Existing home sales increased 2% in July as mortgage rates retreated and home price growth slowed, according to the National Association of Realtors’ Existing Home Sales Report. Month-over-month sales increased in the Northeast, South and West, while they decreased in …
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Westlake Ace Hardware Expands in Kansas
Westlake Ace Hardware announced an agreement to acquire Olson’s Ace Hardware, a family-owned hardware retailer with two locations in Kansas. The acquisition will be completed in November 2025. “Throughout our history, providing outstanding customer service has always been at the …
Read More »Ace Hardware Opens 100th Store in 2025
Ace Hardware has marked the opening of its 100th new store of 2025. Over the past five years, Ace has opened more than 930 new stores and remains on pace to open more than 175 by the end of 2025. …
Read More »Target Announces Q2 2025 Financials, New CEO
Target released its Q2 2025 financial report, noting net sales of $25.2 billion, a 0.9% decrease year over year, but a 2% increase from Q1 2025. Comparable store sales decreased 3.2% during Q2, while digital comparable store sales increased 4.3%. …
Read More »Lowe’s Presents Q2 2025 Financials, Announces Distributor Acquisiton
Lowe’s reported its Q2 2025 financial results, marking $24 billion in total sales, a 1.7% increase year over year. Comparable sales for the quarter also increased by 1.1%. Net earnings for Q2 2025 were $2.4 million, a 0.01% increase year …
Read More »Gillman Home Center Opens New Indiana Store
Gillman Home Center, which operates 17 locations throughout Indiana and Ohio, celebrated the opening of its newest store in North Vernon, Indiana. The grand opening hosted the community for activities, prize giveaways and limited-time savings. Kicking off with a ribbon-cutting …
Read More »Home Depot Reports Q2 2025 Financials
The Home Depot released its Q2 2025 financials, reporting sales of $45.3 billion, an increase of 4.9% from the second quarter of fiscal 2024. Comparable sales for Q2 2025 increased 1% and comparable sales in the U.S. increased 1.4%. Net …
Read More »Single-Family Housing Starts Rise Among Challenges
Single-family housing starts grew slightly in July as builders contine to deal with challenges with housing affordability, labor shortages and elevated construction costs. Led by multifamily construction, overall housing starts increased 5.2% in July to 1.43 million units, according to …
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