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Capps Home Building Center Expands Presence in Central Virginia

Capps Home Building Center

Capps Home Building Center (HBC) recently announced its acquisition of English’s—The Complete Home Center in Altavista, Virginia. “We are deeply honored to build upon the respected legacy that English’s has cultivated since its founding in 1909,” say Capps Home Building …

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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

state-by-state employment Dec. 2025

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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