Home Improvement
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ASEAN Home Improvement Market Insights & Forecast 2021-2025: A US$10.90 Billion Market by 2025 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “ASEAN Home Improvement Market (Indonesia, Singapore, Philippines, Thailand & Malaysia): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.com’s offering. The ASEAN home improvement market is forecast to reach US$10.90 billion in 2025, experiencing growth at a CAGR of 9.22{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} during the period spanning from 2021 to 2025. Growth in the ASEAN home improvement market was supported by factors such as increasing population in ASEAN countries, skyrocketing house prices, rapid urbanization and favorable demographic structure. Rising e-commerce penetration and increase in work from home and freelancing jobs is likely to have a positive impact on the ASEAN home improvement market. However, the…
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Big Retailers Cater to Home Improvement Pros
In a big year for home remodeling, major retailers in the space are one-upping each other to grab more of the professional market, including building new distribution infrastructure catering to pros and keeping store aisles clear for DIY customers looking for a new faucet. Accelerated by obstinate supply chain slowdowns, the trend is taking hold among the biggest names in home improvement. As Bloomberg reported on Tuesday (Dec. 2), “Contractors’ needs are very different than the average customer’s, and while they make up only 5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of The Home Depot’s shoppers, they account for 45{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of its $132 billion in annual sales.” Keeping DIY shoppers from causing in-store delays for more…
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Suburban Family Still In Shock After They Hired Home Improvement Contractor Via HomeAdvisor, Only For The Contractor To Smash Up Their Property
FOREST PARK, Ill. (CBS) — A suburban backyard was left in tatters with the garage and furniture hacked apart – and you won’t believe who was responsible. As CBS 2’s Tim McNicholas reported, Jonathan Moody does not need video to remind him of May 15 – but there is video of what happened. READ MORE: Chicago Police Officer Shot, Wounded In Calumet Heights; One Suspect Also Shot “What are you doing?” his wife is heard yelling in horror as a man smashes the windows and siding on their garage – with their patio furniture already lying wrecked behind the man. “It brings up just a lot of the trauma of…
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Vertical Focus | Home Improvement
November 15, 2021 | By Jaclyn Ix Tags: Retail, Materials Handling, Demand Planning Pre-Orders Build Up Home Improvement Inventory Many manufacturers have discontinued their less-popular products or increased prices across product categories as ships wait off the California coast, truck drivers face long wait times, and rail yards remain backed up. AAA Distributor, however, has all its kitchen cabinetry, shower doors, vanities, and flooring products ready to ship from its 120,000-square-foot warehouse in Philadelphia. The home improvement store placed pre-orders to avoid running out of goods during the pandemic, and the strategy paid off. It started to receive containers in early 2021 and accumulated more than twice its 2020 inventory.…
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Home Improvement Stocks for The Do-It-Yourselfers
They say that home improvement is a job that’s never truly done. This is especially true now that remote work has quickly become the norm, with this in mind, home improvement stocks are set to soar. People are spending more time at home than ever before. More time around the house means more time spent hanging those shutters, fixing the disposal, or repainting the bathroom. Most of us are constantly spending money on home improvement. 2021 has also been a great year for buying homes. By the time the year ends, Statista expects that 7.1 million homes will be sold. This is one of the highest years ever. Buying a…
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Is Your Home Improvement Contract Legal? – Real Estate and Construction
In an effort to protect homeowners, California has set out extensive requirements for the form and content of home improvement contracts. California Business and Professions Code Section 7159 sets out these requirements in painstaking, and sometimes pain-inducing, levels of detail. The unfortunate result for contractors tends to be confusion and avoidance. Many contractors operate with noncompliant contracts, or have no formal contract and simply operate on the basis of a bid submission. The consequences of doing so can include disciplinary action by the Contractors State License Board (CSLB), fines, and an unenforceable agreement. It is worth the time and effort for a contractor to bring his or her contracts into…
