R.P. Lumber, a family-owned Midwest hardware and building materials retailer, recently purchased two Malcom Lumber locations in Grinnell and Oskaloosa, Iowa, expanding its reach in the state. The chain opened its first Iowa location and 72nd store in February 2021 …
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Analyzing Top Home Improvement Categories
New data from market research firm Numerator is revealing the latest insights into key home improvement categories. Take a look at Numerator’s latest findings to learn how you can use up-to-date shopping data to position your home improvement categories for …
Read More »Tractor Supply Co. Reports Record Q2 Earnings
Big-box home improvement chain Tractor Supply Co. has reported record earnings for its second quarter, which ended June 26. The company’s net sales for the second quarter stood at $3.6 billion, up more than 13 percent from the same period …
Read More »NAHB Chairman Urges Congress to Boost Lumber Production
The National Association of Home Builders‘ (NAHB) chairman Chuck Fowke called on Congress to increase domestic lumber production from federal lands to address the resilience of national forests, resolve lumber supply shortages, rein in elevated prices and improve housing affordability. …
Read More »Home Depot and Lowes Set Sights on Pros
A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …
Read More »Product Shortages Causing Builders to Raise Prices, Preorder
It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …
Read More »Add Your Voice to the Small Business Rising Movement
Small Business Rising, a new coalition of independent businesses, launched in April urging policymakers to reign in monopolies and level the playing field for independent businesses to compete and serve the needs of their communities. Hardware Retailing recently spoke to …
Read More »How COVID-19 Affected June Home Improvement
Market research firms The Farnsworth Group and the Home Improvement Research Institute have released their final COVID-19 tracker report, highlighting the many ways in which the pandemic has affected home improvement DIYers and pros. Take a look at the latest …
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