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Average 30-Year Mortgage Rate at 4.17 Percent

Average U.S. rates on fixed mortgages eased slightly this week, remaining near historic lows. Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year loan declined to 4.17 percent from 4.20 percent last week. The average for the ... Read More »

Home Hardware’s 17th Annual Golf Tournament Raises Money for Ray of Hope

More than 600 Home Hardware Dealer-Owners, Staff, suppliers and friends teed up for charity yesterday for the Home Hardware Annual Charity Golf Tournament in support of Ray of Hope, a community organization that provides support services for troubled youth. Each ... Read More »

Group Merchandising Conference Unites Manufacturers, Distributors

The mid-year Group Merchandising Conference (GMC), which ran June 16-18 in Atlanta, focused on building relationships and previewing products. Distributors affiliated with PRO Group, Inc. and Val-Test met with manufacturers during 973 scheduled private 30-minute buyer/vendor appointments over the course of ... Read More »

House-Hasson Hardware June Dealer Market to Unveil Technology Advancements

At House-Hasson Hardware’s June dealer market, the company will explore the company’s present – and future – technological advancements to help them be more profitable and efficient. These include e-mail via the “cloud”; virtualized computer systems, “Go Green” paperless warehouse operations; ... Read More »

Lowe’s Launches In-Store Holorooms

To watch the full video, click here. Last week, Lowe’s introduced Lowe’s Innovation Labs and the first concept to come out of the lab, the Lowe’s Holoroom. Lowe’s created Lowe’s Innovation Labs to build new technology to solve common consumer ... Read More »

Rough Winter Doesn’t Chill Attendee Attitude at United Buying Market

Despite a long cold winter, attendees to the United Hardware June Buying Market say they’re experiencing a booming spring business and have high hopes for the future. While United Hardware continues to work around the clock to meet increased demand, ... Read More »

Memphis-Based Orgill, Inc. Receives President’s E Award for Exports

Orgill, Inc. was among a small group of U.S. companies and organizations recently honored with a 2014 “E” Award for Export excellence by U.S. Secretary of Commerce Penny Pritzker. President John F. Kennedy created the President’s “E” Award in 1961 ... Read More »

Technology Bridges Gap Between Online and Physical Stores

As consumers have become increasingly reliant on mobile devices, consulting apps, websites and online reviews to help dictate purchase decisions, the future of brick-and-mortar retailers once seemed bleak. But, just as consumers tend to move through ebbs and flows that ... Read More »