QXO announced it has acquired Kodiak Building Partners, the consolidator of lumberyards and specialty distributors, for $2.25 billion. The purchase price comprises $2.0 billion of cash and 13.2 million shares, with QXO retaining the right to repurchase shares at $40 per …
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Advance estimates of U.S. retail and food services sales for December 2025 were reported at $735.0 billion, virtually unchanged from November 2025 and up 2.4% from December 2024, according to the U.S. Census Bureau’s recent report. Total sales for 2025 …
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Overall consumer credit continued to expand in the fourth quarter of 2025, with growth in both nonrevolving and revolving credit. Nonrevolving credit, which includes student and auto loans, accounts for 74% of total outstanding consumer credit, while revolving credit, which …
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Last year saw 56% more locations acquired in the lumber and building supply (LBM) industry than in 2024 and in 2021 through 2023 combined, according to the latest Webb Analytics’ annual Deals Report. The report details all acquisitions, greenfield openings …
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Mortgage application activity rose significantly in January, primarily due to increased refinancing activity as mortgage rates dropped to a new low, according to an analysis from NAHB’s Eye on Housing. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure …
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Import volume at the nation’s major container ports is expected to see a significant year-over-year decline during the first half of 2026 as the impact of tariffs continues, according to the Global Port Tracker report released today by the National Retail …
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Kroger announced its board of directors has appointed Greg Foran as the company’s chief executive officer (CEO). Foran will also join Kroger’s board of directors and succeeds Ron Sargent, who served as interim CEO since March 2025. “Greg is a …
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With a focus on supporting customers’ unique needs and helping them identify practical pathways to growth and long-term success, the Orgill 2026 Dealer Market leaned into innovation and growth. Over the course of three days, retailers connected with manufacturers, retail …
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