The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers, which measures U.S. inflation, increased 0.6 percent in January. The all items index increased 7.5 percent before seasonal adjustment, the largest 12-month increase since …
Read More »Tag Archives: slider
Do it Best Hosts Spring Market ‘Virtually Everywhere’, Focuses on Trends, Product Availability
Welcoming a record number of member-owners, the Do it Best Spring Market kicked off Feb. 11 in a virtual format. The market runs through Feb. 25, offering special purchasing opportunities, key industry insights and proven best practices through a new …
Read More »Orgill Prepares to Host First In-Person Dealer Market Since 2020
To hear more insights about Orgill’s upcoming Spring Dealer Market and the company’s 175th anniversary, listen to Dan Tratensek’s interview with Orgill President and CEO Boyden Moore on the Feb. 21 episode of the “Taking Care of Business” podcast. With its …
Read More »National Hardware Show Announces Co-Location With KBIS, IBS in 2023
In a boon for members of the design, construction and home improvement industries, three of the leading trade shows will take place at the same time in 2023, furthering the offering of what attendees can see next year. The National …
Read More »Ace Foundation Announces 2022 Ace Cares for Kids All-Star
The Ace Hardware Foundation named 4-year-old Nile Kron of Iowa City, Iowa, as it’s ninth Ace Cares for Kids All-Star with a surprise event that included the Ace Hardware Foundation, Ace retailers, University of Iowa Stead Family Children’s Hospital and …
Read More »U.S. Sees a Boost in Store Openings in 2021
After the pandemic hit in early 2020, businesses across all industries took a huge hit with many closing permanently. The exact numbers are difficult to calculate, but the Federal Reserve estimates that 200,000 more businesses closed in 2020 than in …
Read More »CNRG Acquires HomeFront
Brian Waldrop, Ron “Rut” Ussery, Richie Fulgham and Fred Carl Jr., owners of HomeFront Home Improvement Centers in Greenwood and Winona, Mississippi, have agreed to sell their business and operating assets to Central Network Retail Group, LLC (CNRG), a multiformat, …
Read More »U.S. Economy Adds 467,000 Jobs in January
In light of an influx of omicron infections, U.S. employers added 467,000 jobs in January, surprising experts who predicted only a slight increase in job additions. In the retail trade, employment rose by 61,000, with building and garden supply stores …
Read More »