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Tag Archives: News

Initial Unemployment Claims Fall Below 1M

unemployment claims

According to data from the U.S. Department of Labor, weekly initial jobless claims have fallen below 1 million for the first time in almost five months. Around 963,000 people filed for first-time unemployment benefits last week. In late March, initial …

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Canadian Headlines for Retailers: June 15

canadian headlines

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. New Lowe’s DC Will Be Western Canada’s Largest …

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Ace Hardware Acquires 50 Great Lakes Ace Stores

Great Lakes Ace

Ace Hardware Corp. confirmed May 22 that the co-op now has full ownership of the Great Lakes Ace Hardware chain. The co-op’s first-quarter financial report says that Ace Hardware experienced revenue increases in early 2019, in part due to the acquisition of …

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CNRG to Reopen 7 Former Orchard Supply Hardware Stores in California

Orchard Supply Hardware

Central Network Retail Group (CNRG), a multiformat, multibrand retailer currently operating 104 hardware stores, home centers and lumberyards throughout 14 U.S. states, announced plans to open seven stores in California, all in locations formerly operated by Orchard Supply Hardware. For …

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NRHA Introduces 2 New Podcast Series

podcast

What are you listening to when you’re stuck in traffic or doing chores around your house? For many people, podcasts fill their time in a productive and fun way. Whether it’s true crime stories or business tips, podcasts can be …

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Lowe’s Becomes Official Home Improvement NFL Retail Sponsor

NFL Retail Sponsor

Lowe’s has finalized a deal to become the official home improvement retail sponsor of the National Football League (NFL), it announced in a press release. The contract runs for an unspecified number of years, and gives the big-box retailer the …

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Do it Best Names New Rental Merchandise Manager

Jason Stofleth

Do it Best Corp. has announced the promotion of Lauren Wilson to rental merchandise manager, effective Dec. 3. Wilson will develop, implement and communicate comprehensive programs for the co-op’s rental, impulse, snacks and store supplies departments, as well as work …

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Amazon May Open Up to 3,000 Brick-and-Mortar Locations

Amazon

Amazon may be expanding Amazon Go, the company’s brick-and-mortar convenience store concept, to as many as 3,000 new locations by 2021, according to Bloomberg. The aggressive and costly expansion would threaten chains like 7-Eleven, quick-service sandwich shops like Subway and Panera Bread, …

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market

2020 Market Measure

Wednesday, Dec. 16 at 2 P.M. ET