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Tracking DIY Home Improvement Activity in 2021

diy home improvement 2021

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 DIYers, new data reveals exactly …

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Small Businesses Prioritized in Latest Round of Paycheck Protection Program

SBA

The latest round of Paycheck Protection Program (PPP) funding opened in January, and now, the Small Business Administration (SBA) is taking steps to prioritize lending to small businesses. To achieve this, the administration will: Establish a 14-day, exclusive PPP loan …

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Lowe’s Reports $89B in 2020 Sales

lowe's 2020 sales

Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …

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Exclusive: True Value CEO Chris Kempa Shares Thoughts on Retail Success

true value ceo chris kempa

True Value CEO Chris Kempa took time to speak to Hardware Retailing before the company launches its 2021 Spring V-Union. Learn more from Kempa about what to expect from this year’s virtual event, how True Value is adapting to better …

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Register Now: True Value’s Spring 2021 V-Union Begins Feb. 22

true value ceo chris kempa

True Value Co. is inviting retailers to Power Up at the company’s Spring 2021 V-Union event. Learn more about the online event and register to attend today. The company’s virtual spring trade show will kick off Monday, Feb. 22 and …

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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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New Data Projects Home Improvement Momentum

home improvement momentum

The DIY momentum seen in 2020 may have staying power in 2021, according to new market data exploring the home improvement market size, existing home sales and overall recent home improvement retail sales. DIY Market Expands More home improvement shoppers …

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Amazon Reports Q4 Net Sales of $126B, Departure of CEO Bezos

amazon ceo bezos

E-commerce giant Amazon reported its fourth-quarter 2020 financial results, confirming net sales of $126 billion, the first quarter in which the retailer has surpassed $100 billion. In total, the fourth-quarter revenue stands 44 percent above the same period in 2019, …

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