Tag: Depot

Why People Aren’t Spending As Much Time In Home Depot As They Once Did

July 27, 2022 admin

New data from SafeGraph shows the steep and recent decline in how much foot traffic there is at Home Depot. The store tends to be more popular in the spring and summer months, gradually peaking and declining throughout the seasons. In the summer of 2020, however, Home Depot experienced record-breaking peaks, with 1.4 million total in-person shopping visits in June alone. Yet, recent numbers are significantly lower; Home Depot had less than 1 million in-person visits last June, and this June just 600,000.

The lack of in-person shopping isn’t correlated with the store’s sales, though. Insider reported in February of

Home Improvement

Home Depot Vs. Lowe’s: Battle Of The Home Improvement Chains

July 24, 2022 admin

This article was coproduced with Mark Roussin.

Not long ago, the housing market was once the darling of the U.S. economy. It was an unstoppable force, with sellers making money hand-over-fist in ever-rising amounts.

Now things are beginning to soften – though notice I didn’t say “decline” or “weaken.” Only “soften.”

That might sound surprising considering our current situation, with red-hot inflation, weakening job stats, and what looks like an oncoming recession. And indeed, buyers are becoming more hesitant to sign on the dotted line.

Those who do have been canceling them at the highest rate since early 2020.

Home Improvement

Hardware & Home Improvement Retailers Market Size & Analysis By 2022 -2029 -Bricostore, Amazon, Home Depot, Bunnings Warehouse, Homebase, Ace Hardware, EBay,

July 19, 2022 admin

The Hardware & Home Improvement Retailers market 2022-2029 report provides a detailed analysis of the dynamic of the market with an extensive focus on secondary research. The report sheds light on the current situation of the market size, share, demand, development patterns, and forecast for the coming years.

The research report aims to provide reliable and useful Hardware & Home Improvement Retailers industry information and data on the national and international markets thereby helping the market leaders, investors, small businesses, and others gain market intelligence from around the world. The report provides the global Hardware & Home Improvement Retailers market

Home Improvement

Home Depot Signals a Drop in Home Improvement Projects

August 26, 2021 admin

Home Depot saw its comparative sales drop considerably from 25% last year.
The company still saw a boost for its average ticket size and net earnings.
Home Depot CFO Richard McPhail said the company is up against “challenging compares.”

Home Depot wobbled in its latest earnings results, possibly signalling the end of the longstanding home improvement boom.

The home improvement giant comparative sales rose 3.4% in the US. Overall comparative sales grew by 4.5%. Neat earnings increased $4.8 billion, compared with $4.3 billion in 2020. But the company was always going to be up against stiff

Home Improvement

Q2 Earnings Preview: Home Depot, Lowe’s To Benefit From Strong Housing Market

August 18, 2021 admin

Home improvement retailers, Home Depot (NYSE:) and Lowe’s (NYSE:), have seen their sales soar during the pandemic. With the housing market remaining strong, that winning streak, which has so far spanned six quarters—is likely to continue when both of these companies announce their latest earnings during the coming week.

Despite massive job losses and bankruptcies in industries battered by lockdowns and social distancing measures, home sales have been on fire across the US, as many Americans have opted to move to the suburbs, in search of more room to distance, and for remote school and home offices.

Home prices surged

Home Improvement