SRS Distribution Inc. recently announced that it has acquired LS Building Products, a wholesale distributor of roofing, lumber, siding, windows and doors, millwork and other complementary building materials. Terms of the acquisition were not disclosed. “We are thrilled to officially …
Read More »Annie Dameworth
QXO Reports Strong Q4 Net Sales Amid Acquisition
QXO Inc. recently released its financial results for the fourth quarter of 2025, reporting net sales of $2.19 billion, up from $14.8 million in Q4 2024, an over 14,000% increase. Net sales for 2025 ended at $6.8 billion, up from $56.9 …
Read More »Reliance Worldwide Corporation Opens New Dallas Distribution Center
Reliance Worldwide Corporation (RWC) recently announced the opening of its new Dallas Distribution Center, located in Mesquite, Texas, within the greater Dallas metropolitan area. “The new distribution facility marks a major milestone, bringing our full portfolio of brands under one …
Read More »Residential Construction Spending Edges Up in December 2025
Private residential construction spending was up 1.5% in December 2025, driven primarily by increased spending on home improvement and single-family construction, according to the National Association of Home Builders. Total spending still remained 1.3% lower than a year ago, reflecting …
Read More »Target Sees Decrease in Net Sales in Q4 2025 and Full Year 2025
Target Corporation recently released financial results for the fourth quarter of 2025 and full-year 2025. The company reported fourth-quarter net sales at $30.5 billion, with the food & beverage and toy categories contributing to overall net sales for the quarter. …
Read More »NHS Offers Exclusive Buyer Experience With Hosted VIP Program at NHS Concept to Commerce
The newly redesigned NHS Concept to Commerce is gearing up to feature several new elements and curated programming designed for purposeful connections, product innovation and fresh ideas, taking place March 31–April 2, 2026, at the Las Vegas Convention Center West …
Read More »ECI Software Solutions Acquires Drypowder
ECI Software Solutions, Inc., announced it has acquired Drypowder, a financial technology company focused on modernizing accounts receivable, billing and digital payments for the building materials and construction industries. “Across the industries we serve, accounts receivable is often manual and …
Read More »U.S. Retail Sales Up in October 2025, Building Materials Sector Sees Decline
The U.S. Census Bureau recently released retail sales data for October 2025, noting a 2.2% increase in overall retail sales from October 2024. Thirteen states and the District of Columbia had positive and significant year-over-year changes in October, with New …
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