The Western Retail Lumber Association‘s (WRLA) Building & Hardware Showcase in-person event has been canceled due to the ongoing COVID-19 pandemic. However, a virtual event hosted on the association’s app and inside the Yardstick publication has been planned, event organizers …
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Headlines for Canadian Retailers: June 22
Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. LBM Well-Positioned to Rebuild Economy A recent economic …
Read More »How Mans Lumber Found Silver Linings in Trying Times
To reach 120 years of service, Mans Lumber and Millwork president Doug Mans says you have to be able to adapt to changing circumstances, even if it means making difficult decisions in moments of crisis. The family business began as …
Read More »Rising Home Construction Rates Boost Lumber Prices
Builders are constructing more houses now than at any time before last decade’s foreclosure crisis, and the increased construction activity is resulting in higher lumber prices, reports The Wall Street Journal. Since last June, lumber futures have risen more than …
Read More »Lumber Distributor Spahn & Rose Acquires Building Materials Store
Spahn & Rose Lumber Co., a lumber distributor based in Dubuque, Iowa, has reached an agreement to purchase Moeller & Walter, a full-service building design and materials store in Reinbeck, Iowa. Spahn & Rose will acquire Moeller & Walter’s real …
Read More »Lowe’s Announces Financial Results for Q2 2019
Big-box home improvement chain Lowe’s has announced its second-quarter 2019 financial results. In total, the company reported net earnings of $1.7 billion in the second quarter. This figure represents an 8 percent decrease over its second-quarter 2018 earnings of $1.86 …
Read More »Understanding Lumber Prices
David Logan, director of tax and trade policy analysis for the National Association of Home Builders (NAHB), answered questions from Hardware Retailing about lumber prices and other concerns in the homebuilding sector. Hardware Retailing (HR): Why are lumber prices lower …
Read More »Home Depot Reports Q2 Financial Growth
Big-box home improvement retailer Home Depot has released its second-quarter 2019 financial results, reporting second-quarter sales of $30.8 billion. This figure represents a 1.2 percent increase over the same period in 2018 and a 16.6 percent increase over the company’s …
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