Industry News

Combining AI chat, task management and operations analytics—tied directly to a retailers POS inventory—FastQuery is an AI copilot built for independent home improvement retailers. FastQuery helps store associates quickly find product information like aisle numbers, price and comparable items using voice commands and …

Do it Best and True Value released their financials for the first half of fiscal year 2026, the first full fiscal year that includes True Value. Do it Best saw a slight decrease in gross sales, largely due to deflation …

Inflation dropped in January to the lowest level in eight months, according to an analysis from the National Association of Home Builders’ Eye on Housing. The Consumer Price Index (CPI) components have resolved distortions from the government shutdown last October, …

Confidence in the market for new multifamily housing decreased year over year in Q4 2025, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).  The Multifamily Production Index (MPI), one of the two …

Do it Best Group announced today that it is implementing its distribution center optimization plan, an initiative designed to strengthen its supply chain, support long-term growth and enhance service for all members and retailers. The plan includes a series of …

QXO announced it has acquired Kodiak Building Partners, the consolidator of lumberyards and specialty distributors, for $2.25 billion. The purchase price comprises $2 billion of cash and 13.2 million shares, with QXO retaining the right to repurchase shares at $40 per …

Straight Line Metal Buildings recently announced the appointment of Sean Weda as its new general manager. Weda’s career background includes six years of leading Marines in the infantry followed by over 13 years of progressive leadership experience in the manufacturing …

Retail sales saw a moderate monthly increase and strong year-over-year gains in January, according to the CNBC/NRF Retail Monitor. “Consumers demonstrated continued resilience in January, showing moderate spending growth on the heels of record-high spending during the holiday season,” says …