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Tag Archives: Industry News

Retail Demand Fluctuates as Weather Shifts

spring product demand

As spring brings in temperature changes, product demand shifts for retailers as well. According to research from the National Retail Federation and Planalytics, weather impacted consumer demand for certain products in Q1 2025. February saw the coldest temperatures since 2022 …

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Overall Net Sales Decrease for PPG in Q1 2025

PPG Q1 2025 financials

PPG Industries Inc. recently released its first quarter financial results for 2025. The company reported overall net sales of $3.7 billion in Q1 2025, a decrease of 4% from $3.8 billion in 2024. In the Global Architectural Coatings segment, net …

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PLM Insurance Appoints 2 New Board Members

PLM board of directors

Pennsylvania Lumbermens Mutual Insurance Company (PLM) recently appointed Steve Sallah and Don Blackwell to its board of directors.  Sallah previously served as the president and CEO of LBM Advantage for 13 years until his retirement in 2024. Sallah began his …

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Homeownership Rates Down in Q1 2025

Homeownership rates Q1 2025

The homeownership rate saw a recent dip, declining to 65.1% in the first quarter of 2025, the lowest level since the first quarter of 2020, according to an analysis by the National Association of Home Builders. Housing affordability is also …

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Same-Store Sales Up for Sherwin-Williams

Sherwin-Williams Q2

The Sherwin-Williams Company announced its financial results for Q1 2025, with the first quarter ending on March 31, 2025. The Paint Stores Group of Sherwin-Williams Company saw same-store sales increase by 1.2%, up from a 0.1% decrease in Q1 2024, …

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Mother’s Day Spending Expected to Reach Record High

Mother's Day Spending

Consumer spending this Mother’s Day is expected to reach $34.1 billion, according to the National Retail Federation (NRF) and Prosper Insights & Analytics, up from last year’s $33.5 billion. 84% of U.S. adults are expected to celebrate Mother’s Day, with …

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Do it Best Group Announces Executive Promotion

Do it Best Promotion

The Do it Best Group announced the promotion of Shane Burnworth to the role of True Value divisional merchandise manager.  Burnworth most recently worked as merchandise manager for power tools at Do it Best, where he brought growth through strategic vendor …

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Enhancing the Customer Experience in 2025

customer experience statistics

Retailers in the independent channel have the opportunity to cater to specific customer needs, tailoring their offerings and providing personalized customer service. According to the 2023 Zendesk Customer Experience Trends Report, over 50% of customers will switch to a competitor …

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