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 …
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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 …
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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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Mortgage application activity rose significantly in January, primarily due to increased refinancing activity as mortgage rates dropped to a new low, according to an analysis from NAHB’s Eye on Housing. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure …
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Sunshine Ace Hardware is getting ready for an exciting visit from the Monster truck, El Toro Loco, in anticipation of Tampa’s Monster Jam. El Toro Loco is set to make an appearance before the Jam at Sunshine Ace Hardware in …
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Lowe’s recently announced the launch of MyLowe’s Rewards Kids Club, a new platform that helps parents and kids build skills together. Through the platform, families can track kids’ progress through digital badges and manage workshop registration for multiple children within …
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Bricoday, the leading international trade fair in the DIY home, technical and garden sectors, is already expecting a record turnout for the 2026 event, happening in Milan, Italy, from September 23-24, 2026. The event will take place on the 25,000 …
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Hagan Ace Hardware recently announced the promotion of Tony Lucas to director of merchandising. “At Hagan Ace, our philosophy has always been to grow our people and promote from within whenever possible, while remaining open to outstanding professionals who bring …
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