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Industry News

R.P. Lumber Acquiring Mount Carroll Home Center

R.P. Lumber Alexander

R.P. Lumber Co. Inc. plans to acquire the Mount Carroll Home Center, an independently owned retailer of hardware, lumber and building materials in Mount Carroll, Illinois.  “We’ve been friendly competitors and industry peers with R.P. Lumber for as long as …

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Department of Labor Revises Fair Labor Standard Act

Fair Labor Standards Act

The U.S. Department of Labor (DOL) announced a final rule of a revision to the Fair Labor Standards Act (FLSA). Currently, salaried employees making less than $35,568 fall under the FLSA overtime pay protections, ensuring that if they work more …

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How to Approach Risk Mitigation Like the Big Boxes Do

risk management

It’s annual report season, which means analysts and investors are poring over 10-Ks and other government filings to see who met expectations in 2023, who fell short and what’s to come in 2024. As an independent home improvement operator, you …

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