News

Great Lakes Ace recently announced it has signed an agreement to open a new store in Perrysburg, Ohio. The new store will feature over 12,000 square feet of retail space. Renovations are set to begin in early 2026, with a …

Halloween spending is expected to reach a record $13.1 billion this year, up from last year’s $11.6 billion and the previous record of $12.2 set in 2023, according to the National Retail Federation’s (NRF) annual consumer survey conducted by Prosper …

The number of women working in the construction industry rose to around 1.34 million in 2024, with women representing 11.2% of the construction workforce, according to data released in an Eye on Housing report from the National Association of Home …

The Federal Reserve reduced interest rates for the first time since December 2024, amid the risk of rising unemployment, and announced more cuts would follow in response to the declining labor market. Interest rates decreased by a quarter of a …

The Home Improvement Research Institute announced the findings from its latest U.S. Size of the Home Improvement Products Market report, including a revised downward forecast for market growth in 2025 due to continued macroeconomic challenges. The total home improvement market …

Overall housing starts decreased 8.5% in August to a seasonally adjusted annual rate of 1.31 million units as affordability challenges continue, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The August reading of …

Bed Bath & Beyond Inc. has officially completed a $10 million acquisition of Kirkland’s Home’s trade name and related brand assets from The Brand House Collective, Inc. The acquisition adds Kirkland’s to Bed Bath & Beyond Inc.’s other retail brands, …

Builder sentiment levels in September remained unchanged but lower mortgage rates and expectations that the Federal Reserve will cut the federal funds rate led to higher future expectations in the coming months, according to an analysis by the National Association …