The Federal Reserve cut interest rates for its third straight meeting, this time by 25 basis points to 4.25%-4.50%. It also issued projections calling for two quarter-point interest rate cuts in 2025 amid rising inflation. Members of the committee say …
Read More »
MANS Lumber & Home announced the acquisition of custom roof truss manufacturer Michigan Timber & Truss. The acquisition better positions MANS Lumber’s capabilities and allows the company to serve its growing customer base in the construction and building sectors. “By integrating …
Read More »
Registration is now open for the Foundations of Merchandising Management Live! program, hosted by the North American Hardware and Paint Association (NHPA) at the 2025 National Hardware Show. Foundations of Merchandising Management Live! is a two-day industry-focused, educational program for …
Read More »
Around 157.2 million consumers plan to shop the last Saturday before Christmas, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This estimate is up from 141.9 million shoppers last year, and …
Read More »
Prices for building materials for new residential construction, minus capital investment, labor and imports, increased 0.7% from 2023 this year. According to the Producer Price Index (PPI) from the U.S. Bureau of Labor Statistics, prices increased 0.3% in October but …
Read More »
Tractor Supply Company announced multiple growth opportunities it plans to implement through 2030, including an investment community day. “Tractor Supply has a rich history and track record of success. Over the last five years, we have delivered strong financial performance …
Read More »
Lowe’s hosted its 2024 Analyst and Investor Conference, where it provided an update on its key growth and productivity initiatives, as well as short-term and long-term financial targets. “As we look ahead to the expected recovery in home improvement, we …
Read More »
Ace Hardware Corporation appointed Dale Fennel as president of Ace International (AIH). Fennel will report to John Surane, Ace Hardware’s executive vice president and chief growth officer. Previously serving as corporate vice president of merchandising operations, Fennel will oversee the …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
