The U.S. Commerce Department announced it is raising steel and aluminum tariffs on over 400 products, including appliances, heavy equipment, marine engines, furniture and more. The department says more categories are being added to the list of steel and aluminum …
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Existing Home Sales Rise in July
Existing home sales increased 2% in July as mortgage rates retreated and home price growth slowed, according to the National Association of Realtors’ Existing Home Sales Report. Month-over-month sales increased in the Northeast, South and West, while they decreased in …
Read More »Westlake Ace Hardware Expands in Kansas
Westlake Ace Hardware announced an agreement to acquire Olson’s Ace Hardware, a family-owned hardware retailer with two locations in Kansas. The acquisition will be completed in November 2025. “Throughout our history, providing outstanding customer service has always been at the …
Read More »Target Announces Q2 2025 Financials, New CEO
Target released its Q2 2025 financial report, noting net sales of $25.2 billion, a 0.9% decrease year over year, but a 2% increase from Q1 2025. Comparable store sales decreased 3.2% during Q2, while digital comparable store sales increased 4.3%. …
Read More »Lowe’s Presents Q2 2025 Financials, Announces Distributor Acquisiton
Lowe’s reported its Q2 2025 financial results, marking $24 billion in total sales, a 1.7% increase year over year. Comparable sales for the quarter also increased by 1.1%. Net earnings for Q2 2025 were $2.4 million, a 0.01% increase year …
Read More »Home Depot Reports Q2 2025 Financials
The Home Depot released its Q2 2025 financials, reporting sales of $45.3 billion, an increase of 4.9% from the second quarter of fiscal 2024. Comparable sales for Q2 2025 increased 1% and comparable sales in the U.S. increased 1.4%. Net …
Read More »Building Material Prices Continue to Climb in July
Prices for residential building materials increased in July, reaching the largest year-over-year growth in over two years, according to an analysis from the National Association of Home Builders Eye on Housing report. Construction machinery and metal molding/trim prices rose significantly, …
Read More »Ferguson Do it Best Hardware to Celebrate Grand Opening
Ferguson Do it Best Hardware in Coatesville, Indiana, will celebrate its grand opening on Labor Day weekend. The Ferguson Lumber Corporation has been in operation since 1868 and became a member of Do it Best in 1978. In 2023, the …
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