Lowe’s recently held its third annual AI Day and a 24-Hour Hackathon, an event where over 600 Lowe’s associates from across the business signed up to learn about and solve problems with artificial intelligence. Tech teams tackled case studies sourced from …
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Retail spending increased in July as consumers sought out summer sales to purchase goods before additional tariffs take effect, according to the National Retail Federation’s CNBC/NRF Retail Monitor. July sales in the building and garden supplies sector increased 1.32% seasonally …
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As tariffs continue to put pressure on international trade, import cargo volume at shipping ports is tentatively expected to end 2025 5.6% below the volumes from 2024, according to the Global Port Tracker report released by the National Retail Federation …
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The Home Improvement Research Institute (HIRI) released the Quarterly Contractor Business Tracker Q2 2025 report, evaluating how macroeconomic trends affect contractors’ operations and strategic decision-making. The report noted a dip in market growth optimism, with only 55% of respondents anticipating …
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The American housing market is facing a persistent shortage with home prices reaching record highs as affordability has decreased, according to an analysis by the National Association of Home Builders’ (NAHB) Eye on Housing. New home construction has not kept …
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Affordability challenges and economic uncertainty continue to influence the housing industry as many homebuyers held off on purchasing new homes in June, according to the National Association of Home Builders. Newly built single-family home sales rose slightly by 0.6% in …
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Tractor Supply Company recently released its financial results for the second quarter of 2025. Net sales for the company increased 4.5% in Q2, reaching $4.44 billion. This increase was primarily driven by new store openings and the growth in comparable …
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Students in the 2025 Retail Management Certification Program (RMCP) recently completed the first site visit of the year in Fishers, Indiana. Designed specifically for store owners, regional supervisors and managers, the program blends strategic leadership training, hands-on business improvement projects …
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