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Tag Archives: Industry News

Do it Best Group Recognizes 2026 Vendors of the Year

Do it Best Group 2026 Vendor of the Year

Do it Best Group recognized its 2026 Vendors of the Year during its 2026 Fall Market, celebrating supplier partners whose exceptional products, service and collaboration continue to strengthen independent hardware stores, lumberyards and home improvement businesses across the country. The …

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Consumer Price Index Rises 0.4% in October

CPI October

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% on a seasonally adjusted basis in October after rising 0.6% in September, the U.S. Bureau of Labor Statistics reported. Steady inflation continues to impact retailers as consumers delay discretionary …

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NLBMDA Announces CEO Leadership Transition

NLBMDA CEO Transition

The National Lumber & Building Material Dealers Association (NLBMDA) announced that Jonathan Paine is stepping down as chief executive officer after 15 years of service to join the National Association for County Community and Economic Development (NACCED). Jessica Bridges will …

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Lowe’s and Bilt Partner to Make Home Improvement More Rewarding

Lowe's and Bilt Partnership

Lowe’s and Bilt, the neighborhood commerce and rewards platform, recently announced a new partnership. As the exclusive home improvement partner, this relationship brings Lowe’s products, services and loyalty benefits into Bilt’s network of over 8 million members, creating new ways …

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QXO’s Brad Jacobs to Invest $1 Billion in CKX Lands

Brad Jacobs CKX Lands inc. Investment

and Jacobs Private Equity II LLC (JPE), led by QXO’s chairman and chief financial officer Brad Jacobs, announced that JPE and minority co-investors have agreed to invest $1 billion in cash in CKX. The equity investment is expected to consist …

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Multifamily Housing Market Confidence Weakens in Q3 2026

multifamily housing developer confidence

Confidence in the market for new multifamily housing weakened year-over-year in the third quarter, according to the Multifamily Market Survey (MMS) recently released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production …

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