News

While the pandemic has caused major disruptions, it’s also led to a boom in the lawn and garden industry, as consumers turned to outdoor spaces as places of sanctuary and spent money meant for travel and other activities on their …

After announcing $89.6 billion in fiscal year 2020 sales, big-box home improvement chain Lowe’s is reporting first-quarter net sales of $24.4 billion, up 23.9 percent from the same period in 2020. Net earnings for the company stood at $2.3 billion, …

Big-box retailer Walmart posted its first-quarter sales, which saw the retail giant reporting $138.3 billion in total revenue, an increase of $3.7 billion, or 2.7 percent, from the same quarter last year. Walmart follows a nontraditional fiscal year, with the …

After reporting $130 billion in fiscal year 2020 sales, big-box home improvement chain Home Depot is reporting $37.5 billion in first-quarter 2021 sales. The first-quarter sales total is an increase of roughly $9.2 billion, or 32.7 percent from the same …

U.S. home improvement sales (NAICS 444) stood at $43.2 billion in April, down slightly from $43.4 billion in March, new data from the U.S. Census Bureau shows. However, sales for the sector are roughly 33 percent higher than one year …

The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating retailers in the U.S. to participate in the 2021 Cost of Doing Business Study. For more than 100 years, NHPA …

Home Hardware has announced its 2021 Virtual Fall Market will take place Sept. 27-Oct. 4, 2021. Home Hardware previously held a virtual market this spring, from Mar. 22-29. “Home Hardware continues to leverage technology in new and innovative ways to …

Building materials marketing firm Venveo and market research firm The Farnsworth Group are releasing new data highlighting how DIY purchase behaviors have changed in the past year. After surveying nearly 1,000 DIYers, the insight into DIY purchasing and shopping preferences …