Lowe’s announced it has completed its acquisition of Foundation Building Materials (FBM), a building materials distribution company with over 370 locations across the U.S. and Canada. Through the acquisition, Lowe’s will be expanding its pro customer offerings and faster fulfillment. …
Read More »
Retail sales slowed in September but increased on a year-over-year basis as retailers prepare for the holiday season, according to the CNBC/NRF Retail Monitor. “Retail sales dipped in September as consumers hit the pause button after two solid months of …
Read More »
R.P. Lumber Co., recently announced the acquisition of Dye Home Improvement, a hardware store and lumberyard brand with locations in Monticello and Monon, Indiana. “I was somewhat familiar with R.P. Lumber before talks of an acquisition began,” says Art Dragoo, owner …
Read More »
Monthly import cargo volumes are expected to fall below the 2 million TEU mark for the remainder of the year, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “This year’s peak …
Read More »
Ace Hardware has earned the No. 5 ranking on the Franchise Times Top 400 list for the fourth year in a row. The Franchise Times Top 400 is an exclusive annual ranking of the largest U.S.-based franchise systems by global …
Read More »
Home Depot launched its Pro Xtra Week, a week dedicated to exclusive deals for members of the company’s Pro loyalty program. Through Oct. 12, 2025, members can earn up to 25% off select building materials, participate in tiered savings deals …
Read More »
Hancock Lumber recently announced Matt Duprey, the company’s sawmill chief of sales, has been elected as the newest chairman of the Northeastern Lumber Manufacturers Association (NeLMA). The NeLMA is a rules-writing agency for Eastern White Pine lumber and the grading …
Read More »
Westlake Ace Hardware recently announced the opening of a new location in Rancho Santa Margarita, California. The store is Westlake Ace’s 22nd location in California and the second store in Orange County. The store officially opened its doors on Oct. …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
