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NKBA Releases 2021 Kitchen & Bath Market Outlook

NKBA outlook

The National Kitchen & Bath Association (NKBA) released its 2021 Kitchen & Bath Market Outlook in January and recently added a July update to the report. The report provides a thorough assessment of the U.S. residential kitchen and bath industry …

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Houzz Study Reveals Continued Consumer Confidence

Houzz Renovation Barometer

Since 2015, Houzz, the leading platform for home remodeling and design, has been tracking residential renovation market expectations, project backlogs and recent activity among businesses in the construction sector and architectural and design services sector through its Renovation Barometer. The …

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PPG Reports Another Record-Breaking Quarter of Sales

PPG sales

Net sales for PPG hit $4.4 billion in the second quarter of 2021, up nearly 45 percent from the same quarter in 2020. Sales volume was up 24 percent over the previous year thanks to a strong demand recovery across …

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NRF Expects Record-Breaking Back-to-School Spending in 2021

back-to-school spending NRF

According to a National Retail Federation (NRF) back-to-school spending survey conducted by Prosper Insights & Analytics, consumers plan to spend record amounts for school and college supplies as families and students look to return to in-person classrooms this fall. “The …

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Analyzing Top Home Improvement Categories

home improvement categories

New data from market research firm Numerator is revealing the latest insights into key home improvement categories. Take a look at Numerator’s latest findings to learn how you can use up-to-date shopping data to position your home improvement categories for …

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Tractor Supply Co. Reports Record Q2 Earnings

tractor supply

Big-box home improvement chain Tractor Supply Co. has reported record earnings for its second quarter, which ended June 26. The company’s net sales for the second quarter stood at $3.6 billion, up more than 13 percent from the same period …

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PRO Group Hosts 2021 Group Merchandising Conference

PRO Group GMC

On June 21-24, PRO Group Inc. held its annual Group Merchandising Conference (GMC) virtually. The 2020 GMC was also held virtually, but this year’s event featured Zoom breakout rooms, allowing attendees to enjoy a more interactive virtual format.  Through over …

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Child Tax Credits Could Stimulate Retailers

child tax credit

Starting July 15, U.S. households with children will begin receiving monthly payments for each child in the household. Part of the American Rescue Plan, the child tax credits will put money into the hands of low and middle-income families to …

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