News

Single-family housing starts grew slightly in July as builders contine to deal with challenges with housing affordability, labor shortages and elevated construction costs. Led by multifamily construction, overall housing starts increased 5.2% in July to 1.43 million units, according to …

Ace Hardware has launched RedVest Media, The Helpful Network, its new retail media network (RMN) designed to give brands the ability to engage with Ace shoppers with highly targeted, full-funnel advertising across online channels.  “Ace has always been about helping …

SRS Distribution Inc., a building products distributor owned by The Home Depot, announced its acquisition of Roadrunner Roofing Supply, Inc., a wholesale distributor of residential roofing and related accessories. Terms of the agreement were not disclosed. “We are thrilled to …

As retailers walked the aisles of the market floor, sat in on educational sessions, met with vendors and service providers and attended the general session, a common theme running through the Fall 2025 Ace Convention was finding ways to differentiate …

Prices for residential building materials increased in July, reaching the largest year-over-year growth in over two years, according to an analysis from the National Association of Home Builders Eye on Housing report. Construction machinery and metal molding/trim prices rose significantly, …

Last August, along with celebrating 100 years of serving the independent channel, Ace Hardware also unveiled its new experiential store format, ELEVATE³ Ace, at the 2024 Fall Ace Convention. During this year’s 2025 Fall Convention, Ace Hardware celebrated its one-year …

Orgill has hired Julie Albrecht as its new executive vice president and chief financial officer. She will join the company on August 18. Albrecht brings more than 35 years of leadership and finance experience across multiple industries, including building products, …

Ferguson Do it Best Hardware in Coatesville, Indiana, will celebrate its grand opening on Labor Day weekend. The Ferguson Lumber Corporation has been in operation since 1868 and became a member of Do it Best in 1978. In 2023, the …