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QXO Announces Leadership Transitions

QXO leadership

QXO, Inc. recently announced the appointment of Dev Ahuja as the company’s chief financial officer. He will succeed Ihsan Essaid, who has been promoted to vice chairman, an executive role, with both positions becoming effective in January 2027. Ahuja has …

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James Hardie Names Midnight Black as 2027 Color of the Year

James Hardie Color of the year

James Hardie Building Products Inc. recently announced Midnight Black as its 2027 Color of the Year. Once primarily reserved for trim, windows and architectural accents, black has evolved into a defining element of the modern exterior, reflecting homeowners’ growing willingness …

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Bigger Baskets, Fewer Visits Shape Ace’s Record Q3

Ace Q4 2025

Ace Hardware reported record third-quarter sales and profits for 2026, with higher average transaction values helping offset a decline in customer visits at its U.S. stores. The hardware cooperative generated $2.54 billion in revenue during the quarter ended Oct. 3, …

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Retail Sales See 13th Consecutive Month of Growth in October

October retail sales

Retail sales saw their thirteenth straight month of gains in October even as high gas prices continued, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. “Retail sales edged higher in October as …

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Do it Best Group Recognizes 2026 Vendors of the Year

Do it Best Group 2026 Vendor of the Year

Do it Best Group recognized its 2026 Vendors of the Year during its 2026 Fall Market, celebrating supplier partners whose exceptional products, service and collaboration continue to strengthen independent hardware stores, lumberyards and home improvement businesses across the country. The …

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Consumer Price Index Rises 0.4% in October

CPI October

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% on a seasonally adjusted basis in October after rising 0.6% in September, the U.S. Bureau of Labor Statistics reported. Steady inflation continues to impact retailers as consumers delay discretionary …

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