As it works to provide independent LBM dealers with innovative digital tools to support pro contractor customers, Do it Best is now offering exclusive pricing for Toolbx—a B2B solution designed to help contractors approve quotes, place orders and pay their …
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HIRI Reports Dip in Market Growth Optimism, Rise in Tariff Concerns Among Contractors
The Home Improvement Research Institute (HIRI) released the Quarterly Contractor Business Tracker Q2 2025 report, evaluating how macroeconomic trends affect contractors’ operations and strategic decision-making. The report noted a dip in market growth optimism, with only 55% of respondents anticipating …
Read More »Grabbing a Piece of the Pro Market
Earlier this week, The Home Depot announced it has entered into an agreement for its specialty trade distribution subsidiary, SRS Distribution Inc. (SRS), to acquire GMS Inc. (GMS), a leading North American speciality building products distributor, for $5.5 billion. The acquisition is …
Read More »Home Improvement Contractors See Mixed Market Opportunities
According to new data from home improvement and design website Houzz, U.S. construction businesses have a positive sentiment regarding home improvement activity in the first quarter of the year, but are tempering their outlook due to ongoing market volatility. The …
Read More »How COVID-19 Is Changing Business for Contractors
Since March, The Farnsworth Group and the Home Improvement Research Institute (HIRI) have collected data on DIYers’ and contractors’ home improvement sentiments during COVID-19. The complete report for the organizations’ Weekly COVID-19 Tracker reveals contractors are relying on brick-and-mortar home …
Read More »The Farnsworth Group, HIRI Partner for Weekly COVID-19 Updates
Market research firms The Farnsworth Group and the Home Improvement Research Institute have announced an ongoing partnership to deliver weekly updates on how COVID-19 is impacting DIYers and contractors. The two organizations say the goal of the weekly updates is …
Read More »10 Blasts From Hardware Retailing’s Past
Over more than a century, Hardware Retailing has adapted to the times to help independent retailers like you stay on the forefront of emerging industry trends and technology to find new paths to success. From profiles of enterprising young retailers …
Read More »Understanding the Forces Influencing U.S. Homebuilding
Home improvement stores are places of possibility. Every aisle, each shelf and all transactions your team earns bring individuals and families one step closer to living in the space of their dreams. Understanding the intersection of home improvement retail and …
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