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Todd Taber

J.C. Penney Files for Bankruptcy, Will Close 242 Stores

penney

After filing for bankruptcy, J.C. Penney has announced plans to close more than 240 stores within the next two years, reducing its brick-and-mortar presence by nearly 30 percent, reports CBS News. The retailer currently operates 846 stores but plans to …

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U.S. Retail Sales Fall Record 16% in April

u.s. retail sales

U.S. retail sales fell 16.4 percent from March to April, as many cities and states enacted stay-at-home orders to stem the spread of COVID-19 in the country. The 16 percent drop seen in April nearly doubles the sales slowdown seen …

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Canadian Headlines for Retailers: May 18

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. How Provinces Plan to Reopen A sense that …

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Get Paycheck Protection Program Answers

paycheck protection program answers

Though Paycheck Protection Program funds are still available to small businesses struggling amid economic hardships brought on by COVID-19, some borrowers and lenders are concerned about ambiguous terms of the loans. In an effort to help answer small business owners’ …

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National Hardware Show Launches New Digital Platform

nhs connects

The National Hardware Show is introducing NHS Connects, a new year-round digital tool featuring content designed specifically for the hardware and home improvement industry. In keeping with the National Hardware Show’s tradition of uniting the industry, NHS Connects enables networking …

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COVID-19 Updates for Canadian Retailers: May 11

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. Ontario Eyes Curbside Pickup as Quebec Reopens Ontario …

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Paycheck Protection Program Funds Still Available

paycheck protection program

Paycheck Protection Program loans are still available to small businesses struggling with the economic downturn caused by COVID-19. Since its start on April 3, the Paycheck Protection Program has delivered more than 3.8 million loans to small businesses through two …

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