The past 18 months have challenged every retailer to adapt to new customer demands, shifting supply chain realities and new health mandates. One of the most important factors to emerge is contactless commerce. But how can you ensure your business …
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Uncovering the Latest Home Design Trends
New data from online home remodeling and design platform Houzz reveals the latest home design trends you can use to bolster sales in your paint, housewares and design departments. By analyzing the frequency of certain search terms its audience of …
Read More »How DIYers Are Tackling Home Improvement
New data from the Home Improvement Research Institute (HIRI) is revealing what projects DIYers across the U.S. are focusing on near the midpoint of the year. For nearly a decade, HIRI has polled roughly 3,000 homeowner each quarter to understand …
Read More »U.S. Economy Grows 1.6% in Q2
The U.S. economy has returned to pre-pandemic levels as gross domestic product (GDP) grew 1.6 percent in the second quarter, The New York Times reports. Compared to the second quarter of 2020, GDP grew 6.5 percent. Housing accounted for roughly …
Read More »Home Depot and Lowes Set Sights on Pros
A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …
Read More »Analyzing Top Home Improvement Categories
New data from market research firm Numerator is revealing the latest insights into key home improvement categories. Take a look at Numerator’s latest findings to learn how you can use up-to-date shopping data to position your home improvement categories for …
Read More »Tractor Supply Co. Reports Record Q2 Earnings
Big-box home improvement chain Tractor Supply Co. has reported record earnings for its second quarter, which ended June 26. The company’s net sales for the second quarter stood at $3.6 billion, up more than 13 percent from the same period …
Read More »Pending Home Sales Rise 8% in May
New data from the National Association of Realtors® (NAR) shows pending home sales jumped 8 percent in May, up more than 13 percent from the same period in 2020. The association monitors home sales trends in four U.S. regions, all …
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