QXO Inc. has released its financial results for the second quarter of 2026, reporting net sales of $3.25 billion for the quarter, up from $1.91 billion in the second quarter of 2025. “Our second-quarter results reflect current market conditions and …
Read More »Annie Dameworth
Inflation Eases for Second Consecutive Month in July
Inflation eased for the second consecutive month after reaching a three-year high in May, according to an analysis from the National Association of Home Builders. As energy prices leveled, shelter remained the largest factor driving inflation, accounting for one-third of …
Read More »McCoy’s Building Supply Begins Construction on New Retail Location
McCoy’s Building Supply recently announced it broke ground and began construction on a retail location near Canyon Lake, Texas. Located in the Mystic Shores community, the store will be McCoy’s 86th location. “I am excited for McCoy’s to become part …
Read More »Do it Best Group Announces New Partnership With Epicor
Do it Best Group recently announced a new technology services partnership with Epicor designed to give its member-owners access to a right-sized point-of-sale platform backed by greater support from the co-op. Built around Epicor Propello’s cloud-based platform, the new offering …
Read More »Storm Ready: Sunshine Ace Hardware Prepares Southwest Florida For Hurricane Season
With the Florida hurricane season in full swing, Sunshine Ace Hardware stores across the Southwest have created Hurricane Hubs, displays featuring critical hurricane preparedness products, to promote storm preparedness among the community. The store unveiled the Hurricane Hubs at the …
Read More »Home Depot CEO Takes Temporary Medical Leave, Company Announces Interim Management Plan
The Home Depot has announced that chair, president and CEO Ted Decker will take a temporary medical leave of absence, expecting him to return within the next few months. The board of directors, in alignment with Decker’s recommendation, has chosen …
Read More »SRS Distribution Inc. Announces Acquisition of Lohmiller & Company
SRS Distribution Inc. announced it has entered into a definitive agreement to acquire Lohmiller & Company, a wholesale distributor of HVAC equipment serving customers through four locations in Colorado. The terms of the agreement were not disclosed. Headquartered in Denver, …
Read More »Lowe’s Invests $20 Million to Support Community Impact Projects Nationwide
Lowe’s recently announced it has committed $10 million in Lowe’s Community Impact Grants to fund large-scale projects for 100 nonprofit and community organizations along with an additional $10 million to support more than 2,000 associate-led impact projects that will improve community spaces nationwide. The …
Read More »
Hardware Retailing The Industry's Source for Insights and Information



