Costello’s Ace Hardware recently announced its acquisition of Delta Lumber in Whiteford, Maryland. Costello’s will rebrand the business as Delta Lumber Ace Hardware following the acquisition. “With this transition, I am confident that Delta Lumber is in great hands with Costello’s …
Read More »Annie Palmer
Texas Lumber Store and Texas A&M University Partner to Offer Discounted Courses to Employees
Red River Lumber and Texas A&M University-Texarkana recently joined together to offer university courses at a discounted rate to Red River Lumber employees. “Texas A&M University-Texarkana aims to support local workforce development and provide educational opportunities for area businesses,” says …
Read More »Big Box Stores Launch AI Tools
The Home Depot and Lowe’s recently launched their respective AI tools to provide personalized assistance in home improvement projects. Home Depot’s “Magic Apron” Home Depot is launching its suite of generative AI tools, named Magic Apron. The tools will help …
Read More »US LBM Expands in North Carolina
US LBM recently announced the acquisition of Beach Window and Door in Calabash, North Carolina. The founders of Beach Window and Door, Harvey Sutton and David McPherson, will continue to run day-to-day operations at the store. “We’re excited to partner …
Read More »Do it Best Appoints Member Operational Excellence Manager
Do it Best announced the appointment of Scott Morrison as member operational excellence manager. This new role was created to provide members with hands-on expertise to increase productivity and provide profitability in home centers, lumberyards and manufacturing components. In this …
Read More »Westlake Ace Hardware To Expand Footprint in California
Westlake Ace Hardware announced it has signed an agreement to open a new store in the Sacramento, California, area. Ace Hardware of Land Park will feature around 19,000 square feet of retail space and will be located in the former …
Read More »Target Releases 2024 Q4 and Full-Year Financials
Target recently announced financial results for the full year and fourth-quarter of 2024. Total comparable sales increased 1.5% in the fourth quarter, reflecting a 0.5% decrease in comparable store sales. Net sales reached $30.9 billion, 3.1% lower in Q4 2024 …
Read More »U.S. Tariffs on Mexico and Canada Take Effect
Following previous announcements regarding impending tariffs on Canada and Mexico, President Donald Trump has officially imposed 25% tariffs on Mexican and Canadian imports. The president also increased tariffs on Chinese products to 20% and taxes on Canadian energy will be …
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