Lowe’s reported its Q2 2025 financial results, marking $24 billion in total sales, a 1.7% increase year over year. Comparable sales for the quarter also increased by 1.1%. Net earnings for Q2 2025 were $2.4 million, a 0.01% increase year …
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Gillman Home Center Opens New Indiana Store
Gillman Home Center, which operates 17 locations throughout Indiana and Ohio, celebrated the opening of its newest store in North Vernon, Indiana. The grand opening hosted the community for activities, prize giveaways and limited-time savings. Kicking off with a ribbon-cutting …
Read More »Home Depot Reports Q2 2025 Financials
The Home Depot released its Q2 2025 financials, reporting sales of $45.3 billion, an increase of 4.9% from the second quarter of fiscal 2024. Comparable sales for Q2 2025 increased 1% and comparable sales in the U.S. increased 1.4%. Net …
Read More »Single-Family Housing Starts Rise Among Challenges
Single-family housing starts grew slightly in July as builders contine to deal with challenges with housing affordability, labor shortages and elevated construction costs. Led by multifamily construction, overall housing starts increased 5.2% in July to 1.43 million units, according to …
Read More »Ace Hardware Introduces New Retail Media Platform
Ace Hardware has launched RedVest Media, The Helpful Network, its new retail media network (RMN) designed to give brands the ability to engage with Ace shoppers with highly targeted, full-funnel advertising across online channels. “Ace has always been about helping …
Read More »SRS Distribution Acquires Texas Roofing Distributor
SRS Distribution Inc., a building products distributor owned by The Home Depot, announced its acquisition of Roadrunner Roofing Supply, Inc., a wholesale distributor of residential roofing and related accessories. Terms of the agreement were not disclosed. “We are thrilled to …
Read More »Ace Hardware Retailers Explore Ways to Grow at 2025 Fall Convention
As retailers walked the aisles of the market floor, sat in on educational sessions, met with vendors and service providers and attended the general session, a common theme running through the Fall 2025 Ace Convention was finding ways to differentiate …
Read More »Building Material Prices Continue to Climb in July
Prices for residential building materials increased in July, reaching the largest year-over-year growth in over two years, according to an analysis from the National Association of Home Builders Eye on Housing report. Construction machinery and metal molding/trim prices rose significantly, …
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