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28,000 Retail Jobs Added in June

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Total nonfarm payroll employment rose in June by 195,000, and the unemployment rate was unchanged from May at 7.6 percent, the U.S. Bureau of Labor Statistics reported. The number of unemployed persons, at 11.8 million, was also unchanged in June. …

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Former Builders Square President Dies

Frank Denny, former president of big-box home improvement retailer Builders Square, died July 2 at the age of 79. The former president of W.R. Grace and Co.’s home center division, Denny was chosen to manage the expansion of Home Centers …

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May Pending Home Sales Reach Highest Level Since 2006

Pending home sales increased in May to the highest level since late 2006, suggesting a possible boost in sales as mortgage interest rates began to rise, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based …

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