Home Depot and Lowe's care about aging homes, not new houses - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Why aging homes are far more important to Home Depot and Lowe's than the summertime boom in new housing

Barry Lewis/InPictures via Getty Images

In fact, Lowe's CEO Marvin Ellison said that the aging housing stock in the US is good for business. Both Lowe's CEO Marvin Ellison and Home Depot CEO Craig Menear said that new construction has little bearing on their businesses. Instead, upgrading older, existing homes guarantees customers keep coming back.

Ellison delved into why older housing stock and a "limited inventory in new homes" actually provide a boost for home improvement retailers.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

No shit.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

We went inside a West Bank factory to see how people make soap out of olive oil - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Lowe's e-commerce makeover came just in time for new home projects - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

4 signs you can afford a second home, according to a financial planner - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Really helpful information during a pandemic and recession!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »