Many major retailers received tariff refunds in the second quarter following the Supreme Court’s rule that President Donald Trump did not have the power to impose tariffs, impacting earnings reports for the quarter. Top home improvement retailers allocated these extra …
Read More »
The Home Depot announced leadership portfolio changes to accelerate innovation and capture a greater share of a large and fragmented total addressable market worth $1.2 trillion. “To capture greater share of this enormous opportunity, our focus is clear: drive our …
Read More »
Gypsum Management & Supply (GMS) announced its acquisition of Central Materials, a stucco, stone, EIFS and masonry distributor that operates two locations in South Texas’s Rio Grande Valley. “We are excited to welcome Central Materials and its highly respected, customer …
Read More »
The Home Depot continues to expand its presence in professional building materials distribution through SRS Distribution, which it acquired in 2024, using acquisitions to add regional operators and expand coverage. SRS Distribution announced it has acquired the commercial roofing division …
Read More »
Among economic headwinds, global conflict and elevated inflation, financial results for the first quarter of 2026 were across the board for top names in the corporate retail world. A majority of companies reported positive results in the quarter, demonstrating resilience …
Read More »
The Home Depot reported its financial results for the first quarter of fiscal 2026, posting net sales for the quarter of $41.8 billion, a 4.8% increase year over year. Comparable store sales for fiscal Q1 2026 increased 0.6%, and comparable …
Read More »
The Home Depot announced it has acquired SIMPL Automation, a Waltham, Massachusetts-based automation and technology systems company. SIMPL uses advanced engineering and AI to help distribution facilities operate faster and more efficiently. Its technology furthers the company’s strategy of same-day/next-day …
Read More »
The National Retail Federation (NRF) recently released the NRF Top 50 Global Retailers list, ranking the 50 most impactful international retailers based on their operations at the start of 2025. Partnering with Kantar to produce the list, NRF and Kantar’s …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
