Increased economic uncertainty due to tariff concerns and high building material costs has kept builder sentiment low, according to the National Association of Home Builders (NAHB) and the Wells Fargo Housing Market Index (HMI). “The recent dip in mortgage rates …
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Artisan Design Group (ADG) was recently sold to Lowe’s Companies for $1.325 billion by The Sterling Group, a private equity firm. ADG, a nationwide design, distribution and installation services provider based in Dallas, Texas, operates 132 distribution, design and service …
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For the next three years, Ace Hardware will be the Official Hardware and Home Improvement Retail Partner of Major League Baseball. “We’re excited to partner with Ace Hardware, another iconic American brand whose impact has been felt by consumers around …
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The National Retail Federation’s (NRF) CNBC/NRF Retail Monitor recently reported increased retail sales in March following two months of declines. Although sales grew, the gains were moderate due to concerns of rising tariffs. The U.S. Census Bureau’s Advance Monthly Sales …
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The Home Improvement Research Institute’s (HIRI) Recent Home Buyer tracking study details home purchasing and sales patterns over time and how those impact the home improvement industry. The study reveals some significant shifts the home buying sector saw in 2024. …
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During a hearing last week, Judge Karen Owens of the Bankruptcy Court for the District of Delaware approved True Value’s Chapter 11 bankruptcy plan and disclosure statement. The court adjourned for a brief time to allow the debtors to address …
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Gold Beach Lumber Yard announced the acquisition of the Hennick’s Home Center locations in Bandon and Lakeside, Oregon. After adding the new locations, Gold Beach Lumber Yard‘s store count is now nine locations. Hennick’s Home Center operated as a Do …
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The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q1 2025, posting a reading of 63, down five points compared to the previous Q1 2025. Although 63 is still positive, this is the …
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