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Stories Tagged as

Home improvement

COVID-19

Winter is coming for home improvement retailers

by Andy Uhler
Nov 18, 2020
As people spend less time outdoors, will they keep shopping at places like Home Depot and Lowe's?
A shopper pushes her cart while people wait in line to enter a Home Depot in Marina del Rey, California, earlier this year.
Chris Delmas/AFP via Getty Images
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COVID-19

How are retail sales numbers higher than they were last year?

by Marielle Segarra
Aug 14, 2020
People are still shopping — just for different stuff.
A Florida man puts newly purchased wood into his truck. Sales at home and garden stores in July were up almost 15% over July of last year.
Joe Raedle/Getty Images
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COVID-19

Home-improvement stores thrive as residents take on projects

by Erika Beras
May 19, 2020
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.
A Home Depot in Miami. The home improvement chain reported a 7% increase in quarterly revenue.
Chandan Khanna/AFP via Getty Images
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COVID-19

Home improvement sales are holding steady despite the overall retail slump

by Kristin Schwab
May 19, 2020
As people spend more time at home because of COVID-19, they are thinking about how they can improve those spaces.
Home improvement sales saw only a small dip in the U.S. in April.
Ming Yeung/Getty Images
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Mild winter and revamp investments boost Home Depot

by Kimberly Adams
Feb 25, 2020
Home Depot posted better-than-expected earnings and revenue for the fourth quarter.
Home Depot reported better than expected sales and profits, partly due to a mild winter.
Scott Olson/Getty Images
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Can the home improvement market continue to grow?

by Jasmine Garsd
Feb 24, 2020
Companies like Home Depot and Lowe's have benefited from homeowners fixing what they already own.
Home improvement is a big part of Home Depot's and Lowes' business.
Scott Olson/Getty Images
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Spending on home improvement could fall next year

by Amy Scott
Oct 27, 2019
After a decade of growth, demand for remodeling and repairs is expected to soften.
Customers shop for home improvement products at a Home Depot store.
Scott Olson/Getty Images
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How the latest tariff hike could hit Home Depot and Lowe's

by Renata Sago
May 21, 2019
The Trump administration more than doubled tariffs on many Chinese goods.
A Home Depot store in Burbank, California is seen on February 18, 2019.
ROBYN BECK/AFP/Getty Images
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Home Depot still doing well despite cooling housing market

by Amy Scott
Nov 13, 2018
Despite signs of a cooling housing market, the home improvement giant turned in a $2.9 billion profit for the third quarter.
A sign is posted in front of a Home Depot store on Aug. 14, 2018 in El Cerrito, California.
Justin Sullivan/Getty Images
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J.C. Penney’s CEO jumps to Lowe’s

by Andy Uhler
May 23, 2018
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 the full story. 
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