Hammond Lumber Company recently announced plans to acquire Ware-Butler Building Supply. The acquisition is planned to close on July 31, 2025. The transition includes 15 Ware-Butler retail locations in Maine and all Ware-Butler employees will be offered continued employment at …
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House-Hasson Appoints New Key Leadership
House-Hasson Hardware recently announced the appointment of Jay Bunch as chief financial officer and Matthew Patti as vice president of purchasing. Bunch brings over 30 years of financial leadership and accounting experience to House-Hasson as a licensed CPA in the …
Read More »Lowe’s Foundation Awards New Grants to Address Skilled Trades Labor Shortage
The Lowe’s Foundation announced the funding of 12 new Gable Grants for community and technical colleges to address the shortage of skilled trades workers in the U.S. Recipients of the grants span across 60 organizations that are paving pathways into …
Read More »Single-Family Starts Down in June
Single-family housing starts decreased in June to the lowest rate since July 2024, due to elevated interest rates, rising inventories and ongoing supply issues in the housing sector, according to the National Association of Home Builders (NAHB). While overall housing …
Read More »Hardware Store Sales Up in First Half of 2025
Recent data released by the U.S. Census Bureau revealed a surge in some U.S. retail sales categories last month, including an increase in hardware store sales in May. U.S. retail and food service sales for June 2025 were $720.1 billion, …
Read More »Aubuchon Company Expands to Rhode Island
The Aubuchon Company recently announced the acquisition of Wyoming Ace Hardware in Wyoming, Rhode Island. The store will be relocated to Richmond, Rhode Island and will be rebranded to Aubuchon Ace Hardware. Rick and Linda Osborne, owners of Wyoming Ace …
Read More »Builder Confidence Up in July, Affordability Challenges Persist
In July, builder confidence in the market for newly built single-family homes was 33, up one point from June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder confidence for future sales expectations increased …
Read More »Remodeling Spending Expected to Soften in 2026
Annual spending for home remodeling is expected to soften in 2026, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. “Weakness in the current …
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