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U.S. Unemployment Rate Hits 14.7%

The U.S. economy lost 20.5 million jobs in April, as many businesses either curtailed service or closed their doors indefinitely amid COVID-19. The decline in jobs is the largest since the government began recording employment data in 1939, reports CNN. …

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Ace Hardware Reports Record Revenue in 2019

ace hardware reports

Ace Hardware Corp. has announced its 2019 financial results, highlighting a year of record revenue for the company. In total, Ace reports 2019 revenue of $6.1 billion, up 7 percent from 2018’s total revenue. The figure marks Ace’s highest revenue …

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NRHA Invites Retailers to 2nd Virtual Town Hall

employment law amid covid-19

The North American Retail Hardware Association (NRHA) is inviting independent retailers across North America to its second virtual town hall. This special session with NRHA representatives, retailers and channel partners will focus on how retailers are preparing their businesses for …

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Salk’s Hardware: Giving During a Global Pandemic

Face Masks

Jeffrey Salk ordered about 4,000 protective face masks in January, never dreaming his community would be desperate for them before the full order came in. The owner of four Salk’s Hardware & Marine stores in Massachusetts and Rhode Island has …

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U.S. Unemployment Grows by 30M in 6 Weeks

u.s. unemployment

More than 3.5 million people filed for unemployment insurance the week ending April 25, according to new data from the U.S. Department of Labor. Since the middle of March, more than 30.3 million Americans, roughly 18 percent of the U.S. …

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America’s Main Streets Quarterfinalist Voting Now Open

america's main streets

With more than 616,000 total votes cast for 160 entrants during the nomination phase of the 2020 America’s Main Streets contest, Independent We Stand has announced the quarterfinalists and the next phase of the contest. The goal of the contest is to draw attention to …

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