With the release of its 2024 annual financial reports, two big-box retailers—Amazon and Walmart—have shared goals for 2025 in terms of improving product delivery times to customers. In a letter to shareholders in April, CEO of Amazon Andy Jassy shared …
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PPG Reports Q1 2025 Financials
PPG Industries Inc. recently released its first quarter financial results for 2025. The company reported overall net sales of $3.7 billion in Q1 2025, a decrease of 4% from $3.8 billion in 2024. In the Global Architectural Coatings segment, net …
Read More »PLM Insurance Appoints 2 New Board Members
Pennsylvania Lumbermens Mutual Insurance Company (PLM) recently appointed Steve Sallah and Don Blackwell to its board of directors. Sallah previously served as the president and CEO of LBM Advantage for 13 years until his retirement in 2024. Sallah began his …
Read More »Homeownership Rates Down in Q1 2025
The homeownership rate saw a recent dip, declining to 65.1% in the first quarter of 2025, the lowest level since the first quarter of 2020, according to an analysis by the National Association of Home Builders. Housing affordability is also …
Read More »Sherwin-Williams Releases Q1 2025 Financials
The Sherwin-Williams Company announced its financial results for Q1 2025, with the first quarter ending on March 31, 2025. The Paint Stores Group of Sherwin-Williams Company saw same-store sales increase by 1.2%, up from a 0.1% decrease in Q1 2024, …
Read More »Mother’s Day Spending Expected to Reach Record High
Consumer spending this Mother’s Day is expected to reach $34.1 billion, according to the National Retail Federation (NRF) and Prosper Insights & Analytics, up from last year’s $33.5 billion. 84% of U.S. adults are expected to celebrate Mother’s Day, with …
Read More »Do it Best Group Announces Executive Promotion
The Do it Best Group announced the promotion of Shane Burnworth to the role of True Value divisional merchandise manager. Burnworth most recently worked as merchandise manager for power tools at Do it Best, where he brought growth through strategic vendor …
Read More »HIRI Fast Facts: Professional Technology Trends
The Home Improvement Research Institute (HIRI) Contractor Technology Adoption in Home Improvement Report explores how cutting-edge technology is reshaping the home improvement industry. This study sheds light on the current state of technology adoption among home improvement professionals. AI Adoption According to …
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