The rising prices of popular building materials, particularly lumber, are resonating with retailers and customers alike. Earlier this month, new data showed residential home builders reported a 26 percent increase in building material prices. In May, the price of lumber …
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Stine Home and Yard has announced Wendy Stine has become the newest president of Stine, LLC. Stine CEO and former president Dennis Stine says he is pleased to see an experienced member of the Stine team take this vital role. …
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Spahn & Rose Lumber Co. has entered into an agreement to purchase Metro Building Products based in Marietta, Georgia. “Metro Building Products shares the same values and corporate culture as Spahn & Rose,” says Dave Davis, Spahn & Rose’s CEO. …
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In the fastest start-to-finish completion of a ground-up distribution center in the company’s modern history, Orgill has announced that its new Rome, New York, facility is now fully operational and will begin servicing customers in an eight-state region in the …
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The National Retail Federation (NRF) is upwardly revising its estimate on how much consumers will spend across retail sectors in 2021. The organization’s new estimate now stands at $4.4 trillion, and the NRF expects sales to grow between 10.5 and …
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According to the U.S. Bureau of Labor Statistics, the economy added 559,000 jobs in May, reducing the national unemployment rate to 5.8 percent. Notable job gains happened in public and private education, hospitality and health care. Take a deeper dive …
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Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells …
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Home improvement industry pioneer and former Hardware Retailing editor Bob Vereen has died at age 96. He was born Sept. 8, 1924 in Stillwater, Minnesota. He spent his professional life covering the home improvement channel, visiting countless home improvement stores …
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