QXO, Inc. has announced the appointment of Ken West as president and chief operating officer, effective Sept. 1, 2026. West will report to chief executive officer Brad Jacobs and be responsible for QXO’s day-to-day operations. West brings an extensive track …
Read More »
Walmart announced it will begin adding Tap to Pay to payment options at select Walmart stores and Sam’s Club locations, with plans to roll it out to all U.S. stores and clubs by the end of 2026 and to fuel …
Read More »
Housing affordability declined in the second quarter of 2026 as higher mortgage rates, rising construction costs and economic uncertainty weighed on the market. According to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing …
Read More »
Second-quarter results from the home improvement industry’s big-box retailers offered independent dealers a mixed but revealing picture of the market: Customers are still spending, but they remain selective about where—and how much. Home Depot and Lowe’s both reported positive comparable …
Read More »
Walmart reported its financial results for the second quarter of 2026, reporting net sales growth of $125.2 billion, up 3.5% from the previous year. Comparable sales, excluding fuel, were up 2.6% in the quarter while the company’s operating income was …
Read More »
The first of its kind, Goodwill Industries of Upstate/Midlands South Carolina (GIUMSC) announced it is officially opening its Retool & Supply hardware store on Wednesday, August 26th. In partnership with official sponsor and community partner Ingles Markets, this specialty retail …
Read More »
Back-to-school shoppers are still completing their purchases for 2026, with the help of AI-powered shopping tools, discounts, promotions and secondhand products to stretch their budgets, according to new data from the National Retail Federation. As of early August, shoppers had …
Read More »
Residential building material prices, excluding energy, rose 0.4% in July and were up 5% from a year ago. The year-over-year percentage increase in building materials was the highest since December 2022, according to an analysis from the NAHB. Energy prices …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
