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Tag Archives: Industry News

Major Retailers That Closed in 2025

Store closings 2025

Many retailers faced a challenging year in 2025, with an unstable economy, tariff fluctuations and other industry difficulties. While some retailers have stood their ground throughout the year, many have been forced to close their doors. Here are the major …

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Hancock Lumber Names New Safety Director

Hancock Lumber safety director

Hancock Lumber recently announced Curtis Pratt as the company’s new safety director, filling a newly created role for the Hancock Lumber team. Bringing over 15 years of experience in safety and health leadership across a wide range of industries, including …

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Unemployment Rate Inches Higher After Shutdown

Unemployment Rate

The unemployment rate rose to its four-year high of 4.6%, up from 4.4% year over year, according to the U.S. Bureau of Labor Statistics. Positively, employers added 64,000 jobs in November. Household survey data for October 2025 were not collected …

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Builder Confidence Rises, Still Negative

Builder confidence

Builder confidence inched higher to end the year but remains well into negative territory as builders continue to grapple with rising construction costs, tariffs and economic uncertainty, and as many potential buyers remain on the sidelines due to affordability concerns. …

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Record Number of Shoppers Expected Before Christmas

holiday shopping

Around 158.9 million consumers plan to shop on the last Saturday before Christmas, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The number is up from 157.2 million shoppers in 2024, …

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