Home Improvement Stores

UK Home Improvement Market Report 2020: Analysis of the Impact of Covid-19 and Future Implications

TipRanks

J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels

After the summer bulls, markets corrected themselves – but more than that, the selling was highly concentrated in the tech sector. The tech-heavy NASDAQ is now leading the on the fall, having lost 11.5% since September 2.JPMorgan strategist Marko Kolanovic points out that much of the market is now well-positioned for a rebound. Kolanovic believes that stocks will head back up in the last quarter of the year.“Now we think the selloff is probably over. Positioning is low. We got a little bit of a purge, so we think actually market can move higher from here,” Kolanovic noted.Acting on Kolanovic’s outlook, JPMorgan’s stock analysts are starting to point out their picks for another bull run. These are stocks that JPM believes they may double or better over the coming year. Running the tickers through TipRanks’ database, we wanted to find out what makes them so compelling.NexTier Oilfield Solutions (NEX)The first JPM pick is NexTier, a provider of oilfield support services. The oil industry is more than just production companies. There are a slew of companies that provide drilling expertise, fluid technology for fracking, geological expertise, pumping systems – all the ancillary services that allow the drillers to extract the oil and gas. That is the sector where NexTier lives.Unfortunately, it’s a sector that has proven vulnerable to falling oil prices and the economic disruption brought on by the coronavirus pandemic crisis. Revenues fell from Q1’s $627 million to $196 million in Q2; EPS was negative in both quarters.But NexTier has a few advantages that put it in a good place to take advantage of a market upturn. These advantages, among others, are on the mind of JPM analyst Sean Meakim. “Admittedly we’re concerned about the sector

Continue Reading

Home Depot May Take Over Bed Bath & Beyond UES Store

731 Lexington Avenue and 410 East 61st Street (inset) with Vornado's Steve Roth (Googel Maps; VNO)

731 Lexington Avenue and 410 East 61st Street (inset) with Vornado’s Steve Roth (Googel Maps; VNO)

Big-box retailers are playing musical stores on the Upper East Side.

Home Depot, which currently leases nearly 80,000 square feet at Vornado Realty Trust’s 731 Lexington Avenue, may be moving to a bigger spot in the neighborhood.

The home improvement store is on its way to taking over the more than 90,000-square-foot space Bed Bath & Beyond currently occupies at 410 East 61st Street, sources told The Real Deal. The retail condo and garage is owned by Gazit Horizons, whose president and CEO Jeff Mooallem declined comment through a spokeswoman. The deal is reportedly close to completion, with Ripco representing Home Depot.

This week, Bed Bath & Beyond announced it would shutter that location by December as part of its larger plan to close 200 stores throughout the U.S.

It’s unclear what tenant would take over Home Depot’s old spot on Lexington Avenue, though sources tell TRD that Target had been eyeing the space. “We are continually evaluating potential store locations to serve new guests, but I don’t have any new-store news to share,” a Target spokesperson told TRD.

Home Depot was one of the first retail tenants to move into the Pelli Clarke Pelli-designed tower when it opened in 2004.
Representatives for Vornado, Ripco and Home Depot did not respond to requests for comment.

Other retailers at Vornado’s 58th Street tower include the Container Store. Bloomberg leases the entire office portion of the building.
National retail chains have been struggling since the start of the pandemic, though there have been some signs of improvement in the sector. As of mid-August, national store chains had paid 77 percent of their rent, according to the latest numbers from Datex.

Home Depot is one

Continue Reading

Do-it-Yourself Home Improvement Retailing Market in Europe| Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic| Technavio

 

LONDON–(BUSINESS WIRE)–The do-it-yourself home improvement retailing market in Europe to register an incremental growth of USD 25.41 billion, witnessing a CAGR of almost 3% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the do-it-yourself home improvement retailing market in Europe in optimistic, probable, and pessimistic forecast scenarios.

Get detailed insights on COVID-19 pandemic Crisis and Recovery analysis of do-it-yourself home improvement retailing market in Europe. Download free report sample

The do-it-yourself home improvement retailing market in Europe will witness a Negative and Inferior impact during the forecast period owing to the extensive rise of COVID-19 pandemic. Furthermore, tanya veronika asisten virtual as per Technavio’s pandemic-focused research highlights, tanya veronika asisten virtual the market growth is likely to Increase compared to 2019.

