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Jacob Musselman

Jacob is the content coordinator for Hardware Retailing Magazine. A lifelong Hoosier, Jacob earned a B.S. in journalism and telecommunications with a minor in digital publishing from Ball State University. He loves making bagels, going to farmers markets with his wife Hannah and two dogs and watching Formula One.

Steel Tariffs Expanded

building materials tariff bill

The U.S. Commerce Department announced it is raising steel and aluminum tariffs on over 400 products, including appliances, heavy equipment, marine engines, furniture and more. The department says more categories are being added to the list of steel and aluminum …

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Existing Home Sales Rise in July

mortgage

Existing home sales increased 2% in July as mortgage rates retreated and home price growth slowed, according to the National Association of Realtors’ Existing Home Sales Report. Month-over-month sales increased in the Northeast, South and West, while they decreased in …

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Westlake Ace Hardware Expands in Kansas

Ace Hardware award recognition

Westlake Ace Hardware announced an agreement to acquire Olson’s Ace Hardware, a family-owned hardware retailer with two locations in Kansas. The acquisition will be completed in November 2025. “Throughout our history, providing outstanding customer service has always been at the …

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Target Announces Q2 2025 Financials, New CEO

Target Q4 2025

Target released its Q2 2025 financial report, noting net sales of $25.2 billion, a 0.9% decrease year over year, but a 2% increase from Q1 2025. Comparable store sales decreased 3.2% during Q2, while digital comparable store sales increased 4.3%. …

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Gillman Home Center Opens New Indiana Store

Gillman Home Center

Gillman Home Center, which operates 17 locations throughout Indiana and Ohio, celebrated the opening of its newest store in North Vernon, Indiana. The grand opening hosted the community for activities, prize giveaways and limited-time savings. Kicking off with a ribbon-cutting …

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Home Depot Reports Q2 2025 Financials

Home Depot express delivery

The Home Depot released its Q2 2025 financials, reporting sales of $45.3 billion, an increase of 4.9% from the second quarter of fiscal 2024. Comparable sales for Q2 2025 increased 1% and comparable sales in the U.S. increased 1.4%. Net …

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Single-Family Housing Starts Rise Among Challenges

May housing starts

Single-family housing starts grew slightly in July as builders contine to deal with challenges with housing affordability, labor shortages and elevated construction costs. Led by multifamily construction, overall housing starts increased 5.2% in July to 1.43 million units, according to …

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