Do it Best has announced expanded capabilities for selling lumber online, offering customers a more streamlined and efficient shopping experience. “Our data showed that lumber was among the top searches on our site, indicating a clear market demand,” says Brianna …
Read More »Original News
Hillman Announces Leadership Succession Plans
Hillman Solutions Group announced that Jon Michael Adinolfi, Hillman’s current chief operating officer, will transition to the role of president and chief executive officer and Doug Cahill, Hillman’s current chairman, president and chief executive officer, will transition to the role …
Read More »U.S. Economic Growth Accelerated in Second Quarter
In Q2, the U.S. economy grew twice as fast as it did in Q1, which was supported by consumer spending and private inventory investment, according to the National Association of Home Builders (NAHB). Consumer spending rose at its annual rate …
Read More »8 Home Improvement Companies Make NRF’s 2024 List of Top 100 Retailers
The National Retail Federation (NRF) released its annual list of the Top 100 Retailers. The 2024 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. The list was compiled by Kantar, a global marketing data, insight and …
Read More »NRF Recent Census Data Shows Gains in Retail Sales
Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, says National Retail Federation chief economist Jack Kleinhenz. “The path of household spending remains difficult to …
Read More »House-Hasson Hardware Finalizes Acquisition of Bostwick-Braun
House-Hasson Hardware has finalized its acquisition of former Midwestern U.S. wholesale hardware distributor Bostwick-Braun’s warehouses and inventory. The acquisition adds two warehouses in Indiana and Arkansas, as well as more than 45,000 stock keeping units (SKU) to its existing 55,000 …
Read More »Nation’s Best Continues Texas Expansion
Nation’s Best Holdings announced the acquisition of Big Bear Hardware, in La Vernia, Texas—its 59th location nationwide. “This is an ideal south-central location just outside of San Antonio,” says Chris Miller, president and CEO of Nation’s Best Holdings. “As we …
Read More »The Home Depot Completes SRS Distribution Acquisition
The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …
Read More »