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 »
The CNBC/National Retail Federation (NRF) Retail Monitor cited retail sales growth for November despite sales from Thanksgiving weekend being counted in December. Total retail sales, not including automobiles and gasoline, were up 2.35% unadjusted year over year and up 0.15% …
Read More »
Do it Best announced Ken Widner as vice president of information technology and chief information officer. Widner succeeds John Mergy, vice president of information technology, who is set to retire in January 2025. Widner’s extensive experience in IT leadership, retail …
Read More »
The Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates details an expected surge in imports from now until next spring due to an imminent increase in tariffs and potential strike at container ports …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
