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, 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 …
Read More »Astro Buildings Appoints New General Manager
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 …
Read More »Rising Return Rates Challenge Retailers in 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 …
Read More »Orgill Named Bomgaars Supply’s 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 …
Read More »Houzz Report Reveals Construction Sector Optimism Heading Into Q4
Houzz Inc. recently released its Q4 2025 Houzz U.S. Renovation Barometer, revealing strengthened optimism among construction professionals following an increase in business activity, and moderate optimism among architectural and design professionals despite a slowdown in recent activity. “Construction professionals are …
Read More »Walmart Partners With OpenAI to Create AI-First Shopping Experiences
Walmart recently announced a new partnership with OpenAI that will allow customers and members to shop at Walmart through ChatGPT using Walmart’s Instant Checkout feature. “For many years now, eCommerce shopping experiences have consisted of a search bar and a …
Read More »Report Reveals Impact of Skilled Labor Shortage on Homebuilding Industry
A decrease in production of thousands of newly built homes is due to a skilled labor shortage of $10.8 billion per year, according to the Home Builders Institute’s (HBI’s) recently released Fall 2025 Construction Labor Market Report. Key findings from …
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