Retail sales saw their thirteenth straight month of gains in October even as high gas prices continued, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. “Retail sales edged higher in October as …
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Do it Best Group Recognizes 2026 Vendors 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 …
Read More »Consumer Price Index Rises 0.4% in 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 …
Read More »NLBMDA Announces CEO Leadership 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 …
Read More »Lowe’s and Bilt Partner to Make Home Improvement More Rewarding
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 …
Read More »U.S. Import Volume Expected to Taper Off Following Extended Peak Season
Import volume at the nation’s major container ports is expected to taper off for the remainder of the year following an extended peak season that has kept docks busy since the spring, according to the Global Port Tracker report released …
Read More »Remodeling Activity Remains Steady in Q2 2026 Amid Housing Slowdown
Remodeling activity was flat in the second quarter amid a broader nationwide housing slowdown, according to the National Association of Home Builders’ (NAHB) State Projections of Remodeling (SPR). The SPR provides a quarterly, state-by-state analysis of remodeling spending, market share …
Read More »QXO’s Brad Jacobs to Invest $1 Billion in CKX Lands
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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