The Home Improvement Research Institute (HIRI), the nation’s leading resource for market research concerning the home and building products industry, forecasts the total U.S. building products market will build on its already exponential growth of 2020 and 2021. HIRI predicts …
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Home Depot’s Q2 2021 Sales Reach $41B
Big-box home improvement chain Home Depot announced $41.1 billion in second-quarter 2021 sales, an 8.1 percent increase from the same period in 2020. The second-quarter sales represent record quarterly sales for the company. Comparable sales for the company increased 4.5 …
Read More »How COVID-19 Affected June Home Improvement
Market research firms The Farnsworth Group and the Home Improvement Research Institute have released their final COVID-19 tracker report, highlighting the many ways in which the pandemic has affected home improvement DIYers and pros. Take a look at the latest …
Read More »Tracking the Latest Home Renovation Trends
New data from home renovation and design platform Houzz is revealing what homeowners want from their residential renovations. Featuring insight from more than 75,000 Houzz users, including nearly 37,000 U.S. homeowners, the 2021 Renovation Trends report can help you market …
Read More »April U.S. Home Improvement Sales Jump 33% From 2020
U.S. home improvement sales (NAICS 444) stood at $43.2 billion in April, down slightly from $43.4 billion in March, new data from the U.S. Census Bureau shows. However, sales for the sector are roughly 33 percent higher than one year …
Read More »Analyzing Pro Home Improvement Activity
Market research firms The Farnsworth Group and the Home Improvement Research Institute (HIRI) are tracking pro and DIY project activity as COVID-19 continues to impact the home improvement market. In the latest update focused on pros, the organizations explore how …
Read More »American Hardware & Lumber Insurance and NHPA Announce Partnership
American Hardware & Lumber Insurance (AHLI) and the North American Hardware and Paint Association (NHPA) have executed a partnership, which became effective March 1. Both organizations have long histories serving the retail hardware industries—AHLI for more than 40 years and …
Read More »On the Web: March 2021
There’s much more to discover from the March 2021 edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success. There’s More to Explore… NHPA, Industry Leaders Sign Letter on …
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