Home Depot, Lowe's rival files Chapter 11 bankruptcy

Group 1: Impact of Tariffs on Home Construction - President Trump's tariffs have increased builder costs by $7,500 to $10,000 per home, according to estimates from U.S. homebuilders [1] - Rising lumber prices are expected to add about $4,900 per home on average, significantly impacting the home construction industry [2] - A $1,000 increase in the median price of a new home can disqualify approximately 106,000 potential buyers [1] Group 2: North American Builder's Supply Bankruptcy - North American Builder's Supply filed for Chapter 11 bankruptcy protection on December 3, 2025, reporting estimated assets and liabilities between $500,001 and $1 million [5][7] - The bankruptcy filing is attributed to financial distress, including claims and a lawsuit from creditor Proventure Capital LLC, indicating creditor pressure and litigation [7] - The Chapter 11 filing suggests the company may be seeking reorganization rather than outright liquidation [8]