Industry News

New data shows the rate of existing home sales in the U.S. has fallen for the third consecutive month after reaching a record high in October. Additionally, April housing starts have also fallen since March. In total, existing home sales …

After confirming record-breaking fiscal year 2020 financial results, Ace Hardware is continuing to reach new heights by posting record first-quarter revenues in 2021. Total revenue for the company hit $2 billion, a 42 percent increase from the first quarter of …

While the pandemic has caused major disruptions, it’s also led to a boom in the lawn and garden industry, as consumers turned to outdoor spaces as places of sanctuary and spent money meant for travel and other activities on their …

After announcing $89.6 billion in fiscal year 2020 sales, big-box home improvement chain Lowe’s is reporting first-quarter net sales of $24.4 billion, up 23.9 percent from the same period in 2020. Net earnings for the company stood at $2.3 billion, …

Big-box retailer Walmart posted its first-quarter sales, which saw the retail giant reporting $138.3 billion in total revenue, an increase of $3.7 billion, or 2.7 percent, from the same quarter last year. Walmart follows a nontraditional fiscal year, with the …

After reporting $130 billion in fiscal year 2020 sales, big-box home improvement chain Home Depot is reporting $37.5 billion in first-quarter 2021 sales. The first-quarter sales total is an increase of roughly $9.2 billion, or 32.7 percent from the same …

U.S. home improvement sales (NAICS 444) stood at $43.2 billion in April, down slightly from $43.4 billion in March, new data from the U.S. Census Bureau shows. However, sales for the sector are roughly 33 percent higher than one year …

The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating retailers in the U.S. to participate in the 2021 Cost of Doing Business Study. For more than 100 years, NHPA …