Industry News Archives - Cutting Edge Products

Holiday Sales Will Have a ‘Whole New Set of Dynamics’

Posted by Contributor
On November 14, 2023
Cutting Edge Products, Holiday Sales

Every retail holiday season since the pandemic has been unique, and that will be the case again this year, National Retail Federation Chief Economist Jack Kleinhenz said today.

R.P. Lumber Hosts Grand Opening for New Location In Sparta, IL

Posted by Contributor
On November 5, 2023
Cutting Edge Products, Industry News

R.P. Lumber recently hosted a grand opening weekend at their new Sparta, Ill., location, formerly occupied by Wright Building Center. On November 3 and 4, more than 250 people attended the two-day celebration.

2023 Holiday to Reach Record Spending Levels

Posted by Contributor
On November 4, 2023
Cutting Edge Products, Holiday Sales

The National Retail Federation today forecast that holiday spending is expected to reach record levels during November and December and will grow between 3% and 4% over 2022 to between $957.3 billion and $966.6 billion.

Do it Best Warehouse Achieves SHARP Renewal

Posted by Contributor
On November 2, 2023
Cutting Edge Products, Holiday Sales

The Safety Consultation and Training Section (SCATS) of the State of Nevada's Division of Industrial Relations recognizes Do it Best’s Mesquite, Nevada distribution center for the successful renewal of the Safety and Health Achievement Recognition Program (SHARP).

US LBM RECOGNIZED AS ONE OF AMERICA’S FASTEST-GROWING PRIVATE COMPANIES

Posted by Contributor
On October 31, 2023
Cutting Edge Products, Industry News

US LBM, a leading distributor of building materials in the United States, was recently included on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing privately held businesses.

Ace Hardware Experiences Cyber Breach

Posted by Contributor
On October 30, 2023
Cutting Edge Products, Tractor Supply

Ace Hardware is investigating a weekend cybersecurity incident that has disrupted shipments. According to an update from Ace Hardware President and CEO John Venhuizen, ”many of our key operating systems, including ACENET, our Warehouse Management Systems, the Ace Retailer Mobile Assistant (ARMA), Hot Sheets, Invoices, Ace Rewards, and the Care Center’s phone system have been interrupted or suspended.”

THE HOME DEPOT ADVANCES APPROACH TO PRO

Posted by Contributor
On October 26, 2023
Cutting Edge Products

The Home Depot today announced changes to align the organization around its largest growth opportunity – enabling its unique ecosystem to serve more pro customers and purchase opportunities.

Retailers Welcome ‘Significant’ Reduction of Debit Card Swipe Fee Cap

Posted by Contributor
On October 25, 2023
Cutting Edge Products

The National Retail Federation said a Federal Reserve proposal released today to lower the cap on debit card “swipe” fees is a welcome move but still leaves the fees significantly higher than banks’ cost to process the transactions.

True Value Sponsors Habitat for Humanity’s Carter Work Project

Posted by Contributor
On October 12, 2023
Carter's Project, Cutting Edge Products, Habitat for Humanity, True Value

True Value Company, one of the world’s largest hardlines wholesalers, is pleased to announce its participation and sponsorship of Habitat for Humanity’s Jimmy & Rosalynn Carter Work Project. This year’s Carter Work Project was a signature build event of Habitat for Humanity International and took place Oct. 1-6 in Charlotte, North Carolina

Tractor Supply Awards $850,000 in Grants Through Partnership With American Farmland Trust

Posted by Contributor
On October 12, 2023
Cutting Edge Products, Tractor Supply

Agnese began his tenure with Wehrung’s Family of Businesses as vice president of sales on September 5,2023. Agnese is responsible for hiring a brand-new sales and operations team that will help expand the precast concrete division and integrate departments and teams across the organization.

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