Home » News

News

NRF Projects 2021 Retail Sales to Top $4.4T

2021 retail sales

The National Retail Federation (NRF) is upwardly revising its estimate on how much consumers will spend across retail sectors in 2021. The organization’s new estimate now stands at $4.4 trillion, and the NRF expects sales to grow between 10.5 and …

Read More »

Bliffert Lumber & Hardware Hires Commercial Architectural Consultant

Bliffert Lumber

Bliffert Lumber & Hardware announced that it has hired Stelios Fakiroglou as the company’s commercial architectural consultant and outside sales. Fakiroglou brings more than 30 years of experience helping architectural and contracting firms successfully design and install fenestration products, which …

Read More »

Buying Event to Promote American-Made Products

american-made products

As retailers across sectors have all struggled with supply chain disruptions in the past year, the Made in America buying event is encouraging business owners to take a look closer to home to enhance their inventories. The Made in America …

Read More »

3 Takeaways From the May Jobs Report

may jobs report

According to the U.S. Bureau of Labor Statistics, the economy added 559,000 jobs in May, reducing the national unemployment rate to 5.8 percent. Notable job gains happened in public and private education, hospitality and health care. Take a deeper dive …

Read More »

Home Builders Report Sharp Increase in Building Material Prices

building material prices

Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells …

Read More »

Taylor’s Expanding to 2 New Markets

Taylor's expansion

Taylor’s Do it Center and Pleasants Hardware is expanding its footprint, opening its 20th and 21st locations in Virginia this fall. Joe Taylor, president and CEO, says the company will open a new Pleasants Hardware location in New Kent in …

Read More »

Lowe’s Names New Chairman of Board of Directors

Lowe's chairman

Marvin Ellison, Lowe’s president and CEO, has added an additional role to his job duties and will now also serve as the chairman of the board. Ellison, who joined the company in July 2018 as president, chief executive officer and …

Read More »

In Memoriam: Home Improvement Pioneer Bob Vereen

bob vereen

Home improvement industry pioneer and former Hardware Retailing editor Bob Vereen has died at age 96. He was born Sept. 8, 1924 in Stillwater, Minnesota. He spent his professional life covering the home improvement channel, visiting countless home improvement stores …

Read More »