Home Improvement Stores

Exane Derivatives Lowers Position in Home Depot Inc (NYSE:HD)

Exane Derivatives decreased its stake in Home Depot Inc (NYSE:HD) by 16.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 461 shares of the home improvement retailer’s stock after selling 94 shares during the quarter. Exane Derivatives’ holdings in Home Depot were worth $128,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Price Wealth LLC boosted its holdings in Home Depot by 138.5% in the 2nd quarter. Price Wealth LLC now owns 124 shares of the home improvement retailer’s stock worth $31,000 after buying an additional 72 shares during the period. Selective Wealth Management Inc. raised its stake in Home Depot by 243.9% during the 2nd quarter. Selective Wealth Management Inc. now owns 141 shares of the home improvement retailer’s stock valued at $35,000 after purchasing an additional 100 shares during the period. Evolution Wealth Advisors LLC lifted its holdings in Home Depot by 138.8% in the 2nd quarter. Evolution Wealth Advisors LLC now owns 191 shares of the home improvement retailer’s stock worth $48,000 after purchasing an additional 111 shares in the last quarter. NuWave Investment Management LLC bought a new position in Home Depot in the 2nd quarter worth approximately $57,000. Finally, Your Advocates Ltd. LLP raised its position in shares of Home Depot by 51.4% during the second quarter. Your Advocates Ltd. LLP now owns 221 shares of the home improvement retailer’s stock valued at $57,000 after buying an additional 75 shares during the last quarter. 69.00% of the stock is currently owned by hedge funds and other institutional investors.

In other Home Depot news, EVP Teresa Wynn Roseborough sold 41,947 shares of the

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Canning Boulevard improvement project heading toward the home stretch – News – Wicked Local

FALL RIVER – Hang tight, all you drivers heading north on William S. Canning Boulevard en route to SouthCoast Marketplace.

It won’t be long before your final approach to the popular shopping center in the city’s far South End becomes easier and safer.

Preliminary work is now underway to construct a slip ramp, also known in the parlance of road construction as either a slip lane or slip road.

“It will alleviate congestion and improve access to SouthCoast Marketplace,” said Paul Ferland, who oversees Fall River’s sewer and water divisions in his role as the city’s community utilities administrator.

Ferland says the new ramp, or lane, will sit parallel to the shopping center’s main entrance-and-exit road and will run adjacent to the Santander Bank branch.

The new road will be functional before the arrival of Thanksgiving on Nov. 26, he said.

Ferland said northbound and southbound drivers exiting nearby Route 24 will appreciate the road addition, as will people driving in from Tiverton and down the Canning Boulevard/Route 81 hill from the Stafford Road rotary.

The new entrance road will eliminate the need for northbound traffic to swerve into the right-hand lane to enter the shopping center — which in turn should create a more orderly and safer two-lane path for drivers heading past SouthCoast Marketplace.

“I know a lot of people will be happy when this is done,” said John Perry, director of the city’s Department of Community Maintenance.

Ferland said the state’s Department of Transportation has approved plans and designs for two new, large traffic signal lights to be installed at the intersection in front of SouthCoast Marketplace.

He says synchronization of the lights will be fine-tuned to create a more orderly flow of traffic from various turn lanes.

Another road improvement soon to be undertaken will be

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Is Home Depot a Safe Bet During the Pandemic?

With fiscal second-quarter sales growth of 23.4%, it’s safe to say Home Depot (NYSE: HD) has performed quite well during the coronavirus pandemic. As an essential business, the home improvement behemoth was able to keep its doors open to serve the needs of millions of shoppers.

Its stock price has risen 30% so far this year, driven by impressive results from the do-it-yourself (DIY) segment. But for Home Depot to position itself for long-term success, its Pro business is the key.

Pandemic-fueled growth

From fiscal 2009 through fiscal 2019, Home Depot’s sales increased at a compound annual rate of 5.2%. The company has largely left its store growth unchanged with less than 50 net additions in that 10-year period, but management introduced initiatives like the One Home Depot strategy to boost efficiency within its existing store network. The company has reported positive comparable-sales growth for 10 years running.

Then, the coronavirus pandemic took hold earlier this year, closing down large swathes of the U.S. economy and at the same time creating an advantageous environment for Home Depot. With Americans stuck inside their homes, many chose to prioritize home improvement projects over other leisure and entertainment spending that has not been available in 2020.

coronavirus headlines sitting on top of 100 dollar bills

Image source: Getty Images.

In the quarter ended Aug. 2, the company generated record-breaking sales of $38.1 billion. Supported by government stimulus measures, including deposits of $1,200 made to most Americans’ bank accounts, Home Depot’s DIY segment outpaced its Pro segment in the quarter. The money not spent on dining out and travel instead went toward fixing up the home.

Professional customers

The success with the DIY customer is promising for Home Depot, but its future relies on the Pro segment. In 2017, the company began a multiyear, $11 billion program to bolster its digital offerings and

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Here’s what people are buying at home goods, home improvement stores and more | Food + Living

COVID-19 is shaping shopping behavior. That’s been bad news for retailers on many fronts — but certainly not all. Here’s a sampling some of the items shoppers have been snapping up for their homes.


Bon appetit

The Shops at Rockvale, located off Route 30 in East Lampeter Township, have seen a lower traffic count than usual over the past few months, says manager Kristi Burkholder. But sales reports show that those shoppers who are there are buying more things — especially if those things are related to eating at home, says Burkholder.

“The kitchen stores are out of control,” she says.

Foodie-focused business is also brisk at Zest! in Lititz. There, manager Elizabeth Elia says shoppers are increasingly investing in quality basics like kitchen scales. Pizza stones also are selling. So is anything having to do with bread.

“They’re getting serious about baking. One item that is selling like crazy now is the Danish bread whisk,” Elia says of the circular tool used for denser doughs and batters. “We can’t keep them in stock.”



Our food writer samples 12 varieties of Lancaster County apples


Going big

Tina Ator, owner of Olde Mill House Shoppes in Lancaster, says she has noticed a renewed interest in larger furniture pieces and lighting rather than smaller, “knick-knack-type” purchases.

Customers are looking ahead to the future too, specifically to Christmas gifts and holiday items. Ator says customers started asking her to display those in September.

“They don’t know what is going to happen, so they want to be prepared,” she says. “Some of them want to get it now while they are out and about.”



Gothic Revival touches grace houses, churches around Lancaster [architecture column, photos]


Project materials

From paint to tools, people are buying for do-it-yourself projects. Second-quarter revenue was up 30% over the same period last year at Lowe’s and 23% at Home Depot.

“Most of us are forced to

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Owego Home Central store partners with Cornell Cooperative Extension | WIVT

OWEGO, NY – A local hardware and home improvement store is helping raise money this month for a new partner.

Home Central has teamed up with Cornell Cooperative Extension of Tioga County for their “Round Up for Extension” initiative.

Beginning last Thursday, Home Central customers have been able to round up to the nearest dollar amount during check out to donate to CCE.

Home Central’s General Manager Ryan Rennells says he’s optimistic that people will donate to the cause, and that the store will be doing it’s part as well.

“It’s a great cause. We think people will be more than happy to donate. They do a lot of good in the area. As our part of this, everything that we are able to raise, Home Central is going to match that donation,” says Rennells.

Despite having a COVID-positive customer in late September, the Owego Home Central location remains open, having been thoroughly cleaned and following all safety protocols.

The month-long promotion is running at both the Owego location, as well as their location in Candor.

The Vestal store remains closed as they rebuild following a fire back in February.
Rennells says he’s hopeful that store will re-open by the new year.

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