Home Depot reported a 6% increase in sales and True Value says paint sales are up more than 20% as Americans use lockdown to clean up, paint up, and fix up.
As people spend more time at home because of COVID-19, they are thinking about how they can improve those spaces.
Home Depot posted better-than-expected earnings and revenue for the fourth quarter.
Companies like Home Depot and Lowe's have benefited from homeowners fixing what they already own.
After a decade of growth, demand for remodeling and repairs is expected to soften.
The Trump administration more than doubled tariffs on many Chinese goods.
Despite signs of a cooling housing market, the home improvement giant turned in a $2.9 billion profit for the third quarter.
Marvin Ellison, who is credited with a mixed turnaround at J.C. Penney, is heading back to the home improvement space. Before joining J.C. Penney, he spent 12 years at Lowe’s biggest competitor, Home Depot. Click the audio player above to hear…
CEO Craig Menear says shopping starts in the digital world and finishes in the physical world.
Pressed to grow, Sherwin-Williams is buying Valspar