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Tag Archives: Industry News

Lowe’s to Acquire Artisan Design Group for $1.325 Billion.

Lowe's ADG

Artisan Design Group (ADG) was recently sold to Lowe’s Companies for $1.325 billion by The Sterling Group, a private equity firm. ADG, a nationwide design, distribution and installation services provider based in Dallas, Texas, operates 132 distribution, design and service …

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Retail Sales Rise Moderately in March Amid Tariff Concerns

February retail sales

The National Retail Federation’s (NRF) CNBC/NRF Retail Monitor recently reported increased retail sales in March following two months of declines. Although sales grew, the gains were moderate due to concerns of rising tariffs. The U.S. Census Bureau’s Advance Monthly Sales …

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HIRI Fast Facts: Homebuyer Trends in 2024

Housing affordability for first-time home buyers

The Home Improvement Research Institute’s (HIRI) Recent Home Buyer tracking study details home purchasing and sales patterns over time and how those impact the home improvement industry. The study reveals some significant shifts the home buying sector saw in 2024. …

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Bliffert Lumber Announces Sales Promotion

Bliffert Promotion

Bliffert Lumber announced the promotion of Lauren Parsons to director of sales. Parsons joined the company in 2022 as a sales manager and has since been instrumental in shaping and executing its sales strategy. “Lauren has shown tremendous drive and …

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NRF Predicts Record Easter Spending

Easter Spending 2025

An annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics reveals consumers plan to spend $23.6 billion on Easter this year, surpassing the $22.4 billion spent in 2024. Around 79% of U.S. consumers plan to celebrate …

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Strong U.S. Job Growth Precedes Trade Uncertainty

U.S. job market

The U.S. job market added 228,000 jobs in March ahead of President Donald Trump’s imposed tariffs, according to the U.S. Bureau of Labor Statistics’ Employment Situation for March 2025. The number of jobs added last month was up from the …

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NRF Gives State of Retail and Consumer for 2025

State of Retail & The Consumer

The National Retail Federation (NRF) hosted its fifth annual State of Retail & The Consumer presentation, covering a variety of topics, including how to serve customers, consumer trends and a 2025 retail sales forecast. The presentation also featured insights from …

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