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Tag Archives: supply chain

U.S. Economy Grows 1.6% in Q2

u.s. economy

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 …

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Home Depot and Lowes Set Sights on Pros

home depot and lowe's

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 …

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Understanding New DIY Shopping Preferences

DIY smiling man grinding handrail

Building materials marketing firm Venveo and market research firm The Farnsworth Group are releasing new data highlighting how DIY purchase behaviors have changed in the past year. After surveying nearly 1,000 DIYers, the insight into DIY purchasing and shopping preferences …

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What Big-Box Home Improvement Chains Are Prioritizing

big-box home improvement q2 2021

Big-box home improvement chains are taking unique approaches to gaining customers in the early days of the busy spring selling season. Explore how Home Depot, Lowe’s and Tractor Supply are launching new initiatives to boost sales. Home Depot: Opening New …

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Analyzing Pro Home Improvement Activity

pro home improvement

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 …

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True Value Co. Welcomes New Supply Chain VP

true value chief financial officer

True Value Co., one of the world’s largest hardlines wholesalers, has announced Dario Skocir will join the company as the vice president of supply chain on Feb. 22. Skocir has more than 30 years of transforming operations with innovative technologies …

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