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Tag Archives: News

June Retail Sales Up in Multiple States

June retail sales by state

Total U.S. retail sales were up in 25 states and the District of Columbia from June 2024 to June 2025, according to the U.S. Census Bureau’s Monthly State Retail Sales report.  Hawaii saw the most year-over-year growth (18.1%), followed by …

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Remodelers Stay Optimistic Despite Ongoing Cost Pressures

remodeling in residential construction

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the third quarter of 2025, posting a reading of 60, a one point increase over Q2. “Overall, remodelers remain optimistic about the market, although …

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Lowe’s Completes Acquisition to Expand Pro Reach

Lowe's Acquisition

Lowe’s announced it has completed its acquisition of Foundation Building Materials (FBM), a building materials distribution company with over 370 locations across the U.S. and Canada. Through the acquisition, Lowe’s will be expanding its pro customer offerings and faster fulfillment. …

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Retail Sales Slow in September

September retail sales

Retail sales slowed in September but increased on a year-over-year basis as retailers prepare for the holiday season, according to the CNBC/NRF Retail Monitor. “Retail sales dipped in September as consumers hit the pause button after two solid months of …

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R.P. Lumber Enters Indiana Market

R.P. Lumber expands to Indiana

R.P. Lumber Co., recently announced the acquisition of Dye Home Improvement, a hardware store and lumberyard brand with locations in Monticello and Monon, Indiana.  “I was somewhat familiar with R.P. Lumber before talks of an acquisition began,” says Art Dragoo, owner …

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Import Cargo Volumes to Drop for Remainder of Year

import cargo decline

Monthly import cargo volumes are expected to fall below the 2 million TEU mark for the remainder of the year, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “This year’s peak …

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Promoting Pro Loyalty Programs

Pro loyalty programs

Home Depot launched its Pro Xtra Week, a week dedicated to exclusive deals for members of the company’s Pro loyalty program.  Through Oct. 12, 2025, members can earn up to 25% off select building materials, participate in tiered savings deals …

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