The Federal Reserve cut interest rates for its third straight meeting, this time by 25 basis points to 4.25%-4.50%. It also issued projections calling for two quarter-point interest rate cuts in 2025 amid rising inflation. Members of the committee say …
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Ace Retail Holdings Selects Enterprise Retail Partner
Mi9 Retail has been selected as Ace Retail Holdings’ enterprise retail partner for merchandising and point of sale. “The selection process was a huge investment of time and effort to ensure that our solution was a great fit for the …
Read More »84 Lumber Honored By Forbes
Forbes has recognized 84 Lumber on its 2024 America’s Top Private Companies list, ranked at number 100 out of 275 companies. 84 Lumber is listed among some of the top brands in the U.S. Since 1984, Forbes has published and …
Read More »Millions to Shop on Super Saturday
Around 157.2 million consumers plan to shop the last Saturday before Christmas, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This estimate is up from 141.9 million shoppers last year, and …
Read More »Lowe’s Announces 2025 Growth Initiatives
Lowe’s hosted its 2024 Analyst and Investor Conference, where it provided an update on its key growth and productivity initiatives, as well as short-term and long-term financial targets. “As we look ahead to the expected recovery in home improvement, we …
Read More »Hot Products – December 11, 2024
Great Northern Equipment (SPONSORED) Great Northern Equipment is a leading manufacturer and B2B wholesale distributor of top-quality power equipment, professional and DIY tools, aftermarket replacement seats, Honda engines and parts. With over 50 lines of commercial-grade products, GNE serves the …
Read More »PPG Announces Executive Appointments
PPG announced multiple leadership appointments as the company continues to focus on driving and delivering on its growth strategy. Tom Maziarz, current PPG vice president of automotive refinish Americas, will become vice president of traffic solutions, effective Dec. 1. Maziarz …
Read More »Home Depot Releases Q3 Financials, Comparable Sales Down Again
The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
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