Current and future remodeling business conditions continue to show growth, according to National Association of the Remodeling Industry’s (NARI) third-quarter Remodeling Business Pulse (RBP) data. Quarter-over-quarter increases are evident in nearly all sub-components measuring remodeling activity. Entering into the holiday …
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True Value reported revenue of $346.5 million, an increase of 2.0 percent or $6.9 million from $339.6 million a year ago. The company attributes the growth to its growing Destination True Value (DTV) retail footprint and increased wholesale sales; the …
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Recently, Brian Buswell, owner of All American Do it Center, talked with a contractor who wanted to buy an auger. The cost for the auger and bit would be about $1,500—a prohibitive price tag for a piece of equipment the …
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Retail sales increased 0.6 percent seasonally adjusted from last month, and 3.8 percent unadjusted year-over-year, according to the National Retail Federation. Building material and garden equipment and supplies dealers stores’ sales also increased 0.1 percent seasonally adjusted. “Retailers witnessed a solid …
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Frank Filmeck, longtime CEO of the Busy Beaver Building Centers chain, resigned from the company late last month. Joseph Kallen, a local business entrepreneur, will serve as the company’s new CEO. Busy Beaver Building Centers was founded in 1962 in …
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The home remodeling market continues to grow, with strong gains predicted through the beginning of 2014, according to the Leading Indicator of Remodeling Activity (LIRA) recently released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. …
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After hitting the highest level in nearly four years, existing-home sales declined in September, but limited inventory conditions continued to pressure home prices in much of the country, according to the National Association of Realtors®. Total existing-home sales declined 1.9 percent to a …
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Lumber Liquidators reported net sales increased $50 million, or 24.5 percent, to $254.3 million in the third quarter of 2013 from $204.3 million in the third quarter of 2012. Comparable-store net sales increased 17.4 percent for the quarter, driven by a 9.8 percent increase in …
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