News

Last week, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers jumped 0.8 percent in February after an increase of 0.6 percent in January. The U.S. inflation rate over the last 12 months …

True Value Co. and The Yenkin-Majestic Paint Corp., an Ohio-based manufacturer of coatings and coatings resins, announced they have entered into a definitive agreement under which True Value Co. will acquire Yenkin-Majestic’s consumer paint business, producing architectural coatings for home, …

As part of its “Building a New Foundation” program, the North American Hardware and Paint Association (NHPA) has announced a partnership with Sakrete that includes two new scholarships for students enrolling in the association’s Retail Management Certification Program (RMCP).  RMCP …

Ace Hardware retailers had the opportunity to connect and network, discover new products and take part in educational sessions at the Ace Spring 2022 Convention, held at the Las Vegas Convention Center in Las Vegas, Nevada. The event marked the …

Combining both in-person and virtual elements, Orgill’s Spring Dealer Market and Online Buyer Event broke all previous buying market sales records. Sales from this event were up 33 percent from the 2021 Spring Online Buying Events and 47 percent higher …

Home Hardware Stores Ltd. has announced that plans are underway to host an in-person 2022 Fall Market. The event is scheduled to take place from September 23-25 at the Enercare Centre in Toronto, Ontario. “As public health measures ease across …

Intertape Polymer Group Inc. (IPG) has announced that it has entered into a definitive agreement to be acquired by an affiliate of Clearlake Capital Group, L.P. (Clearlake). Under the terms of the agreement, Clearlake will acquire the outstanding shares of …

First Insight and Wharton Baker Retailing Center found that consumers are willing to pay for more sustainable goods, surprising many retail executives. The report revealed that a knowledge gap exists between what consumers actually want and what retailers presume they …