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Strong Holiday Spending Expected Despite Economic Uncertainty

NRF Holiday spending 2025

Consumers plan to spend $890.49 per person on average this year on holiday gifts, food, decorations and other seasonal items, according to the National Retail Federation’s (NRF) annual consumer survey conducted by Prosper Insights & Analytics. “Time and again, Americans …

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Koopman Lumber to Acquire Lyon & Billard

Koopman Lumber acquires Lyon & Billard

Koopman Lumber has announced plans to acquire Lyon & Billard, a building materials supplier in central Connecticut. Lyon & Billard currently operates four Connecticut locations, including Berlin, Cheshire, Meriden and East Hampton, and serves customers in parts of Massachusetts, New …

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Builder Confidence Rises in October

Builder confidence October

Builder sentiment levels increased in October as future sales expectations exceeded the 50-point mark for the first time since January 2024, according to the National Association of Home Builders (NAHB). Builder confidence in the market for newly built single-family homes …

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Knecht Home Center Rebrands to Mead Lumber

Knecht Home Center renamed to Mead Lumber

Knecht Home Center, located in Rapid City, South Dakota, has announced that it will change its name to Mead Lumber, effective Oct. 16, 2025.  “For 25 years, Knecht Home Center has been part of the Mead Lumber family, and this …

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Astro Buildings Appoints New General Manager

Astro Buildings General Manager appointment

Astro Buildings recently announced the appointment of Jack Tarr as its new general manager. Tarr brings more than 20 years of leadership experience in operations, sales, manufacturing and quality to his new role.  “We are excited to welcome Jack to …

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Rising Return Rates Challenge Retailers in 2025

Customer returns 2025

Retailers estimate that 15.8% of their annual sales will be returned this year, totaling $849.9 billion, according to the 2025 Retail Returns Landscape Report released by the National Retail Federation (NRF) and Happy Returns. “Returns are no longer the end …

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Orgill Named Bomgaars Supply’s Vendor Partner of the Year

Orgill named Bomgaars Vendor Partner of the Year

Orgill announced that Bomgaars Supply has selected Orgill as its Vendor Partner of the Year. The award honors Orgill’s performance, service and collaboration and was unanimously decided on by Bomgaars’ leadership team. Orgill received the award during Bomgaars’ recent annual …

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