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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MANS Lumber & Home announced the acquisition of custom roof truss manufacturer Michigan Timber & Truss. The acquisition better positions MANS Lumber’s capabilities and allows the company to serve its growing customer base in the construction and building sectors. “By integrating …
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Registration is now open for the Foundations of Merchandising Management Live! program, hosted by the North American Hardware and Paint Association (NHPA) at the 2025 National Hardware Show. Foundations of Merchandising Management Live! is a two-day industry-focused, educational program for …
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Nominations for the North American Hardware and Paint Association’s (NHPA) 2025 Young Retailer of the Year award program are now open. NHPA’s Young Retailer of the Year program, now in its 29th year, identifies and recognizes the successes and accomplishments …
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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 …
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Tractor Supply Company announced multiple growth opportunities it plans to implement through 2030, including an investment community day. “Tractor Supply has a rich history and track record of success. Over the last five years, we have delivered strong financial performance …
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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 …
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Do it Best announced Ken Widner as vice president of information technology and chief information officer. Widner succeeds John Mergy, vice president of information technology, who is set to retire in January 2025. Widner’s extensive experience in IT leadership, retail …
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