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Remodeling Spending Expected to Soften in 2026

2026 remodeling spending

Annual spending for home remodeling is expected to soften in 2026, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. “Weakness in the current …

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Pittsburgh Paints Co. Announces Price Increases

The Pittsburgh Paints Company (PPC) notified customers that it will implement price increases of 5.8% on its products beginning August 15, citing rising production and distribution costs. Additional higher increases on a smaller group of products were also announced, but …

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Back-to-School Shopping Kicks Off Early

early back-to-school shopping

Back-to-school shoppers have already begun purchasing items for the upcoming school year this month, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. Two-thirds (67%) of shoppers began their shopping in early …

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Tariffs Postponed, New Tariffs Announced

Steel tariffs

Reciprocal tariffs have been placed on a 90-day pause that was originally scheduled to end on July 9. The tariffs will now begin on August 1, giving negotiators additional time to reach agreements. During a cabinet meeting, President Donald Trump …

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Inflation Up in June as Tariffs Drive Prices Upward

inflation up in June

Inflation increased in June as President Trump’s tariffs continue to impact the U.S. economy. The Consumer Price Index rose 2.7% from June of last year, according to the U.S. Bureau of Labor Statistics, the fastest pace since February. Prices rose …

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Sunshine Ace Hardware Opens New Location

Sunshine Ace new location

Sunshine Ace Hardware recently opened a new retail store in Winchester Center, an area in Collier County, Florida. This location is the seventh hardware store in the county. “My grandfather, Don Wynn, started Sunshine Ace Hardware in 1958 with a …

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NHPA Updates Hardware Product Knowledge Courses

The average hardware store has thousands of SKUs, so it’s easy to see why anyone starting a job at a home improvement store could easily be overwhelmed. For many years, retailers have turned to the North American Hardware Association’s (NHPA) …

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