May retail sales (excluding automobiles, gas stations and restaurants) increased 0.6 percent seasonally adjusted from April and increased a strong 4.8 percent unadjusted year-over-year, according to data released by the U.S. Department of Commerce. The National Retail Federation attributes the …
Read More »Amanda Bell
Seasonal Selling: Getting Ready for Fall
To watch the full video, click here. This presentation shows retailers how they can keep the momentum of the summer selling season going into the fall. It also featured retailer panelists Chris Hughes of Hardware Plus in Osceola, Ind., and …
Read More »Ace Elects Two New Board Members, Extends Chairman’s Term
Ace Hardware appointed two new member directors to its Board of Directors and extended its chairman’s term by one year. At the retailer-owned cooperative’s annual shareholders meeting June 11, Ace Hardware elected two new member directors: Stew Elliott Jr., of …
Read More »Sources Say Orchard Supply Considering Bankruptcy Filing
Orchard Supply Hardware Stores Corp., the chain spun off by Eddie Lampert’s Sears Holdings Corp. 17 months ago, is considering a bankruptcy filing as soon as next week, according to a Bloomberg News story. Orchard Supply, based in San Jose, California, said …
Read More »Four Ways to Implement Price Matching in Your Store
Here’s how you can make the most out of your store’s price matching policy: 1. The Price is Right.Before you start to advertise price matching, be sure you are priced right on high-profile departments and items. Take some time to …
Read More »House Gutter-Swab
Gutter-Swab applies 100 percent contact to the contoured surface of siding or gutters. Its cleaning pads are made to fit the contour of any type of gutter, and its scrubbing pads are made from a Space Age sponge material that …
Read More »May Unemployment Up Slightly to 7.6 Percent
Total nonfarm payroll employment rose in May by 175,000, and the unemployment rate increased slightly to 7.6 percent, up from 7.5 percent in April, the U.S. Bureau of Labor Statistics reported. Over the year, the labor force participation rate has …
Read More »Former NRHA President Frank Greenhaw Dies
Former North American Retail Hardware Association (NRHA) president, Frank Wesley Greenhaw, died June 4 at the age of 89. Greenhaw was elected and served as president of NRHA in 1990.As chief executive of McWhorter-Greenhaw, the longest-running retail store in the …
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