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Tag Archives: News

Consumer Confidence Down in October

consumer confidence January 2026

Consumer confidence in October decreased by one point in October to 94.6, according to The Conference Board’s Consumer Confidence Index. This number is down from 95.6 in September. The Present Situation Index, based on consumers’ assessment of current business and …

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Amazon Announces 14,000 Corporate Layoffs

amazon chicago store proposal

Amazon recently announced in a message sent to Amazon employees the company’s decision to reduce its corporate workforce by around 14,000 roles, citing AI innovation as a main driver for the decision. “The reductions we’re sharing today are a continuation …

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Major Paint Manufacturers See Gains in Q3 2025

Q3 2025 results sherwin-williams & PPG

The Sherwin-Williams Company and PPG Industries Inc. recently released financial results for the third quarter of 2025. Sherwin-Williams Consolidated net sales in Q3 increased 3.2% to $6.36 billion for Sherwin-Williams. Net sales increased primarily due to higher sales in the …

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Home Price Growth Slows to 2-Year Low

mortgage rate drop

Home prices in August grew at the lowest annual rate in over two years, according to the recent release of the S&P Cotality Case-Shiller Home Price Index and an analysis from the National Association of Home Builders’ Eye on Housing. …

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Great Lakes Ace to Acquire Michigan Store

great lakes ace michigan

Great Lakes Ace Hardware recently announced it has agreed to acquire Macomb Ace Hardware in Macomb Township, Michigan. The transaction is expected to close Jan. 11, 2026. “Our goal was to be a difference maker and trusted neighbor in our …

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Inflation Up in September

Real GDP Q4 2025

Inflation was up in September, according to the latest report from the Bureau of Labor Statistics (BLS). The Consumer Price Index (CPI) increased 3% in the last year, the highest reading since January 2025. The CPI rose 0.3% in September, …

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Builders FirstSource Celebrates Women Leadership

Builders FirstSource Women's Leadership Conference

250 women leaders recently gathered at Builders FirstSource’s Women’s Leadership Conference earlier this month in Grapevine, Texas.  Builders FirstSource team members from across the U.S. gathered to network on the first day of the conference, followed by days of impactful …

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Merit Distribution Group Appoints New CEO

Merit Distribution Group CEO

Spartan ParentCo, doing business as The Merit Distribution Group LLC recently announced Roger Farmer is joining the company as chief executive officer. Farmer will replace Geff Lynch, who is retiring, on Oct. 27, 2025. “I’m honored to join The Merit …

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