Industry News

Riverhead Building Supply, a family-owned lumber and building materials dealer, recently announced it will acquire certain assets of Contractor Express. This acquisition will significantly strengthen Riverhead Building Supply’s ability to serve customers and communities throughout the South Shore of Nassau …

Target Corporation has announced its financial results for the second quarter of 2026, reporting net sales of $26.5 billion in Q2, up 5.3% from the second quarter of 2025. The quarter’s net sales reflected a 5.0% increase in merchandise sales …

Taking place March 9-10, 2027, in Las Vegas, the Hardlines Supplier Event is where the hardlines industry—including tools, hardware, home improvement, lawn and garden, outdoor living, storage, plumbing, electrical, sporting and recreational goods, housewares, automotive and more—will gather for the …

The Home Depot has announced the nationwide rollout of its Express Delivery program, bringing rapid fulfillment to customers for a small flat fee in U.S. markets, without the need for a subscription or membership. Customers can get essential items in …

Technology company Rundoo recently announced it has raised $30 million in Series B financing led by Battery Ventures, with participation from existing investors Bessemer Venture Partners and CRV, bringing the company’s total funding to $48 million. Rundoo provides an AI-first …

Lowe’s Companies, Inc. recently released its financial results for the second quarter of 2026, reporting total sales for the quarter at $26.0 billion, compared to $24.0 billion in the prior-year quarter. Comparable sales for the quarter increased 0.2%, driven by …

Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders, according to an analysis from the National Association of Home Builders (NAHB). Overall housing starts decreased 12.4% in July …

84 Lumber announced it has named Dustin Hauenstein as chief financial officer. Hauenstein joins the company with more than 25 years of finance and accounting experience across the retail and financial services industries. In his role as chief financial officer, …