US LBM recently announced the acquisition of Walker Lumber & Supply in Nashville, Tennessee. “We’re thrilled to be joining US LBM,” say Ray Hayles and Scott McMillan, who will both continue to run Walker Lumber & Supply’s day-to-day operations following the …
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Mortgage rates have been climbing since mid-December, with an average 30-year fixed-rate mortgage reaching 6.96% in January, before easing after the bond market stabilized following President Donald Trump’s postponement of tariffs until Feb. 1, the National Association of Home Builders …
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PPG recently released financial data for the full 2024 year and Q4 of 2024, as well as a hopeful outlook for 2025. Q4 2024 Net sales from continuing operations reached $3.7 billion in 2024 in Q4, compared to $3.9 billion …
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The Sherwin-Williams Company recently released its financial results for the year-end and fourth quarter of 2024, ending on Dec. 31, 2024. The company’s consolidated net sales in 2024 increased to $23.10 billion, a record number. This is primarily due to …
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Ace Retail Holdings recently raised more than $1.4 million funds to benefit Children’s Miracle Network Hospitals (CMN). Over 250 locations across the country participated in this fundraiser. “It is always an honor and privilege to support CMN and the wonderful …
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The Federal Reserve recently announced a pause on rate cuts at the end of a January meeting, holding the federal funds rate between 4.25% to 4.5%, the National Association of Home Builders (NAHB) reports. The Fed notes the economy remains …
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The National Retail Federation (NRF) recently released a list of 25 predictions for the retail industry in 2025. As independent hardware and paint retailers, here are the most significant predictions to prepare for this year. NRF predicts generative AI will …
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Nominations are open for the North American Hardware and Paint Association’s (NHPA) 2025 Young Retailer of the Year award program. NHPA’s Young Retailer of the Year program identifies and recognizes the successes and accomplishments of young home improvement retailers, crucial …
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