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Tag Archives: contractors

Homeowners Spend More Despite Fewer Projects, HIRI Says

home improvement projects

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

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, …

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QXO Completes Acquisition of Kodiak Building Partners

QXO Q2 2026 financials

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 …

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Home Depot Expands AI Efforts to Shape Future of Home Improvement

Home Depot Magic Apron Updates

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 …

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Contractor Outlook Remains Optimistic

Home Improvement spending

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 …

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The Home Depot Sets Sights on Pros for 2026

Home Depot pro

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 …

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Do it Best Teams Up With Toolbx to Power Pro Platform

Do it Best Toolbx

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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