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 …
Read More »Todd Taber
U.S. Retail Sales Fall Record 16% in April
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 …
Read More »Canadian Headlines for Retailers: May 18
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 …
Read More »Register Now: NRHA Town Hall to Focus on Employment Law Amid COVID-19
The North American Retail Hardware Association (NRHA) invites all independent retailers to its third virtual town hall session, to be held Thursday, May 21 at 4 p.m. ET. This session will focus on employment law concerns independent home improvement retailers …
Read More »Get 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’ …
Read More »National Hardware Show Launches New Digital Platform
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 …
Read More »COVID-19 Updates for Canadian Retailers: May 11
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 …
Read More »Paycheck Protection Program Funds Still Available
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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