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 …
Read More »Annie Dameworth
Deckorators Reveals Top Outdoor Living Trends in New Report
Deckorators released its 2026 Outdoor Living Report, detailing the trends shaping how contractors, designers and homeowners approach outdoor spaces like decks, docks, patios and backyards. “In recent years, ‘home’ has taken on a deeper meaning—not just as a place to …
Read More »Do it Best Leader Chad Ruth Announces Retirement
Do it Best recently shared that Chad Ruth announced his retirement at the end of January, concluding a successful career with the company. Ruth served as president and CEO of United Hardware Distributing Co. prior to and during the early …
Read More »Tractor Supply Company Announces Board of Directors Changes
Tractor Supply Company recently announced that its board of directors has increased its dividend by $0.04, or 4.3% year-over-year, to $0.96 per share on an annualized basis for 2026, marking the company’s 17th consecutive year of dividend growth. The board …
Read More »U.S. Economy Adds 130,000 Jobs in January
The U.S. economy added 130,000 jobs in January and the unemployment rate changed little at 4.3%, according to the U.S. Bureau of Labor Statistics. The unemployment rate and the number of unemployed people saw little change in January, but were …
Read More »QXO Acquires Kodiak Building Partners for $2.25 Billion
QXO announced it has acquired Kodiak Building Partners, the consolidator of lumberyards and specialty distributors, for $2.25 billion. The purchase price comprises $2.0 billion of cash and 13.2 million shares, with QXO retaining the right to repurchase shares at $40 per …
Read More »December Retail Sales Flat Overall, Up in Hardware Store Sector
Advance estimates of U.S. retail and food services sales for December 2025 were reported at $735.0 billion, virtually unchanged from November 2025 and up 2.4% from December 2024, according to the U.S. Census Bureau’s recent report. Total sales for 2025 …
Read More »LBM M&A Activity Soared in 2025, Fueled by Large-Scale Deals
Last year saw 56% more locations acquired in the lumber and building supply (LBM) industry than in 2024 and in 2021 through 2023 combined, according to the latest Webb Analytics’ annual Deals Report. The report details all acquisitions, greenfield openings …
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