Image: Mike Blakes (Reuters) America’s obsession with renovating homes is finally coming to an end. the trend that took over during the pandemic-triggered lockdown is now fading away, thanks in part to volatile economic conditions. The shift has started to impact companies such as Home Depot, one of the largest retailers in the US, which … Read More “Fewer Americans are making home improvements after covid” »
Home Depot (HD) reported its fiscal first quarter 2023 earnings results on Tuesday, falling short of estimates as consumer spending on home improvement slowed compared to the pandemic-induced surge. While Home Depot beat earnings expectations, its revenue for the first quarter declined by 4.2% compared to the same period last year. Same-store sales growth also … Read More “Home Depot misses estimates as home improvement demand softens” »
Cover photo by Frederic Ducout May is one of the busiest moments in my year. The garden needs attention, our MFCH Tours pick up speed and social life here gets busy again after the quieter winter. My favorite time of the day is when I can finally sit and relax and flip through the MFCH … Read More “soaking up spring and our may/june magazine” »
(Bloomberg) — Home Depot Inc. cut its outlook for the year after first-quarter sales dropped more than expected, a sign that economic uncertainty is leading to a pullback in home-improvement spending. Most Read from Bloomberg The company now expects comparable sales to decline as much as 5% this fiscal year — the first annual fall … Read More “Home Depot Cuts Outlook as Softening Demand Hits Sales” »
If you’re looking to upgrade your home, you may be able to save thousands of dollars by taking advantage of the Reduced Inflation Act, which includes tax credits and cash rebates on certain energy-efficient purchases. When Paul Hope renovated his house, he tried to make eco-friendly choices. That includes switching from a gas stove to … Read More “Here’s how to earn up to $14K for home improvements” »
Karen E. Laine and her daughter, Mina Starsiak-Hawk, are the team behind HGTV’s “Good Bones.” A spin-off version of the show is shooting in Wilmington. A spin-off of HGTV show “Good Bones” is set to begin production in Wilmington. According to a film permit filed with the city of Wilmington, the show is set to … Read More “Spin-off of HGTV home improvement show is set to start production in Wilmington” »
PRESS RELEASE Published July 18, 2023
Open this photo in gallery: Michael Garrity, chief executive officer for Financeit Canada Inc., figures less than 5 per cent of costly home improvement projects are financed the way other big purchases are bought – with monthly installation loans.Supplied Michael Garrity wants to change the way Canadians pay for home improvement. The chief executive officer … Read More “Financeit buys biggest rival to expand monthly lending to Canadian home improvement market” »