The U.S. economy lost 20.5 million jobs in April, as many businesses either curtailed service or closed their doors indefinitely amid COVID-19. The decline in jobs is the largest since the government began recording employment data in 1939, reports CNN. …

Ace Hardware Corp. has announced its 2019 financial results, highlighting a year of record revenue for the company. In total, Ace reports 2019 revenue of $6.1 billion, up 7 percent from 2018’s total revenue. The figure marks Ace’s highest revenue …

To reach 120 years of service, Mans Lumber and Millwork president Doug Mans says you have to be able to adapt to changing circumstances, even if it means making difficult decisions in moments of crisis. The family business began as …

The National Retail Federation has released guidance for all retailers as cities, states and provinces begin to relax some COVID-19 restrictions. Called Operation Open Doors, the plan offers helpful insight into how to implement safe social distancing protocols and how …

The North American Retail Hardware Association (NRHA) is inviting independent retailers across North America to its second virtual town hall. This special session with NRHA representatives, retailers and channel partners will focus on how retailers are preparing their businesses for …

More than 3.5 million people filed for unemployment insurance the week ending April 25, according to new data from the U.S. Department of Labor. Since the middle of March, more than 30.3 million Americans, roughly 18 percent of the U.S. …

The Coronavirus Aid, Relief and Economic Security (CARES) Act allocates nearly $350 billion to small businesses that have been adversely affected by the COVID-19 pandemic. One of the most important segments of this legislation is a new loan program from …

For more than four decades, Brinkmann’s True Value Hardware has adapted to serve their Long Island, New York, community. As COVID-19 pushes every retailer to consider new ways to serve, co-owner Ben Brinkmann recently made a much-appreciated donation to his …