For the second quarter of 2026, Ace Hardware Corporation reported revenues of $3 billion, an increase of $165.8 million, or 5.9%, from the second quarter of 2025. Net income was $155.6 million for the second quarter of 2026, an increase …
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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 »NAHB Ranks Top States for Remodeling Activity in Q1 2026
California, Texas and Florida continue to account for the largest shares of remodeling activity nationwide, according to first quarter results from the National Association of Home Builders (NAHB) State Projections of Remodeling (SPR). The SPR offers a quarterly state-by-state analysis …
Read More »Home Central Acquires Corning Building Company
Home Central recently announced it has acquired Corning Building Company, renaming the company to Corning’s Home Central. “We are deeply honored to welcome the Corning Building Company into the Home Central family,” says Ben Whittemore & Aaron Gowan, Owners of …
Read More »Builders FirstSource Acquires Innovative Construction Group
Builders FirstSource recently announced it has acquired Innovative Construction Group (ICG) from PulteGroup, Inc. ICG, an off-site single- and multifamily wood-framed construction provider, has plants in Green Cove Springs, Florida, and Florence, South Carolina. “The addition of ICG to …
Read More »Retail Sales Continue Upward Trend in July
Retail sales rose in July for the 10th consecutive month, according to the CNBC/NRF Retail Monitor released by the National Retail Federation. “Retail sales maintained their steady upward momentum in July as consumers kept shopping despite ups and downs in …
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