The U.S. House of Representatives passed a bill May 28 that amends provisions of the Paycheck Protection Program (PPP) to give small businesses more time to pay off the loans and more flexibility in how the money is used. The …
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National Hardware Show Offers CARES Act Webinar
The National Hardware Show is presenting a live webinar covering what small businesses need to know about the Coronavirus Aid, Relief and Economic Security (CARES) Act. The webinar is scheduled to take place April 8 from 11:00 a.m. – 12:30 …
Read More »What the $2T CARES Act Means for Your Small Business
Amid economic upset resulting from the COVID-19 pandemic, the U.S. has passed a $2 trillion economic stimulus package meant to bring relief to individuals and businesses, The New York Times reports. The $2 trillion aid package was signed into law …
Read More »COVID-19 Economic Stimulus Package Nears Passage
Amid economic instability caused by the COVID-19 pandemic, the U.S. Congress is poised to vote on a $2 trillion stimulus package. According to The New York Times, the bill provides $150 billion to assist state and local governments in their …
Read More »UPDATED: States, Provinces Declare Home Improvement Stores ‘Essential’ Amid Shutdowns
Updated March 30, 2020: For a complete overview of how U.S. states and Canadian provinces are handling the COVID-19 pandemic, click here. As the effects of COVID-19 touch every aspect of retail, cities and states across the U.S. are declaring …
Read More »24 States Raise Minimum Wage in 2020
As the new year arrived, 24 states across the U.S. have either raised their state’s minimum wage or plan to do so in the coming months, according to U.S. News & World Report. In addition, workers in the District of …
Read More »Analyst Says Cashless Retail Legislation Is Unnecessary
Cashless retail remains a divisive topic, a recent report from Bloomberg confirms. In the article, some retailers say that by eliminating cash transactions, they provide quicker service, enabling employees to focus on customer service and complete more transactions. Opponents say …
Read More »Many Home Improvement Retailers Expect Negative Impact From Tariffs
After polling more than 200 independent home improvement retailers operating in the U.S., the North American Retail Hardware Association (NRHA) finds the impact from tariffs continues to represent great uncertainty for business operators. Notably, 67 percent of surveyed retailers believe …
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