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 the Market: Q4 2020
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. …
Read More »Market Measure 2020: The Industry’s Annual Report
Years from now, when our children and grandchildren are studying history, there will almost certainly be a chapter in their virtual textbooks that focuses on 2020. One might easily argue that 2020 will be remembered among the most influential years …
Read More »3 Outdoor Power Equipment Trends to Follow
Market research firm The Farnsworth Group has delved into the consumer trends shaping the outdoor power equipment marketplace. The firm recently completed a public industry study among more than 600 DIYers who had recently purchased or plan to purchase outdoor …
Read More »Preparing for a DIY Holiday Season
New research from The NPD Group reveals more shoppers are choosing to take care of household projects they would normally have hired someone else to do before the start of COVID-19. The research firm finds more DIYers are handling general …
Read More »Tractor Supply Co. Reports Record Sales and Profits in Q3
Rural lifestyle chain Tractor Supply Co. reports record sales and profits in the third quarter of 2020, including a 31.4 percent rise in net sales during the period. In total, net sales for the three-month period ending Sept. 26 amounted …
Read More »Existing Home Sales Rise 9.4% in September
Existing home sales rose 9.4 percent in September over August levels, reports the National Association of Realtors (NAR). The rise in September sales marks the fourth consecutive month of existing home sales growth. In total, 6.5 million existing homes were …
Read More »PPG Reports $3.7B in Q3 Net Sales
Pittsburgh-based paint manufacturer PPG has reported its third-quarter 2020 financial results, recording $3.7 billion in net sales, a 4 percent drop from the same period in 2019. Net income from continuing operations for PPG hit $442 million. Selling prices rose …
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