Tag Archives: Industry News

Hancock Lumber recently announced the appointment of Tim Bonenfant as general manager of the Saco operations. Bonenfant brings over 23 years of retail management experience to Hancock Lumber, having led teams at Walmart and Home Depot. “I have always known …

Consumer experience strategies are constantly adapting to the changing retail landscape and can make or break a customer’s loyalty. Qualtrics recently conducted its 2026 Consumer Experience Trends webinar, detailing what customers want when it comes to shopping experiences, data collection, …

Private residential construction spending increased by 0.8% in August, primarily driven by more spending on multifamily construction and home remodeling, according to the National Association of Home Builders (NAHB). Total residential spending was down 2% year over year as the …

A record 186.9 million customers are expected to shop from Thanksgiving Day through Cyber Monday this year, according to a survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. “The holidays are an important part of …

Existing home sales rose in October to the highest rate in eight months as buyers took advantage of lower mortgage rates, according to the National Association of Realtors (NAR) and an analysis from NAHB’s Eye on Housing. Mortgage rates hovered …

Hartville Hardware recently celebrated the opening of its Middlefield, Ohio, location with a grand opening celebration. The company entered the Middlefield market in 2020 with the acquisition of Centerra Lumber and Supply Company. The grand opening of the new store …

Lowe’s Companies Inc. recently released its financial results for the third quarter of 2025, reporting $20.8 billion in net sales, up from $20.2 billion in Q3 2024, an increase of. Comparable store sales for the quarter increased 0.4%, driven by …

Builder confidence in the market for newly built single-family homes rose one point in November to 38, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “While lower mortgage rates are a positive development for …