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%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

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.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

No shit.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

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.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

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!
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »