Retail sales grew for the eighth consecutive month in May despite high gas prices and ongoing inflation, according to the CNBC/NRF Retail Monitor released by the National Retail Federation. “Retail sales maintained momentum in May, driven by a resilient labor …
Read More »
Ace Retail Group recently announced Robert Massengill as its new president. Massengill, a 20-year veteran of the company, brings operational leadership, strategic development and legal expertise to the role. As president, Massengill will lead enterprise-wide strategy, operations and growth across …
Read More »
Bed Bath & Beyond Inc. announced the expansion of Beyond Home Services, the company’s dedicated home services platform, through the acquisition of Installed Right and SFV Services. The addition of Installed Right and SFV Services adds installation, renovation, construction and …
Read More »
Walmart’s drone delivery partner, Wing, recently announced it has expanded its drone delivery service, now delivering to customers in seven new cities: Memphis, New Orleans, Philadelphia, Phoenix, San Diego, San Francisco Bay Area and Salt Lake City. The planned expansion …
Read More »
According to a new study conducted by the National Association of Home Builders (NAHB), regulations at the federal, state and local levels have added $131,734 to the cost of a new single-family home, 26.4% of the average sales price of …
Read More »
Ace Hardware Corporation recently announced changes to the company’s board of directors following its 2026 annual meeting of stockholders. Following the meeting on May 12, Ace Hardware stockholders elected new non-member director Brandi Joplin to her first term on the …
Read More »
Mortgage application activity declined in May as higher mortgage rate continued to impact the market, according to the National Association of Home Builders (NAHB). At the same time, adjustable-rate mortgages (ARM) gained traction. The Mortgage Bankers Association’s (MBA) Market Composite …
Read More »
The U.S. economy added 172,000 jobs in May, marking the third straight month of job gains despite rising inflation and continued economic uncertainty, according to the U.S. Bureau of Labor Statistics. The unemployment rate in the month remained unchanged at …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
