Straight Line Metal Buildings recently announced the appointment of Sean Weda as its new general manager. Weda’s career background includes six years of leading Marines in the infantry followed by over 13 years of progressive leadership experience in the manufacturing …
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Retail Sales Show Continued Growth in January
Retail sales saw a moderate monthly increase and strong year-over-year gains in January, according to the CNBC/NRF Retail Monitor. “Consumers demonstrated continued resilience in January, showing moderate spending growth on the heels of record-high spending during the holiday season,” says …
Read More »Deckorators Reveals Top Outdoor Living Trends in New Report
Deckorators released its 2026 Outdoor Living Report, detailing the trends shaping how contractors, designers and homeowners approach outdoor spaces like decks, docks, patios and backyards. “In recent years, ‘home’ has taken on a deeper meaning—not just as a place to …
Read More »Do it Best Leader Chad Ruth Announces Retirement
Do it Best recently shared that Chad Ruth announced his retirement at the end of January, concluding a successful career with the company. Ruth served as president and CEO of United Hardware Distributing Co. prior to and during the early …
Read More »U.S. Economy Adds 130,000 Jobs in January
The U.S. economy added 130,000 jobs in January and the unemployment rate changed little at 4.3%, according to the U.S. Bureau of Labor Statistics. The unemployment rate and the number of unemployed people saw little change in January, but were …
Read More »QXO Acquires Kodiak Building Partners for $2.25 Billion
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 …
Read More »December Retail Sales Flat Overall, Up in Hardware Store Sector
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 …
Read More »Credit Card Balances Rise in Q4 2025
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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