News

Total U.S. retail sales were up in 25 states and the District of Columbia from June 2024 to June 2025, according to the U.S. Census Bureau’s Monthly State Retail Sales report.  Hawaii saw the most year-over-year growth (18.1%), followed by …

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2025, posting a reading of 60, a one point increase over Q2. “Overall, remodelers remain optimistic about the market, although …

Lowe’s announced it has completed its acquisition of Foundation Building Materials (FBM), a building materials distribution company with over 370 locations across the U.S. and Canada. Through the acquisition, Lowe’s will be expanding its pro customer offerings and faster fulfillment. …

Retail sales slowed in September but increased on a year-over-year basis as retailers prepare for the holiday season, according to the CNBC/NRF Retail Monitor. “Retail sales dipped in September as consumers hit the pause button after two solid months of …

R.P. Lumber Co., recently announced the acquisition of Dye Home Improvement, a hardware store and lumberyard brand with locations in Monticello and Monon, Indiana.  “I was somewhat familiar with R.P. Lumber before talks of an acquisition began,” says Art Dragoo, owner …

Monthly import cargo volumes are expected to fall below the 2 million TEU mark for the remainder of the year, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “This year’s peak …

Ace Hardware has earned the No. 5 ranking on the Franchise Times Top 400 list for the fourth year in a row. The Franchise Times Top 400 is an exclusive annual ranking of the largest U.S.-based franchise systems by global …

Home Depot launched its Pro Xtra Week, a week dedicated to exclusive deals for members of the company’s Pro loyalty program.  Through Oct. 12, 2025, members can earn up to 25% off select building materials, participate in tiered savings deals …