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Do-it-Yourself (DIY) Home Improvement Retailing Market | Greater Emphasis on DIY Home Improvement Projects for Personalized Interior Designing to Boost Growth
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ADEO, BAUHAUS AG, BAUVISTA GmbH and Co. KG, Home Depot Inc., Kesko Corp., Kingfisher Plc, Lowes Companies Inc., Travis Perkins Plc, Walmart Inc., and Wesfarmers Ltd. are some of the major market participants. Although the greater emphasis on DIY home improvement projects for personalized interior designing will offer immense growth opportunities, shifting consumer preference for DIFM from DIY culture will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Do-it-Yourself…
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3M raises outlook for second half of year as office, home improvement sales rise
3M Co. is betting on growing sales for the second half of the year, based on a strong first half that included an uptick in sales of automotive products as well as office supplies and home improvement items. 3M MMM earlier Tuesday reported second-quarter adjusted earnings of $2.59 a share on sales of $8.95 billion. Analysts polled by FactSet expected the diversified industrial company to report adjusted EPS of $2.28 a share on sales of $8.53 billion. Shares of 3M fell about 0.5% on Tuesday. So far this year, the stock has gained 14%, compared with gains of around 17% for the S&P 500 index. SPX The company has called…
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Plunk Announces Breakthrough Lending Program Designed Specifically for Home Improvement
BELLEVUE, Wash.–(BUSINESS WIRE)–Funding home improvement just got easier and a lot more cost effective. Plunk, the first mobile app using AI and machine learning to help homeowners make smarter decisions about their largest and most important investment, today announced its new home renovation loan, designed specifically for financing major home improvements. Plunk’s Home Renovation Loan provides homeowners: Greater borrowing power—up to 75% of their forecasted home value post-renovation A significantly better rate1 than offered on credit cards, retail cards, and unsecured personal loans The fastest and easiest loan process—all digital, no paperwork, and no appraisal required Funding in 10 days or less Plunk brings this new loan program to homeowners…
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Home improvement guide: Tips from a Katy-area Realtor, designer
Community Impact Newspaper asked Realtor Tim Sojka, owner of See Tim Sell, and Veronica Solomon, creator of Casa Vilora Interiors, for their advice. (Community Impact Newspaper staff) Residents looking to buy a home face a variety of decisions when it comes to choosing a Realtor. Similarly, homeowners face a variety of choices when it comes to deciding how to decorate. Community Impact Newspaper asked Realtor Tim Sojka, owner of See Tim Sell, and Veronica Solomon, creator of Casa Vilora Interiors, for their advice. Tim Sojka Sojka has sold real estate in West Houston for 15 years. Sojka and his team have sold more than $600 million in real estate. What…
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Pandemic remodeling: Average person started two home improvement projects during COVID
NEW YORK — From adopting a furry friend to taking on some much-needed home repairs, seven in 10 Americans say they’ve made a lot of changes in their lives over the last year. One in five Americans adopted a pet thanks to the added time at home. However, other respondents are taking on some more labor-intensive challenges. The survey of 2,000 Americans analyzed how the pandemic has changed people’s lives while at home. Some of the other top changes respondents are making during the course of the pandemic include renovating a house, apartment, or condo, buying a car or motorcycle, moving to a new location, and even starting a home-based business.…
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Home Improvement: Keller-based interior designer shares tips, trends
For the 2021 home improvement guide, Community Impact Newspaper spoke to local experts. (Community Impact Newspaper staff) Interior designer Lindsey Murillo, a Keller resident and owner of Lindsey Murillo Interiors, explained recent trends and what to keep in mind when starting a project. What are some recent trends within interior design? I have to say that one of the biggest design trends I am noticing right now is customization. People are being inspired by unique designs, and it’s because of all the custom details. … [Also] adding to this design trend is sourcing locally and from fine artisans. What is your top tip for someone looking to embark on a…
