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Sears Introduces First Appliances and Mattresses Store

Sears Appliances & Mattresses

While Sears Holdings has recently announced hundreds of store closures, the company is also introducing a new business model to the market. Sears Appliances & Mattresses in Pharr, Texas, is a new Sears-branded store that cuts out the other categories to …

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Department of Labor Reconsiders Overtime Pay Increase

overtime pay

The Department of Labor announced it is requesting feedback from the Office of Management and Budget on a proposed policy that would make millions more Americans eligible for overtime pay, reports The Washington Post. The policy was introduced by the …

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Ace Hardware Pushing for New Store Growth With Program

Ace Hardware

Ace Hardware Corp. has launched a new financing program for Ace Hardware store owners in an effort to help fuel new store growth efforts. The financing program gives qualified Ace store owners access to up to $200,000 in a dollar-for-dollar equity match …

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Retailers, Consumers Agree: Made in America Matters

To view a PDF of this story and check out more data, click here. Independent home improvement retailers are emphasizing their made-in-America product offerings, and customers are demonstrating that the emphasis hits home for them. A large portion of retailers …

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PRO Group Hosts Merchandising Conference

PRO Group member distributors had the opportunity to meet with more than 95 manufacturers at the recent Group Merchandising Conference in Chicago. The conference, which took place June 19-22, began with a meeting for PRO Group members to introduce themselves and a …

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Long-Term Impact of Tariffs on Canadian Lumber Unclear

Tariffs the U.S. government implemented in late April on Canadian softwood lumber haven’t had a jarring impact on lumber prices in the U.S. so far, according to some American lumberyard owners. U.S. Secretary of Commerce Wilbur Ross explained in an …

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Quarter 1 Economic Indicators Show Upswing

Inflation Eases

The first quarter of 2017 continued 2016’s upward swing, key U.S. economic indicators show. The largest spike was in consumer confidence. The March 2017 score was 125.6, the highest level since December 2000, The Conference Board reports. That growth helped …

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