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Tag Archives: Industry News

PPG Announces Executive Appointments

PPG Q1 2025 financials

PPG announced multiple leadership appointments as the company continues to focus on driving and delivering on its growth strategy. Tom Maziarz, current PPG vice president of automotive refinish Americas, will become vice president of traffic solutions, effective Dec. 1. Maziarz …

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U.S. Economic Growth Accelerated in Second Quarter

U.S. Economic Growth

In Q2, the U.S. economy grew twice as fast as it did in Q1, which was supported by consumer spending and private inventory investment, according to the National Association of Home Builders (NAHB). Consumer spending rose at its annual rate …

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NRF Recent Census Data Shows Gains in Retail Sales

June retail sales down

Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, says National Retail Federation chief economist Jack Kleinhenz. “The path of household spending remains difficult to …

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The Home Depot Completes SRS Distribution Acquisition

Home Depot Releases Q4 Financials

The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …

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R.P. Lumber Expands in Missouri

R.P. Lumber Alexander

R.P. Lumber announced it is acquiring Thorne Lumber Company, an independently-owned hardware and building materials retailer with three locations in northwestern Missouri. With this acquisition, R.P. Lumber will have 87 locations, including 20 in Missouri. “Strategically, this is the right …

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Q4 2022 Financials From Across the Industry

Q4 financials

See how several home improvement and other big-box retailers performed in the fourth quarter of 2022 with a round-up of Q4 financials. The Home Depot Sales for The Home Depot for the fourth quarter of fiscal 2022 were $35.8 billion, …

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