Industry News

The Corporate Transparency Act and its beneficial ownership requirement will be enforced again. Following a lifted injunction by a Texas judge who had halted reporting requirements, small businesses must follow the law by March 21. The act and beneficial ownership …

Lowe’s Companies reported a comparable sales increase of 0.2% in Q4 2024, driven by high single-digit pro and online comparable sales, a strong holiday performance and rebuilding efforts after recent hurricanes. Total sales for the quarter were $18.6 billion. “Our results …

Home Depot recently released its fourth quarter 2024 and fiscal 2024 financial data. Q4 2024 Sales for the fourth quarter of fiscal 2024 were $39.7 billion, a $4.9 billion or 14.1% increase year over year. Comparable sales also increased 0.8% …

The Hillman Group and FC Cincinnati have entered a new partnership focused on strengthening community impact in the West End and surrounding neighborhoods in Cincinnati.  “Hillman is honored and thrilled to enter this partnership with FC Cincinnati, a team and …

Westlake Ace signed an agreement to build a new store location in the Monticello Shopping Center in Shawnee, Kansas.  The store is set to open in late 2025 or early 2026 and will feature 12,500 square feet of retail space. …

The owners of Rand’s Hardware in Plymouth, New Hampshire, have agreed to sell their store to The Aubuchon Company and will operate under the name Rand’s Ace Hardware following the acquisition on March 31. “Rand’s Hardware has been a mainstay …

The National Kitchen and Bath Association (NKBA) recently released its 2025 Kitchen and Bath Market Outlook, outlining the current state of the U.S. kitchen and bath industry and projections for the industry’s future. The report notes the kitchen and bath …

Thousands of retailers have gathered in New Orleans, Louisiana, for Orgill’s 2025 Dealer Market, which kicked off today. The Dealer Market runs concurrent to Orgill’s Spring Buying Event, which began Feb. 17 and runs through March 2 and is one …