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Builder Confidence Remains Low Amid Affordability Challenges

Builder sentiment remains low amid economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs. Confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the National Association of Home …

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Rural King Expands in Alabama

Rural King Lincoln Alabama

Rural King recently announced the opening of its newest Alabama store in Lincoln, marking the company’s ninth location in the state. Grand opening festivities will take place Aug. 14 through Aug. 16. New customers who enroll in RK Rewards at …

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QXO Hits $3.25 Billion in Q2 Net Sales

QXO Q2 2026 financials

QXO Inc. has released its financial results for the second quarter of 2026, reporting net sales of $3.25 billion for the quarter, up from $1.91 billion in the second quarter of 2025. “Our second-quarter results reflect current market conditions and …

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Inflation Eases for Second Consecutive Month in July

July inflation

Inflation eased for the second consecutive month after reaching a three-year high in May, according to an analysis from the National Association of Home Builders. As energy prices leveled, shelter remained the largest factor driving inflation, accounting for one-third of …

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Canadian Tire Reports 0.7% Comparable Sales Growth in Q2 2026

Canadian Tire Q2 2026

Canadian Tire Corporation announced its second quarter 2026 financial results, reporting a 0.7% increase in consolidated comparable sales and 6.3% growth on a two-year stack basis. SportChek led the company’s retail banners, with comparable sales increasing 8.0% and 12.4% on …

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Do it Best Group Announces New Partnership With Epicor

Do it Best Group Epicor

Do it Best Group recently announced a new technology services partnership with Epicor designed to give its member-owners access to a right-sized point-of-sale platform backed by greater support from the co-op. Built around Epicor Propello’s cloud-based platform, the new offering …

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Ace Hardware Revenues Hit $3 Billion for Q2 2026

Ace Q2 2026

For the second quarter of 2026, Ace Hardware Corporation reported revenues of $3 billion, an increase of $165.8 million, or 5.9%, from the second quarter of 2025.  Net income was $155.6 million for the second quarter of 2026, an increase …

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