Industry News

Did you know that a recent study reveals that 18 percent of independent home improvement retailers’ annual purchasing is done at buying markets? In addition, did you know that more than 50 percent of independent retailers list “learning about new products and programs” …

Tractor Supply Company opened new stores and saw increases in sales and income during the second quarter of 2015. The rural lifestyle store chain had net sales of $1.77 billion, an increase of about 12 percent from 2014’s second quarter. Net income …

When the owner of Garber Hardware says “We’ve always been here,” he means his family business has been part of New York City’s history for more than a century. “When people come back to the city to visit, things have changed, …

This week, The Home Depot announced it is buying Interline Brands, a leading national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products. The big-box retail chain is paying about $1.63 billion in cash in a deal expected …

The number of U.S. housing starts for the month of June jumped 9.8 percent from the month prior, and construction of multifamily homes drove that growth, according to The Wall Street Journal. The data from the U.S. Census Bureau and the U.S. Department of Housing …

While many consumers can recognize an independent home improvement store by its small-town feel and top-notch service, many don’t know a business is locally owned and operated if it uses national branding or has multiple locations. Customers may see a …

Nearly 23,000 new retail jobs were added in June, but not in the building materials category, according to the National Retail Federation. Total retail employment – excluding car dealerships, gas stations and restaurants – increased by 212,000 jobs on a year-over-year basis, according …