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Do it Best Creates New LBM Division Role

Do it Best has announced that Jean Fahy will be assuming the new role of LBM Division Manager of Business Development, effective July 1. In this role, Fahy will be executing on key LBM member recruitment initiatives while expanding the …

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Global Home Improvement Industry Gathers in Copenhagen

global home improvement

Earlier this month, leaders from the global home improvement community gathered in Copenhagen to attend the 8th Annual Global DIY Summit, which featured presentations, networking events and tours of some of the region’s top retailers. Produced by the European DIY …

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May Inflation Hits Highest Point Since 1981

May inflation

The U.S. Bureau of Labor Statistics released its Consumer Price Index for All Urban Consumers last week, which showed an increase of 1% in May, after rising 0.3% in April, and an inflation rate of 8.6%, the highest the U.S. …

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Hardware Hank Launches New E-Commerce Site

e-commerce

Hardware Hank, owned by United Hardware, has launched its first e-commerce site. The launch supports the goals of United Hardware’s independently owned member retailers to grow consumer connections in their local communities. “We know that a majority of consumers are …

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U.S. Ports Still Experiencing High Volume

Ports high volume

According to the most recent Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, major retail container ports are expected to see near-record volume during June, hindering retailers’ attempts to meet still-high consumer demand.  Ports …

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U.S. Adds 390,000 Jobs in May

jobs may

While the unemployment rate remained unchanged at 3.6% in May, 390,000 jobs were added to the U.S. economy even in light of increasing inflation, ongoing supply chain issues and predictions of an upcoming recession. The number of jobs added in …

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