Home » Tag Archives: Industry News (page 15)

Tag Archives: Industry News

Hardware Store Sales Up in First Half of 2025

August retail sales

Recent data released by the U.S. Census Bureau revealed a surge in some U.S. retail sales categories last month, including an increase in hardware store sales in May.  U.S. retail and food service sales for June 2025 were $720.1 billion, …

Read More »

Aubuchon Company Expands to Rhode Island

aubuchon acquisition

The Aubuchon Company recently announced the acquisition of Wyoming Ace Hardware in Wyoming, Rhode Island. The store will be relocated to Richmond, Rhode Island and will be rebranded to Aubuchon Ace Hardware. Rick and Linda Osborne, owners of Wyoming Ace …

Read More »

Remodeling Spending Expected to Soften in 2026

2026 remodeling spending

Annual spending for home remodeling is expected to soften in 2026, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. “Weakness in the current …

Read More »

Back-to-School Shopping Kicks Off Early

early back-to-school shopping

Back-to-school shoppers have already begun purchasing items for the upcoming school year this month, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. Two-thirds (67%) of shoppers began their shopping in early …

Read More »

Tariffs Postponed, New Tariffs Announced

Steel tariffs

Reciprocal tariffs have been placed on a 90-day pause that was originally scheduled to end on July 9. The tariffs will now begin on August 1, giving negotiators additional time to reach agreements. During a cabinet meeting, President Donald Trump …

Read More »

Inflation Up in June as Tariffs Drive Prices Upward

inflation up in June

Inflation increased in June as President Trump’s tariffs continue to impact the U.S. economy. The Consumer Price Index rose 2.7% from June of last year, according to the U.S. Bureau of Labor Statistics, the fastest pace since February. Prices rose …

Read More »