The Home Improvement Research Institute (HIRI) Contractor Technology Adoption in Home Improvement Report explores how cutting-edge technology is reshaping the home improvement industry. This study sheds light on the current state of technology adoption among home improvement professionals. AI Adoption According to …
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Enhancing the Customer Experience in 2025
Retailers in the independent channel have the opportunity to cater to specific customer needs, tailoring their offerings and providing personalized customer service. According to the 2023 Zendesk Customer Experience Trends Report, over 50% of customers will switch to a competitor …
Read More »Mortgage Rates See Uptick in April
Mortgage rates increased slightly in April, with the average 30-year fixed-rate mortgage landing at 6.73%, according to Freddie Mac. An analysis from the National Association of Home Builders notes the rising rates followed a sell-off in U.S. Treasury securities, driven …
Read More »OSHA Urges Workplace Safety Talks
Fatalities caused by falls from elevation continue to be the leading cause of death for construction employees, accounting for 421 of the 1,075 construction fatalities recorded in 2023 Bureau of Labor Statistics data. The Occupational Safety and Health Administration’s (OSHA) …
Read More »Home Depot to Expand in 2025
The Home Depot footprint continues to expand across North America, with more than 20 new locations opening in the U.S. since 2023. The company recently outlined its newest store locations across multiple states throughout the rest of the year. Spring …
Read More »Comp Store Sales Down for Tractor Supply in Q1 2025
Tractor Supply Company released its Q1 2025 financials, showing a 0.9% decrease in comparable store sales compared to an increase of 1.1% in Q1 2024. Net sales for Q1 2025 increased 2.1% to $3.47 billion from $3.39 billion in Q1 …
Read More »James Hardie Launches AI Design Tool
James Hardie Building Products Inc., a subsidiary of James Hardie Industries, and Hover, a 3D property technology company, announced the launch of the AI design tool, Hardie™ Designer. With this technology, independent retailers who sell James Hardie products can help …
Read More »Home Depot Named to Top 50 Global Retailers List
The National Retail Federation’s Top 50 Global Retailers list includes the 50 most impactful international retailers based on their operations at the start of 2024. The Home Depot ranked in the 10th spot, with total revenues at the start of …
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