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Tag Archives: Industry News

Homeownership Rates Increase in Q3

Homeownership

The latest data from the United States Census Bureau’s Housing Vacancy Survey show the homeownership rate rose to 65.3%. Despite this quarterly increase, the trend continues to reflect significant affordability challenges. With mortgage interest rates remaining elevated and housing supply …

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Friedman’s Announces 2 Executive Appointments

Friedman's Appointment

Friedman’s Home Improvement, which operates four locations around Northern California, announced two new appointments to its leadership team. Sushil Singh has been appointed as vice president and Jake Wilson takes on the role of vice president of merchandising and replenishment. …

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FastQuery Brings On Business Development Expert

Houzz AI report

Combining AI chat, task management and operations analytics—tied directly to a retailers POS inventory—FastQuery is an AI copilot built for independent home improvement retailers. FastQuery helps store associates quickly find product information like aisle numbers, price and comparable items using voice …

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Construction Job Openings Hold Steady in October

construction sector jobs

The number of open, unfilled positions in the construction industry was relatively unchanged in October, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey.  The current level of open jobs is down from two years ago …

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Costello’s Ace Hardware Expands in Pennsylvania

Costello's Ace Hardware expands in Pennsylvania

Costello’s Ace Hardware recently announced plans for a new retail location in Abington, Pennsylvania, continuing the store’s expansion in the Northeast and Mid-Atlantic. The nearly 12,000-square-foot retail space will feature one of Ace’s experiential store designs. “We are excited to …

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