Industry News

The Home Depot today reported sales of $37.7 billion for the third quarter of fiscal 2023, a decrease of 3.0% from the third quarter of fiscal 2022. Comparable sales for the third quarter of fiscal 2023 decreased 3.1%, and comparable …

With headline after headline warning of the rapid increase of retail theft and other related crimes, retailers have been working toward mitigating the negative impacts of these crimes on their operations and their bottom lines. While it’s clear how retail …

Jack Kleinhenz, National Retail Federation (NRF) chief economist, says 2023 could be another record year for holiday spending.  “The last few holiday shopping seasons have been filled with unmatched peculiarities for consumers and retailers alike,” Kleinhenz says.  In 2020, sales …

The new year brings new styles and new design trends. Houzz predicts that 2024 will bring back styles from the past to strong visual designs. Here are 10 trends Houzz predicts will be trending in 2024. Blending Backsplashes Visually breaking …

$966.6 billion. That amount is how much the National Retail Federation (NRF) forecasts will be spent on gifts and decorations from November 1 to December 31, a 3-4% increase from 2022.  NRF’s holiday forecast is based on economic modeling that …

In an email to retailers on Nov. 3, Ace Hardware president and CEO John Venhuizen updated retailers on the progress being made in remediating the cybersecurity incident that occurred over the weekend of Oct. 28-29.  Venhuizen shared that the Care …

Miller Paint has chosen a fungi-themed neutral tone for its 2024 Color of the Year. Mushroom is an earthy neutral that strikes a balance between warmth and brightness.  “Mushroom is from our Northwest Color Collection and takes its cue from the …

US LBM was recently included on the annual Inc. 5000 list, which ranks the nation’s fastest-growing privately held businesses. This is the first time US LBM has participated in the Inc. 5000 list, which reviews company data to create its …