In February 2025, President Donald Trump announced that the U.S. Mint would stop minting pennies, citing their high production cost. According to the U.S. Mint, it cost 3.7 cents to make one penny in 2024. Now, retailers across the country …
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Jeske Hardware Distributors Adds New Sales Account Manager
Jeske Hardware Distributors announced it has added Nick Philemon to the company’s sales team as an account manager for the Mid-Atlantic region. “At Jeske, we want to be more than just another distributor for our customers–our goal is to provide …
Read More »Mortgage Rates Drop to One-Year Low in October
Mortgage rates in October fell to the lowest rates in over a year, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 6.25% in October, 10 basis points (bps) lower than September and 17 bps lower than October of last …
Read More »spoga+gafa Details Theme and New Concepts for 2026 Show
spoga+gafa, the premier global trade fair for garden, lifestyle and barbecue, is preparing for new concepts at the 2026 show, taking place from June 22-24 in Cologne, Germany. The show’s theme is “Growing Forward,” responding to dynamic market developments, changes …
Read More »Hardlines Distribution Alliance Merges With North American Tool Suppliers
Hardlines Distribution Alliance (HDA) has merged with North American Tool Suppliers (NATS) in a move that will further bolster HDA’s robust network among the independent channel. NATS boasts 19 distributor members and over 60 suppliers, which will join HDA’s group …
Read More »ABC Supply Co. Expands with New Locations in California and Texas
ABC Supply Co. recently announced the openings of new locations in California and Texas. The new Lancaster, California, store, located at 43014 Exchange Pl., will be led by branch manager Rommell Blandino. Blandino has a strong sales background and was …
Read More »Coverings 2026 Registration Now Open
Coverings, the largest event for the ceramic tile and natural stone industry in North America, has officially opened registration for Coverings 2026, taking place in Las Vegas from March 30 to April 2, 2026. Attendees are encouraged to register early …
Read More »Study Finds Retail Theft and Violence Reach New Heights
Levels of theft and violence are increasing in the retail industry, according to a new study released by the National Retail Federation (NRF) and the Loss Prevention Research Council and sponsored by Sensormatic Solutions. The Impact of Theft & Violence …
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