Walmart Inc. recently announced its board of directors has elected John Furner to succeed Doug McMillon as president and chief executive officer of the company, effective Feb. 1, 2026. “Serving as Walmart’s CEO has been a great honor and I’m …
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Consumer Priorities Shift in Home Improvement Amid Tariff Fluctuations and Price Hikes
In a market currently dominated by tariff concerns, rising prices and economic shifts, consumers in the home improvement industry have shifted their purchasing priorities, according to the Home Improvement Research Institute’s analysis of OpenBrand’s consumer tracking survey. More consumers are …
Read More »U.S. Reopens Federal Government After Longest Shutdown in History
The U.S. government is set to reopen after the 43-day shutdown, the longest in U.S. history. President Donald Trump signed a government funding bill after the House passed the measure on a vote of 222-209. The shutdown caused financial stress …
Read More »RONA Announces Partnership With DoorDash
RONA inc. recently announced a new partnership with DoorDash, making the company the first home improvement and construction retailer on DoorDash in Canada. “This partnership builds upon our desire to better meet customers’ expectations in terms of speed, as well …
Read More »Remodeling Firms Now Dominate Residential Construction Establishments
Remodeling has taken over a significant portion of the residential construction market, with most U.S. households unable to afford new construction. The number of remodeling establishments has nearly doubled in the last 25 years and remodelers now represent over half …
Read More »Mead Lumber Opens New South Dakota Location
Mead Lumber recently announced the opening of its newest location in Sioux Falls, South Dakota. “We’re thrilled to grow our footprint in a community that continues to thrive,” says Dave Anderson, president and CEO of Mead Lumber. “This new location …
Read More »Veterans Bring Valuable Skills to the Home Improvement Industry
A new analysis from SHRM reveals that while the veteran workforce in America continues to shrink, it remains one of the most skilled, experienced and leadership-ready segments of the labor market. According to the Labor Force Snapshot: Veterans in the …
Read More »Tariffs Drive Up Cost of Canadian Softwood Lumber Imports
Trade-related costs of Canadian imports have recently increased due to adjustments to antidumping and countervailing duty rates and the imposition of Section 232 tariffs, according to the National Association of Home Builders’ Eye on Housing. The average duty rate on …
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