The U.S. Census Bureau and the U.S. Department of Urban Development recently released data showing positive residential construction statistics for February 2025. Privately-owned housing starts in February 2025 reached 1,501,000, measuring 11.2% above the revised January estimate of 1,350,000. Privately-owned …
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Lowe’s hosted its 2024 Analyst and Investor Conference, where it provided an update on its key growth and productivity initiatives, as well as short-term and long-term financial targets. “As we look ahead to the expected recovery in home improvement, we …
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Do it Best announces the successful acquisition of True Value, a long-time competitor with a legacy brand that benefits both organizations. This monumental transaction represents a transformative milestone for Do it Best, True Value and the entire independent hardware industry. …
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R.P. Lumber Co. Inc. plans to acquire Guyot Lumber & Hardware, an independently owned retailer of hardware, lumber and building materials in Perryville, Missouri. The transaction, scheduled to close on Nov.1 marks R.P. Lumber’s eighth acquisition this year and its …
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It’s been a busy week for acquisitions for LBM retailers. Carter Lumber announced the acquisition of Townsend Building Supply, a building materials dealer with six locations in southern Alabama and the Florida Panhandle. This acquisition continues Carter Lumber’s plans for …
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After acquiring South Texas Hardware and its three stores, Nation’s Best has increased its total store count to 63. Tina Green, regional vice president of operations at Nation’s Best, says South Texas Hardware operates three neighborhood hardware stores in Castroville, …
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At its recent Fall Buying Market Sept. 12-14 in Overland Park, Kansas, Blish-Mize provided its customers and vendors with the “best of both worlds” by offering enhanced ordering technology to streamline purchasing logistics and a one-of-a-kind, personalized in-person experience. The …
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The latest data you need to keep your operation on track is now available. For over 100 years, the North American Hardware and Paint Association (NHPA) has surveyed home improvement operators throughout the U.S. to develop the benchmark report known …
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