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 …
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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 …
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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 …
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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, …
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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 …
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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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The U.S. Department of Commerce recently announced it is more than doubling its countervailing duties on Canadian lumber imports from 6.74% to 14.63%. Two weeks ago, the Commerce Department announced it is significantly increasing its anti-dumping duties on Canadian lumber …
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Lowe’s recently held its third annual AI Day and a 24-Hour Hackathon, an event where over 600 Lowe’s associates from across the business signed up to learn about and solve problems with artificial intelligence. Tech teams tackled case studies sourced from …
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