusted year-over-year. “The shift in …

Imported products sold in the United States contain far more U.S. parts or other content and value and support significantly more American jobs than consumers or policymakers realize, according to a new report prepared for the National Retail Federation. “This …