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Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
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In November 2018, Lowe's announced that it intended to close 51 stores in North America as part of a plan to improve profitability. [191] Lucky's Market closed all but seven of its stores by February 12, 2020. [192] Lumber Liquidators, previously LL Flooring, announced on August 12, 2024 that it intended to close 94 stores. Weeks later, the ...
In just one year, the price of lumber has increased a whopping 377%. A boom in home renovations, combined with an increase in disposable income stemming from the coronavirus pandemic, caused ...
Lumber prices have fallen 30% over the past two weeks, Business Insider reported, hitting a low of $934 per thousand board feet on Tuesday. That was down from $1,338 as recently as Jan. 14.
Comparable-store sales at Lowe's were down 0.7% for the fourth quarter, which ended February 3. That followed Home Depot's 0.3% drop in comparable sales for the fourth quarter, the company ...
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