Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …
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Ace Hardware Corp. has reported its fourth-quarter and fiscal year 2020 financial results, confirming a record-breaking year for the home improvement retailer. For the fourth quarter, Ace reported revenues of $2.1 billion, a 39 percent increase from the same period …
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According to new data from home improvement and design website Houzz, U.S. construction businesses have a positive sentiment regarding home improvement activity in the first quarter of the year, but are tempering their outlook due to ongoing market volatility. The …
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The DIY momentum seen in 2020 may have staying power in 2021, according to new market data exploring the home improvement market size, existing home sales and overall recent home improvement retail sales. DIY Market Expands More home improvement shoppers …
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The Home Improvement Research Institute (HIRI) has revealed new insights into what’s motivating customers’ home care and maintenance spending. The 2020 HIRI Product Purchase Track Survey is now available to HIRI members. The information sheds light on home improvement product …
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At the 2021 Consumer Electronics Show® (CES), the ways technology will impact the future of retail were on full display. Featuring presentations from global retail brands, tech entrepreneurs and industry analysts, CES 2021 was a look into the future of …
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New consumer information from market research firm The NPD Group (NPD) shows the popularity of DIY home improvement projects is a trend that looks poised to continue. NPD’s Checkout service tracks consumer behavior across all retail channels, illuminating trends in …
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Monitoring market trends in consumer sentiment, home improvement rates and construction figures can help you anticipate emerging opportunities for your business. Use the tables below to get a deeper understanding of a few of the forces affecting independent home improvement. …
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