Increased economic uncertainty due to tariff concerns and high building material costs has kept builder sentiment low, according to the National Association of Home Builders (NAHB) and the Wells Fargo Housing Market Index (HMI). “The recent dip in mortgage rates …
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Lowe’s to Acquire Artisan Design Group for $1.325 Billion.
Artisan Design Group (ADG) was recently sold to Lowe’s Companies for $1.325 billion by The Sterling Group, a private equity firm. ADG, a nationwide design, distribution and installation services provider based in Dallas, Texas, operates 132 distribution, design and service …
Read More »Ace Hardware Announces Partnership With Major League Baseball
For the next three years, Ace Hardware will be the Official Hardware and Home Improvement Retail Partner of Major League Baseball. “We’re excited to partner with Ace Hardware, another iconic American brand whose impact has been felt by consumers around …
Read More »Retail Sales Rise Moderately in March Amid Tariff Concerns
The National Retail Federation’s (NRF) CNBC/NRF Retail Monitor recently reported increased retail sales in March following two months of declines. Although sales grew, the gains were moderate due to concerns of rising tariffs. The U.S. Census Bureau’s Advance Monthly Sales …
Read More »Gold Beach Lumber Yard Acquires 2 Hennick’s Home Center Stores
Gold Beach Lumber Yard announced the acquisition of the Hennick’s Home Center locations in Bandon and Lakeside, Oregon. After adding the new locations, Gold Beach Lumber Yard‘s store count is now nine locations. Hennick’s Home Center operated as a Do …
Read More »Remodeling Sentiment Down in Q1 2025
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q1 2025, posting a reading of 63, down five points compared to the previous Q1 2025. Although 63 is still positive, this is the …
Read More »Paused Tariffs Offer Temporary Relief for Consumers
Days after sweeping tariffs were announced, President Donald Trump has paused tariffs for most nations for 90 days and increased tariffs on Chinese imports to 125%. As a result of these tariffs, Hackett Associates founder Ben Hackett says imports during …
Read More »Houzz Reports Softer Q2 Expectations for Construction and Design Sectors
Houzz, an online design forum, released its Q2 2025 Renovation Barometer, which tracks residential renovation market expectations, project backlogs and recent activity among businesses in the construction sector. The report found that businesses across the construction sector and the architecture …
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