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Average 30-Year Mortgage Rate at 4.17 Percent

Average U.S. rates on fixed mortgages eased slightly this week, remaining near historic lows. Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year loan declined to 4.17 percent from 4.20 percent last week. The average for the …

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Group Merchandising Conference Unites Manufacturers, Distributors

The mid-year Group Merchandising Conference (GMC), which ran June 16-18 in Atlanta, focused on building relationships and previewing products. Distributors affiliated with PRO Group, Inc. and Val-Test met with manufacturers during 973 scheduled private 30-minute buyer/vendor appointments over the course of …

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Lowe’s Launches In-Store Holorooms

To watch the full video, click here. Last week, Lowe’s introduced Lowe’s Innovation Labs and the first concept to come out of the lab, the Lowe’s Holoroom. Lowe’s created Lowe’s Innovation Labs to build new technology to solve common consumer …

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Technology Bridges Gap Between Online and Physical Stores

Retail sales

As consumers have become increasingly reliant on mobile devices, consulting apps, websites and online reviews to help dictate purchase decisions, the future of brick-and-mortar retailers once seemed bleak. But, just as consumers tend to move through ebbs and flows that …

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