News

The U.S. Bureau of Labor Statistics released its Consumer Price Index for All Urban Consumers last week, which showed an increase of 1% in May, after rising 0.3% in April, and an inflation rate of 8.6%, the highest the U.S. …

Hardware Hank, owned by United Hardware, has launched its first e-commerce site. The launch supports the goals of United Hardware’s independently owned member retailers to grow consumer connections in their local communities. “We know that a majority of consumers are …

According to the most recent Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, major retail container ports are expected to see near-record volume during June, hindering retailers’ attempts to meet still-high consumer demand.  Ports …

While the unemployment rate remained unchanged at 3.6% in May, 390,000 jobs were added to the U.S. economy even in light of increasing inflation, ongoing supply chain issues and predictions of an upcoming recession. The number of jobs added in …

For the past 10 years, Westlake Ace has been a staunch supporter of The Salvation Army and has hosted an annual fan drive in the communities where it has stores. The fan drive started in a single store in Hutchinson, …

Morning Consult, a global decision intelligence company delivering insights and custom market research on what people think in real-time, released its U.S. Supply Chains Report in April 2022. The report evaluated the impact of ongoing supply chain issues and rising …

Meagan McCoy Jones has been named president and CEO of McCoy’s Building Supply and assumes her position on June 1, 2022. Jones will be responsible for overseeing the company headquartered in San Marcos, Texas. Jones succeeds her father, Brian McCoy, …

The largest and oldest wallcoverings producer in North America, York Wallcoverings, has been acquired by Industrial Opportunities Partners (IOP) and will join Brewster Home Fashions LLC and Fine Decor LTD under the umbrella of a new entity, The Bersham Group. …