News

Consumer Confidence and Manufacturing Drop in Q2 Home sales and home prices were up in the second quarter of 2016, but other economic indicators didn’t look so good in the U.S. Consumer confidence, as reported in The Conference Board’s Consumer …

This month, more than 50,000 people will gather in Shanghai, China, to attend the China International Hardware Show (CIHS) 2016. Now in its 16th year, enhancements to the show will provide a more convenient experience for both exhibitors and visitors. CIHS 2016 will take place Oct. …

Denver-based PRO Group, Inc., announced Monday that it is merging with Reliable Distributors, Inc. Reliable Distributors, which is based out of Chicago and has more than 200 distribution centers across the country, is a marketing, merchandising and wholesale distributor group …

Over the weekend, retailers from all over gathered in Indianapolis for the Do it Best Fall Market, where they looked for new products, attended Education Day seminars, found good deals and more. Those retailers also experienced some changes to the …

As you plan your holiday marketing campaigns and think through ways to increase foot traffic to your stores, don’t underestimate the value of generosity. The Definition of #GivingTuesday For the past four years, businesses, organizations and individual people have used the Tuesday …

Rural lifestyle retailer Tractor Supply Co. has purchased a 136-location pet store chain for $116 million in cash. Petsense, the pet supply and services company, will operate as a Tractor Supply subsidiary, according to Tractor Supply.  “The pet industry represents a …

As Sears continues to search for ways to make its business profitable again, a bidding war may be underway for the company’s Craftsman tool business, Bloomberg reports. Earlier this year, Sears announced it was looking to generate more cash through its Craftsman, Kenmore …

Hiring the right employees is an ongoing challenge for independent home improvement retailers, but failing to do so comes with a price tag. One of the top two reasons for inventory loss/shrinkage in retail is employee theft, according to research …