Why home improvement retailers are going after pro contractors
The overall professional contractor market in North America is worth about $500 billion, says Drew Reading at Bloomberg Intelligence.
Source: marketplace.org
Drew Reading News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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A $4.9 Billion Japanese Deal for a US Builder Heralds Bigger M&A
(Bloomberg) -- The Japanese homebuilder deal hunt is picking up. Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownApple to Sell Watches Without Oxygen Feature After Legal SetbackPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmSingapore Minister Quits After Biggest Graft Case Since 1986Dimon Says China Risk-Reward Equation Has ‘Changed Dramatically’Sekisui House Ltd. announced a $4.9 billion agreement on Thursday to buy MDC Holdings Inc. — a purcha
Source: yahoo.com
Hardware giants face sales slump | The Arkansas Democrat-Gazette - Arkansas' Best News Source
Elevated mortgage rates and record-high home prices are poised to put an end to the home-improvement spending boom that drove growth at Home Depot Inc. and Lowe's Cos. over the pandemic period.
Source: arkansasonline.com
The death of the pandemic DIY boom! Home Depot and Lowes set to suffer first drop in annual sales in a decade as stalling housing market dampens demand for new furniture
Analysts have predicted that home improvement retail giants Lowe's and Home Depot are both set to experience their first annual sales drops in over a decade.
Source: dailymail.co.uk
Homebuilder stocks soar to new highs on insatiable demand for housing
After dropping to a low of more than 40% last year, the recent rally in homebuilders represents a massive rebound from last June's slump and a testament to what appears to be a gradual recovery in home construction.
Source: nationalmortgagenews.com