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Words From Past Young Retailer of the Year Honorees

2020 young retailer of the year

Over the last 24 years, the North American Retail Hardware Association (NRHA) has recognized the achievements of more than 150 up-and-coming home improvement industry leaders through the Young Retailer of the Year award program.  Former honorees have distinguished themselves through their …

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24 States Raise Minimum Wage in 2020

minimum wage

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 …

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Amazon Bars Sellers From Using FedEx Ground

amazon layoffs

Amazon is telling third-party sellers they can no longer use FedEx Ground for Prime shipments, The Wall Street Journal reports. Amazon cites declining performance from FedEx as the reason for the temporary ban, according to the article. A spokesperson for …

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Homebuilder Confidence Hits Highest Level Since 1999

Homeownership

U.S. homebuilder confidence reached its highest level since June 1999, according to new data from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. The latest reading of home builder confidence was 76 basis points in December. Anything …

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True Value Appoints First Chief Commercial Officer

Agway

True Value has named a new member of its senior leadership team. Chris Kempa will now serve as chief commercial officer, reporting directly to True Value president and CEO John Hartmann. “Chris is an exceptional addition to True Value with …

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Orgill Announces Executive Team Updates

orgill

Orgill Inc., the world’s largest independent hardlines distributor, has announced several new roles for members of its executive team that represent the next step in the company’s planned leadership succession. Effective Jan. 1, 2020, Orgill’s current president, Boyden Moore, will …

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Home Depot Combats Organized Retail Crime

retail crime

For many home improvement retailers, organized retail crime is becoming a costly problem, a new report from CNBC says. Retailers like Home Depot are now spending more to deter theft and are also working with local law enforcement to prosecute …

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