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As the economy continues to strengthen, a growing group of young professionals is expected to buy real estate. The number of first-time homebuyers was at a 30-year low in 2014, but Douglas Duncan, chief economist at Fannie Mae, predicts the improving economy …

Manufacturer Palram Americas is working with a distributor of specialty building products to sell non-wooden trim boards that can be painted, cut and used instead of wood. The Palight Trimboard planks are made of polyvinyl chloride, or PVC, and are durable, without wood’s susceptibility to rot and damage …

One co-op will be hitting the links on the PGA Tour this season. Ace Hardware Corp. announced a multi-year sponsorship with PGA Tour star Hunter Mahan. The sponsorship marks the first time the company has sponsored an active professional athlete and secures Ace as …

On Monday, Ace Hardware Corp. announced it had finalized plans to acquire Spokane, Washington-based Jensen Distribution Services. This acquisition comes less than a year after Ace purchased Emery-Waterhouse of Maine. Hardware Retailing had the opportunity to speak with John Venhuizen, …

Ace Hardware Corporation announced today it has acquired Jensen Distribution Services, a profitable 131-year-old distributor of hardlines goods. Founded in 1883, and based in Spokane, Washington, Jensen Distribution Services is a wholesale hardware distributor with approximately $150 million in wholesale …

Many retailers and consumers will be helping grow the trend of mobile payments. Mobile payment options such as Apple Pay, Google Wallet and others are still relatively new services, but their use is expected to increase rapidly in the next few years, according to …

Millennials are the young homebuyers purchasing their first homes in the current housing market. About 75 percent of millennials who bought homes in the past two years were first-time buyers, according to the 2013 American Housing Survey. These millennial homebuyers, mostly …

As customers head out to make purchases with gift cards this holiday season, Wal-Mart is encouraging shoppers to trade gift cards from other stores for Wal-Mart cards instead. The retail giant is hosting a promotion to consumers with wallets full of gift card …