MANS Lumber & Home announced the acquisition of custom roof truss manufacturer Michigan Timber & Truss. The acquisition better positions MANS Lumber’s capabilities and allows the company to serve its growing customer base in the construction and building sectors. “By integrating …
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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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From major industry-shaking acquisitions to store milestones, industrywide legislation to current events that impacted the channel, the headlines reflected what a monumental year 2024 was for the independent home improvement industry. The Hardware Retailing editorial team took a look back …
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PPG announced multiple leadership appointments as the company continues to focus on driving and delivering on its growth strategy. Tom Maziarz, current PPG vice president of automotive refinish Americas, will become vice president of traffic solutions, effective Dec. 1. Maziarz …
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The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
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In Q2, the U.S. economy grew twice as fast as it did in Q1, which was supported by consumer spending and private inventory investment, according to the National Association of Home Builders (NAHB). Consumer spending rose at its annual rate …
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Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, says National Retail Federation chief economist Jack Kleinhenz. “The path of household spending remains difficult to …
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The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …
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