The American Hardware Manufacturers Association’s AHMA Home Improvement Industry Confidence Index’s Current Situation Index declined in August to 294.1 from 320.8 in July, while the Future Expectations Index also declined to 192.7 from 266.5 in July. In comparing current sales …

Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported. Job gains occurred in professional and business services and in health care. In August, both the unemployment …

Home Depot’s recent security lapse was a result of the same malware that attacked Target months ago. Krebs on Security reports that last week’s Home Depot. hack was “aided in part by a new variant of the same malicious software program …

Social media outlet Twitter is testing a “buy now” button on tweets, allowing users to shop for products without leaving Twitter. According to Marketing magazine, Burberry and Home Depot are the only two retail brands testing the service, while other …

Jeff Basler, owner of Basler’s Ace Hardware is retiring. Basler will close the store which is located in Oregon. According to SaukValley.com business was brisk Tuesday morning as a steady stream of customers took advantage of the store’s going-out-of-business sale. To read …

Sears Canada is scheduled to open a massive southeast distribution center in southeast Canada. According to the retailer, the center is planned to improve delivery times. According to the Calgary Herald, the 240,000-square-foot facility will employ about 200 people and features …

Home Hardware CEO Terry Davis was recently featured in the publication Globe and Mail. According to the article, Davis got his start at Home Hardware Stores Ltd. 44 years ago as a warehouse stock picker – a 19-year-old, long-haired hippie fresh …

Hardware retailing is a tough business, but a few independent retailers are seeing plenty of success. They’re being honored by the Denver-based PRO Group with its annual Paul L. Cosgrave Memorial and PRO Hardware Retailer of the Year awards. This …