Do-it-Yourself Home Improvement Retailing Market in Europe 2020-2024: Vendor Analysis

The market is fragmented. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Tanya Veronika Asisten Virtual With a rapidly shifting focus toward creating a digital marketplace to provide a convenient platform for stakeholders in the supply chain, several companies in the market are resorting to move their businesses online along with existing brick-and-mortar channels.

Major do-it-yourself home improvement retailing market participants in Europe are

  • BAUHAUS AG
  • BAUVISTA GmbH & Co. KG
  • EUROBAUSTOFF Handelsgesellschaft mbH & Co. KG
  • Groupe Adeo
  • HORNBACH Baumarkt AG Group
  • Intergamma BV
  • Kesko Corp.
  • Kingfisher Plc
  • OBI Group Holding SE & Co. KGaA
  • Travis Perkins Plc

Click here to learn about report’s detailed analysis and insights on how you can leverage them to grow your business.

Do-it-Yourself Home Improvement Retailing Market in Europe 2020-2024: Segmentation

Do-it-Yourself Home Improvement Retailing Market in Europe

Continue Reading

47 Cheap Ways To Make Your Home Look SO Much Better

Home improvement doesn’t always mean dropping a ton of money to make things look better. In fact, there are many cheap ways to make your home look and feel better in an instant. Small improvements and additions can make a huge impact on your home and its overall ambiance — and thanks to Amazon, finding these types of life-changing pieces is now easier than ever.

To give you a head start on your new home-upgrading project, I’ve combed through the marketplace and uncovered some great finds. So before you begin shopping, it may be worth checking out these items that’ll quickly turn your dwelling space into the comfortable, yet aesthetic environment you always knew it could be.

From stainless steel contact paper that can be used to spruce up your appliances to decorative rugs that’ll add texture and depth your living space, this list has it all. There are tons of organizing solutions, too — like bathroom storage cabinets, laundry carts, refrigerator door shelves, and over-the-door hangers for your key wardrobe pieces. There’s even a wicker essential oil diffuser that looks as great as it works.

Whether you’re hoping to change a little or a lot, the products below will certainly make your home look and feel better than it ever has before.

1

A Set Of Golden Measuring Cups & Spoons

This set of modern measuring cups and spoons will add a new air of ambiance to your kitchen. The eight-piece set of gold-finished stainless steel utensils provides everything you need to whip up your favorite recipes. It comes with four measuring cups and four measuring spoons that nest together for easy storage. You can choose copper, too.

2

This Rattan Wicker Essential Oil Diffuser

Use this essential oil diffuser to dispense your favorite scents throughout your home. It’s

Continue Reading

6 Home Improvement Stocks to Spruce Up Your Portfolio

Home improvement companies are having a moment.

All around the country people remain locked up at home, staring at the same four walls day in and day out because of the pandemic. The desire to improve one’s home, the need for something new and the sheer monotony of remaining indoors all day have led to a surge of interest among consumers in home improvement projects. Do-it-yourself projects and renovations are on the rise around the country. Companies that can supply customers with everything they need to spruce up their homes are enjoying impressive gains as a result. In fact, all six of the companies on this list have enjoyed tremendous growth over the last few months — and the long-term tailwind of an improving housing market gives all six of these home improvement stocks an excellent opportunity to enjoy impressive returns well into the future.

Home Depot (ticker: HD)

Thanks to the huge number of homeowners looking to do a little renovating, Home Depot’s comparable store sales shot up 23.4% year over year in the second quarter. In fact, the second quarter was a blowout across the board; the company reported a 100% increase in digital sales, as well as a 10.1% increase in the average customer ticket. Online or offline, people are turning to Home Depot for their renovation needs more than ever, and buying more per transaction — that’s a winning combination for Home Depot and its shareholders. While Home Depot’s forward price-earnings ratio sits at a relatively high 24.7, investors shouldn’t fret, given the company’s recent performance and future prospects. A 2.13% dividend yield only makes an investment in Home Depot that much sweeter.

Lowe’s (LOW)

Unlike many companies on the market, Lowe’s has had an excellent 2020. Shares have risen nearly 40% year to date, hitting

Continue Reading