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Home Depot To Buy Distributor for $1.6B

This week, The Home Depot announced it is buying Interline Brands, a leading national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products. The big-box retail chain is paying about $1.63 billion in cash in a deal expected …

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Apartment Construction Leads June Housing Starts

The number of U.S. housing starts for the month of June jumped 9.8 percent from the month prior, and construction of multifamily homes drove that growth, according to The Wall Street Journal. The data from the U.S. Census Bureau and the U.S. Department of Housing …

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Do Consumers Know You Are Locally Owned?

While many consumers can recognize an independent home improvement store by its small-town feel and top-notch service, many don’t know a business is locally owned and operated if it uses national branding or has multiple locations. Customers may see a …

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NRHA to Share Study at the IGC Show

Purchasing home improvement products from locally owned retailers generates twice as much local economic activity than purchases made at big-box chain stores, according to a study recently released by the North American Retail Hardware Association (NRHA) and Independent We Stand. At the Independent Garden …

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RONA Plans Purchase of 20 Franchise Stores

RONA Inc., a Canadian distributor and retailer of hardware, building materials and home renovation products, has announced plans to buy the 20 franchise stores in its network. The stores include 17 big-box locations and three other stores under the banners RONA, …

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Americans’ Retail Spending Drops in June

Americans spent less on home improvement and garden products in June than in May, according to estimates from the U.S. Census Bureau. Shoppers reduced their home improvement spending by 1.3 percent in that period. The June 2014 to June 2015 drop was 1.4 percent. Overall retail …

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