In support of its goals and in light of the shift in the balance of risks, the Federal Reserve decided to lower the target range for the federal funds rate by ¼ percentage point to 3 ¾ to 4%, the …
Read More »
Consumer confidence in October decreased by one point in October to 94.6, according to The Conference Board’s Consumer Confidence Index. This number is down from 95.6 in September. The Present Situation Index, based on consumers’ assessment of current business and …
Read More »
Amazon recently announced in a message sent to Amazon employees the company’s decision to reduce its corporate workforce by around 14,000 roles, citing AI innovation as a main driver for the decision. “The reductions we’re sharing today are a continuation …
Read More »
With economic uncertainties still looming, Ace Hardware is working to capture market share for holiday spending with its curated gift guides stocked with must-have brands and hot deals. “For generations, neighbors have trusted Ace to make their holidays brighter,” says …
Read More »
The Sherwin-Williams Company and PPG Industries Inc. recently released financial results for the third quarter of 2025. Sherwin-Williams Consolidated net sales in Q3 increased 3.2% to $6.36 billion for Sherwin-Williams. Net sales increased primarily due to higher sales in the …
Read More »
Home prices in August grew at the lowest annual rate in over two years, according to the recent release of the S&P Cotality Case-Shiller Home Price Index and an analysis from the National Association of Home Builders’ Eye on Housing. …
Read More »
Great Lakes Ace Hardware recently announced it has agreed to acquire Macomb Ace Hardware in Macomb Township, Michigan. The transaction is expected to close Jan. 11, 2026. “Our goal was to be a difference maker and trusted neighbor in our …
Read More »
As part of its ongoing commitment to the next generation of independent home improvement retailers, Midwest Fastener recently donated $7,000 to the North American Hardware and Paint Association’s (NHPA) Retail Management Certification Program’s (RMCP) Pay it Forward Scholarship Fund. The …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
