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Consumer Confidence Rises for Third Straight Month

Consumer confidence improved for the third straight month, according to the Conference Board Consumer Confidence Index. The Index now stands at 81.4, up from 74.3 in May, bringing it to its highest level since January 2008 (Index 87.3). “Consumers are …

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Stock Building Supply Holdings files IPO

Stock Building Supply Holdings Inc. filed an initial public offering (IPO), with the goal of raising up to $175 million, according to Reuters. Stock Building Supply, which is based in North Carolina and operates in 13 states, is backed by …

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House-Hasson Reports Increased Attendance at Dealer Market

Knoxville-based House-Hasson Hardware just concluded its dealer market in Sevierville, Tenn., and company officials are reporting marked increases in both vendor and retailer attendance for the event. The company is crediting the increased attendance in part to the decision to …

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Rona Inc. to Sell Commercial and Professional Market Division

Rona Inc., the largest Canadian distributor and retailer of hardware, renovation and gardening products, has entered into an agreement to sell its Commercial and Professional Market division specializing in plumbing, heating, ventilation and air conditioning (HVAC) systems to Talisker Plumbing Corporation, …

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SPONSORED: Scotts Plants Trees for Earth Day

In honor of Earth Day, Scotts is planting a tree for every purchase of Scotts MiracleGro during the month of July. There is nothing to it. Simply go to your local independent hardware store and buy bags of MiracleGro like …

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Builder Confidence Surges in June

Builder confidence in the market for newly-built single-family homes surged eight points in June to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading higher than 50 indicates more …

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