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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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 …
Read More »U.S. Unemployment Rate Hits 14.7%
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. …
Read More »NRF Issues Guidance for Retailers as COVID-19 Restrictions Ease
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 …
Read More »NRHA Invites Retailers to 2nd Virtual Town Hall
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 …
Read More »U.S. Unemployment Grows by 30M in 6 Weeks
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. …
Read More »COVID-19: Updates for Canadian Retailers
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. Homebuilding Resumes in Quebec, With Safeguards The …
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