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Tag Archives: Industry News

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 …

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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 …

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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 …

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Sunshine Ace Hardware Opens New Location

Sunshine Ace new location

Sunshine Ace Hardware recently opened a new retail store in Winchester Center, an area in Collier County, Florida. This location is the seventh hardware store in the county. “My grandfather, Don Wynn, started Sunshine Ace Hardware in 1958 with a …

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Remodeling Activity Sees Decline in Q2 2025

Remodeling market index

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2025. The index reported a reading of 59, down four points from the previous quarter. While Q2’s reading of 59 …

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June Retail Sales Slow Amid Tariff Concerns

June retail sales down

Retail sales slowed in June due to continued consumer anxiety about the impact of government policies on the economy, according to the CNBC/NRF Retail Monitor released by the National Retail Federation (NRF). In the building and garden supplies sector, seasonally …

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