The Home Improvement Research Institute (HIRI) U.S. Size of the Home Improvement Market Report is a monthly benchmark for how the industry is faring. See four fast facts from the study: Consumer Spending Drives the Market The home improvement market …
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Overall Housing Starts Down in May
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts in May decreased 9.8% to a seasonally adjusted annual rate of 1.26 million units. Single-family starts increased 0.4% to a 924,000 seasonally …
Read More »spoga+gafa to Bring New Stages and Features to the 2025 Show
spoga+gafa, the premier international garden and barbecue trade fair, taking place from June 24- 26, 2025, in Cologne, Germany, will feature an extensive product show, a diversified event program with new stages and special events. The lecture program of spofa+gafa …
Read More »Consumers Continue to Spend on Retail as Tariff Impact Looms
Data released today by the U.S. Census Bureau showed retail sales growth in May despite a downturn in overall sales amid fluctuating tariffs on imported merchandise, according to the National Retail Federation (NRF). May retail sales in the building and …
Read More »True Value Awards Grants to Support Local Community Youth Spaces
True Value announced it has awarded 171 grants to stores across the U.S. and abroad through the True Value Foundation to support local stores in creating and revamping community spaces for children and teens. “This is an investment in the …
Read More »CNRG Names New President
Central Network Retail Group (CNRG)—a wholly owned subsidiary of Orgill, comprised of 143 stores and 18 brands in 16 states—announced that Craig Cowart has been promoted to the role of company president. Cowart had been serving as chief operating officer …
Read More »Home Depot Announces Northernmost Store in Canada
The Home Depot Canada recently announced the opening of their newest store location in Fort McMurray, Alberta, opening in the spring of 2026. The store will be Home Depot Canada’s 28th store in Alberta and its northernmost store in the …
Read More »Retail Sales Continue to Grow in May
Retail sales in May continued to grow despite a slowdown on stocking up ahead of tariffs, according to the CNBC/National Retail Federation’s (NRF) Retail Monitor. “The data for May indicates that the pull-forward in consumer demand ahead of tariffs is …
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