Industry News

For the first time in 130 years, young adults under age 35 aren’t getting married or setting up households with romantic partners as often as they’re living with their parents. A new Pew Research Center analysis of census data shows that millennials aren’t settling …

A proposed federal law to protect consumers and workers could become the first major update to the Toxic Substances Control Act in about 40 years. U.S. House and Senate negotiators this month came to an agreement to help set safety standards for unregulated chemicals, according …

A consumer survey has ranked True Value as the top retailer for the experiences it provides shoppers. The co-op has come out on top in the retail category for delivering the best customer experiences, according to the 2016 Temkin Experience …

Lowe’s hasn’t yet sold its share of a failed home improvement business in Australia, but other big-box retailers, including a large South African company, have expressed interest in buying the venture. The home improvement business includes 63 Masters Home Improvement stores, as well as multiple …

American shoppers spend billions of dollars on gifts annually to celebrate new high school and college graduates and help them transition into their new seasons of life. The average person buying graduation gifts will spend more than $100 per two graduates this spring, research from the …

Due to new federal regulations, many more American workers will soon be eligible for overtime pay, and the effects could be extensive. The new regulations are causing concern in the retail industry because, under the new overtime rules, many store managers and assistant managers …

Independent retailers from more than 50 countries gathered in Indianapolis over the past few days for the Do it Best Spring Market. Besides finding good deals, learning about new products and networking with other retailers, Do it Best Corp. and its …

First-quarter earnings data is out for The Home Depot, Lowe’s Companies, Inc., Ace Hardware Corp. and True Value Co., and the numbers are up for the big-box retailers and the co-ops. Home improvement businesses aren’t suffering the same slumps as clothing stores and other …