Data from the Home Improvement Research Institute (HIRI) shows a notable shift in the current housing market: while fewer Americans are taking on home improvement projects, those who do are spending significantly more. According to HIRI’s recent Q1 2026 Homeowner …
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ABC Supply Acquires Koch Building Products
ABC Supply Co. Inc. recently announced it has acquired the assets of Koch Building Products in Sandusky, Ohio. This acquisition strengthens ABC Supply’s presence along the Lake Erie shoreline and improves service for contractors and builders in northern Ohio. Founded in 1952, …
Read More »Homeowners Lean Into Professionals, Focus on Home Maintenance Renovations in 2026
Renovation activity has remained strong in 2026, with homeowners completing smaller, more necessary projects over luxury renovations. Recent data from the Home Improvement Research Institute (HIRI) reveals insights into what retailers can expect for homeowner spending patterns throughout the rest …
Read More »QXO Completes Acquisition of Kodiak Building Partners
QXO announced it has completed its acquisition of Koriak Building Partners from Court Square Capital Partners for approximately $2.25 billion, expanding QXO’s addressable market to more than $200 billion. “By acquiring Kodiak, we’re providing our customers with a wider range …
Read More »Home Depot Expands AI Efforts to Shape Future of Home Improvement
The Home Depot currently offers more than a dozen AI-powered capabilities, with numerous others in development. Through new artificial intelligence tools, the company is delivering its home improvement expertise directly to millions of DIY customers and professional contractors. “Everything we …
Read More »Contractor Outlook Remains Optimistic
The Farnsworth Contractor Index for Q4 2025 shows contractors remain confident about near-term work, even as revenue expectations and growth soften compared to last year. Overall confidence in securing new business over the coming six months scored 8.3 out of …
Read More »The Home Depot Sets Sights on Pros for 2026
During its 2025 Investor and Analyst Conference, The Home Depot recently discussed key priorities and a preliminary outlook for 2026. The Home Depot reaffirmed its fiscal 2025 guidance and shared a preliminary outlook for fiscal 2026 that included forecasted comparable sales …
Read More »Do it Best Teams Up With Toolbx to Power Pro Platform
As it works to provide independent LBM dealers with innovative digital tools to support pro contractor customers, Do it Best is now offering exclusive pricing for Toolbx—a B2B solution designed to help contractors approve quotes, place orders and pay their …
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