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Markets Improve; Mergers Heat Up

The Hardware Retailing Stock Index posted another positive close in June, buoyed by an improving housing market and gradually strengthening economic conditions. The index rose 6.71 points, or 0.55 percent, and closed at 1235.05. Advancing issues easily topped declining issues …

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June Retail Sales Up

Retail sales increased in June, which probably helped the U.S. economy rebound in the second quarter. Purchases increased 0.2 percent after a 0.5 percent advance in May that was larger than previously reported, Commerce Department figures showed today in Washington. …

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U.S. Appliance Sales Drop

Americans are buying fewer refrigerators, stoves and other household cooking appliances and that’s hurting the nation’s 95 household cooking appliance manufacturers, the U.S. Census Bureau said Tuesday. Shipments of household cooking appliances were valued at $4.3 billion in 2012, a …

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Emery-Waterhouse Hires Vice President of Sales

Emery-Waterhouse announced the new hire of Charles Chibante as Vice President of Sales, effective August 1. Chibante comes to Emery-Waterhouse bringing more than 20 years of experience in retail, operations, marketing and leadership. This includes 13 years with Wal-Mart in various …

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Rich Customers Opt for Warehouse Clubs

While warehouse clubs might be perceived to be the domain of those looking to stretch a tight budget, new research from Mintel reveals that it is not just those of lower incomes. According to Retailcustomerexperience.com, high income consumers think their …

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Retzlaff’s Hardware Mark Retzlaff Passes Away

Marcus “Mark” Retzlaff, 85, of New Ulm died July 12, at the Oak Hills Living Center in New Ulm, Minnesota. Funeral service will be 11 a.m., Wednesday, July 16, 2014 at St. Paul’s Evangelical Lutheran Church in New Ulm with …

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