News

The Home Depot announced the acquisition of a 1.4 million-square-foot distribution center (DC) in Savannah, Georgia. The Savannah DC will employ around 250 associates and will support hundreds of Home Depot stores, as well as hurricane relief during times of …

Walmart Canada announced a $6.5 billion investment over the next five years as the company plans to expand into new and existing Canadian markets. Walmart Canada will build dozens of new stores across the country, beginning with five new Supercentres …

The Sherwin-Williams Company recently released its financial results for the year-end and fourth quarter of 2024, ending on Dec. 31, 2024. The company’s consolidated net sales in 2024 increased to $23.10 billion, a record number. This is primarily due to …

Ace Retail Holdings recently raised more than $1.4 million funds to benefit Children’s Miracle Network Hospitals (CMN). Over 250 locations across the country participated in this fundraiser. “It is always an honor and privilege to support CMN and the wonderful …

The Federal Reserve recently announced a pause on rate cuts at the end of a January meeting, holding the federal funds rate between 4.25% to 4.5%, the National Association of Home Builders (NAHB) reports. The Fed notes the economy remains …

Tractor Supply Company, a Tennessee-based rural lifestyle retailer with over 2,200 locations across the U.S. reported financial results for its fourth quarter and fiscal 2024. Q4 2024 The company showed a Q4 net sales increase of 3.1%. Comparable store sales …

Retailers across the U.S. have reported a 93% increase in the average number of shoplifting incidents per year in 2023 versus 2019, and a 90% increase in dollar loss due to shoplifting during the same period, according to the Impact …

The National Retail Federation (NRF) recently released a list of 25 predictions for the retail industry in 2025. As independent hardware and paint retailers, here are the most significant predictions to prepare for this year. NRF predicts generative AI will …