Walmart released its Q2 fiscal year 2026 financial results, posting new sales of $120.9 billion, a 4.8% increase year over year. Comparable sales for the second quarter were $5.5 billion, a 0.4% increase year over year. Walmart attributes the increase …
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Steel Tariffs Expanded
The U.S. Commerce Department announced it is raising steel and aluminum tariffs on over 400 products, including appliances, heavy equipment, marine engines, furniture and more. The department says more categories are being added to the list of steel and aluminum …
Read More »Existing Home Sales Rise in July
Existing home sales increased 2% in July as mortgage rates retreated and home price growth slowed, according to the National Association of Realtors’ Existing Home Sales Report. Month-over-month sales increased in the Northeast, South and West, while they decreased in …
Read More »Westlake Ace Hardware Expands in Kansas
Westlake Ace Hardware announced an agreement to acquire Olson’s Ace Hardware, a family-owned hardware retailer with two locations in Kansas. The acquisition will be completed in November 2025. “Throughout our history, providing outstanding customer service has always been at the …
Read More »Lowe’s Presents Q2 2025 Financials, Announces Distributor Acquisiton
Lowe’s reported its Q2 2025 financial results, marking $24 billion in total sales, a 1.7% increase year over year. Comparable sales for the quarter also increased by 1.1%. Net earnings for Q2 2025 were $2.4 million, a 0.01% increase year …
Read More »Building Material Prices Continue to Climb in July
Prices for residential building materials increased in July, reaching the largest year-over-year growth in over two years, according to an analysis from the National Association of Home Builders Eye on Housing report. Construction machinery and metal molding/trim prices rose significantly, …
Read More »Ferguson Do it Best Hardware to Celebrate Grand Opening
Ferguson Do it Best Hardware in Coatesville, Indiana, will celebrate its grand opening on Labor Day weekend. The Ferguson Lumber Corporation has been in operation since 1868 and became a member of Do it Best in 1978. In 2023, the …
Read More »Cardwell Do it Best Home Center Named 2025 Member of the Year by Do it Best
Cardwell Do it Best Home Center has been honored as the 2025 Member of the Year in the 5,000-12,000 square foot store category by Do it Best. Located on Indy’s Southside at 3205 Madison Avenue and serving customers online, Cardwell …
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