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Tag Archives: Industry News

Retail Sales Surge in April Amid Tariff Concerns

April retail sales

Retail sales grew in April as consumers prepared for the higher prices expected because of the tariffs, according to the National Retail Federation’s CNBC/NRF Retail Monitor. Sales for building and garden supply stores were up 2.77% month over month seasonally …

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Westlake Ace Hardware Expands in California

Westlake Ace Acquisition Dale Hardware

Westlake Ace Hardware announced it has agreed to acquire Dale Hardware Inc., a family-owned Ace retailer in Fremont, California. The acquisition will be completed July 28, 2025. Dale Hardware will be rebranded as Ace Hardware of Fremont after the finalized …

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HIRI Study Finds Renters Embrace DIY and Digital Channels

HIRI renter study

The Home Improvement Research Institute’s Renter’s Home Improvement Activity Study examines how and why renters are taking on more home improvement projects, providing a detailed look at renters’ behaviors, motivations and future intentions. The study found that renters prioritize affordable, …

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New Home Prices Drop as Existing Home Prices Rise

Existing-Home Sales

The median price for a new single-family home sold in the first quarter of 2025 was $416,900, $14,600 above the existing home sale price of $402,300, according to U.S. Census Bureau and National Association of Realtors (NAR) data. Traditionally, new …

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Trex Expands Leadership Team

Trex executive hires

Trex Company, a manufacturer of wood-alternative decking and railing products, announced the addition of two key executives to their team.  Jodi Lee will be joining Trex as senior vice president of marketing and Kevin Brennan is joining as vice president …

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HPM Building Supply Opens First O’ahu Design Centers

HPM O'ahu Design Centers

HMP Building Supply announced the official opening of the HPM O’ahu Design Centers, launching the first Honolulu location in company history and the first O’ahu location dedicated to HPM’s home interior design products. The over 7,000 square feet of showrooms …

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