Big-box home improvement chain Tractor Supply Co. has reported record earnings for its second quarter, which ended June 26. The company’s net sales for the second quarter stood at $3.6 billion, up more than 13 percent from the same period …
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On June 21-24, PRO Group Inc. held its annual Group Merchandising Conference (GMC) virtually. The 2020 GMC was also held virtually, but this year’s event featured Zoom breakout rooms, allowing attendees to enjoy a more interactive virtual format. Through over …
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Starting July 15, U.S. households with children will begin receiving monthly payments for each child in the household. Part of the American Rescue Plan, the child tax credits will put money into the hands of low and middle-income families to …
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The National Association of Home Builders‘ (NAHB) chairman Chuck Fowke called on Congress to increase domestic lumber production from federal lands to address the resilience of national forests, resolve lumber supply shortages, rein in elevated prices and improve housing affordability. …
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As retailers head into the second half of 2021, National Retail Federation (NRF) chief economist Jack Kleinhenz says the great uncertainty clouding the nation’s economic outlook earlier in the year has transformed into evidence of a recovery from the COVID-19 …
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A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …
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New data from the National Association of Realtors® (NAR) shows pending home sales jumped 8 percent in May, up more than 13 percent from the same period in 2020. The association monitors home sales trends in four U.S. regions, all …
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It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …
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