Loss prevention is top of mind year-round for most retailers, but businesses may be more susceptible to retail fraud now than ever before. The National Retail Federation (NRF) reported findings from the 2015 True Cost of Fraud Study from LexisNexis, which …
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Retailers attending United Hardware’s 2016 January Buying Market were approaching the New Year with optimism as they looked for new products, ways to refresh core categories and marketing solutions for their stores. The market, held Jan. 8-10 at the Minneapolis …
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The National Retail Federation recently called out a Lowe’s tech leader as an innovator among “true originals who rock the boat with ideas so crazy, they just might work.” Kyle Nel is executive director of Lowe’s Innovation Labs, which is the giant retailer’s …
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The number of housing starts in the U.S. rose to a seasonally adjusted rate of 1.2 million in November, or 16.5 percent growth above November 2014, for a seven-year high. Single-family production increased 7.6 percent to a seasonally adjusted annual rate …
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Regional distributor Handy Hardware is retiring its name this year in favor of World and Main, the name of its parent company. Handy Hardware will formally adopt the World and Main name at its spring buying market, which is scheduled for Jan. …
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The majority of millennials are renters, not homeowners — but a new survey shows they would buy houses if they could. According to Housing Opportunities and Market Experience (HOME), a quarterly consumer survey released by the National Association of Realtors for the …
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Paying for more experiences and shopping with cash saved at the gas pump were among the reasons for an uptick in holiday spending in 2015. Overall spending jumped 7.9 percent from the previous year, according to the MasterCard SpendingPulse report. This …
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Wankel’s Hardware in Manhattan has a history of offering immigrants opportunities to achieve the American dream. In the 1970s, the business, which opened in 1896, began pursuing prospective employees who needed help establishing new lives for themselves. Katherine Wankel, current …
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