Retail sales in April increased for the seventh consecutive month even as gas prices rose and inflation remained high, according to the CNBC/NRF Retail Monitor. “Retail sales continued to grow in April despite higher gas prices driven by the ongoing …
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Ace Hardware released its financial results for the first quarter of 2026, reporting revenues of $2.5 billion, an increase of $242.8 million, or 10.9%. Net income for Q1 was $70.1 million, up $39.8 million from the first quarter of 2025. …
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Do it Best Group announced that Nick Talarico has been named chief operating officer of Do it Best Group, marking the next step in the company’s continued integration of Do it Best and True Value. Following the acquisition of True …
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Hardlines Distribution Alliance (HDA) and North American Tool Suppliers (NATS) recently joined forces to host a combined event at the 2026 Group Merchandising Conference (GMC) in Atlanta. The event melded the NATS Spring Meeting with the receptions, networking and scheduled …
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Southeast Building Supply Interests (SBSI) announced it has acquired Builders Supply Company (Builders Supply), further expanding SBSI’s footprint in Tennessee. This acquisition adds three Builders Supply locations to SBSI’s growing network, bringing the company’s total footprint to 14 locations throughout …
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Inflation in April increased to the highest level in nearly three years, according to the latest Consumer Price Index released by the U.S. Bureau of Labor Statistics. The increase was largely driven by higher energy prices caused by the war …
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Existing home sales edged up in April after reaching a nine-month low in March, but sales remained at historically low levels, according to an analysis from the National Association of Home Builders. Elevated mortgage rates and inflation driven by the …
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rK MILES recently announced it has acquired Varney & Smith Lumber Company, a lumberyard and building materials supplier located in Lisbon, N.H. “This is a good fit for both companies,” says Joe Miles, CEO of rk MILES. “Varney & Smith …
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