Tag Archives: covid-19

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 …

Throughout the COVID-19 pandemic, the Canadian retail home improvement market experienced many of the same challenges encountered in the U.S., while also observing the same surge in spending. North America proved to be a great market for home improvement spending. …

During the COVID-19 pandemic, many of your shoppers learned new skills to take care of their homes and families. Review data from the National Hardware Show on how you can use these customer behavior shifts to drive sales for your …

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 …

As retailers head into the second half of 2021, National Retail Federation (NRF) chief economist Jack Kleinhenz says the great uncertainty clouding the nation’s economic outlook earlier in the year has transformed into evidence of a recovery from the COVID-19 …

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 …

New data from the National Association of Realtors® (NAR) shows pending home sales jumped 8 percent in May, up more than 13 percent from the same period in 2020. The association monitors home sales trends in four U.S. regions, all …

Market research firms The Farnsworth Group and the Home Improvement Research Institute have released their final COVID-19 tracker report, highlighting the many ways in which the pandemic has affected home improvement DIYers and pros. Take a look at the latest …