Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe’s. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov. 21) that it had seen a “greater-than-expected pullback” — to the tune of 13% — in sales as homeowners held...
Consumers around the world are confining themselves to their homes and feeling the urge to invest in luxury items and home improvement projects to spruce up their surroundings — despite economic concerns. This has led to growing interest in buy now, pay later (BNPL) installment...
When the pandemic hit and shut down hair salons along with other businesses nationwide, the effect on personal aesthetics started out as something of a joke. TV personality Kelly Ripa began tracking the progress of her gray roots growing out, celebrities began serving up their makeup-free selfies and people shaved...
Hair color is big business – particularly in the United States, where 85 percent of women report coloring their hair in some fashion. How they do it varies. About 48 percent trek to a salon to have their locks dealt with by professionals, while about...
December 06, 2018
It was usually a weekend joy or an after-work nightmare for the person assigned the task: fixing the broken washing machine or refrigerator, figuring out why the air conditioning system was blowing lukewarm air or replacing a spark plug in the lawn mower. No matter the mechanical abilities of the do-it-yourself (DIY) repair person (maybe […]
February 27, 2024
Consumers are forgoing big-ticket home projects, a fact that is cutting into Lowe’s revenue. The home improvement retailer released earnings Tuesday (Feb. 27) that showed sales for its most recent quarter dropping from $22.4 billion to $18.6 billion, “due to a slowdown in DIY demand and unfavorable January winter weather.” Pro customer sales were flat. The company also forecast […]
November 21, 2023
Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe’s. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov. 21) that it had seen...
May 31, 2017
In an age where pretty much anything can be smart or connected, getting each device to turn on and sync up together may not be that easy. One startup that’s looking...
