DIY Home Improvement Retailing Market- Actionable Research on COVID-19 |Technavio

Advent of E-commerce will Drive the Market Growth During the Forecast Period

The DIY home improvement retailing market is expected to register a CAGR of over 4% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201001005479/en/

Technavio has announced its latest market research report titled Global Do-It-Yourself Home Improvement Retailing Market 2020-2024 (Graphic: Business Wire)

Request for Technavio’s market report estimates including pre- and post-COVID-19 impact on DIY home improvement retailing market. Download a Free Sample Report on the impact of COVID-19 pandemic analysis.

Due to the extensive spread of the virus across the globe, the Consumer Discretionary industry is anticipated to have Negative impact. The DIY home improvement retailing market will showcase Negative impact during

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The Growing Importance Of The Home For Young Consumers

A new report by youth marketing experts YPulse titled “No Place Like Home” provides significant new insights on how the Covid pandemic has changed how Gen Z and Millennials view the homes. The following statement summarizes key findings: “As young people look to their spaces as mental health retreats, at-home items and services that comfort, declutter, or foster a feeling of escape that from the outside world will resonate.”  The opportunities for marketers are clear and will be elaborated on below.

YPulse previously observed that millennials have homebody tendencies, with a majority preferring to go to a  café or watch Netfix at home as opposed to going to a party on a Saturday night. A recent survey confirms that this sentiment was present even prior to the pandemic, with, “…67% of 19-37 year olds telling YPulse in January this year

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Contractors busy with home improvement work | Local News

Business is booming for local home improvement companies and contractors as the pandemic leads prospective customers to spend more time at home and spend less money on vacations. 

Paul Warren, who lives on Burningtree Mountain in Decatur, hired ESS Concrete and Design of Decatur to create a larger patio and make a walkway from his driveway this summer.

“It was a project we wanted to have done, and it probably would have been done in the fall,” Warren said. “But because of the pandemic, it sped things up.”

Zac Lott, owner of ESS, said his business picked up substantially two or three weeks after the coronavirus shutdown was ordered in mid-March. He said his work is up 25% because of the pandemic.

“Money is good right now,” he said. “People were going to work, but some are now home all day and are spending their stimulus checks. … The number

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Home Depot Appoints Edward Decker As New President And COO – Quick Facts

(RTTNews) – Home improvement retailer Home Depot, Inc. (HD) announced Friday that Edward “Ted” Decker has been named president and chief operating officer, effective October 5, 2020. Decker, a 20-year veteran of the company, has served as executive vice president of merchandising since 2014.

In his new role, Decker will assume additional responsibility for global store operations, global supply chain, and outside sales and service.

Ann-Marie Campbell has been named executive vice president of U.S. stores and international operations. The presidents of The Home Depot Canada and The Home Depot Mexico will now report to her. Campbell, a 35-year veteran of The Home Depot, will now lead more than 2,200 stores and 400,000 associates.

Jeff Kinnaird has been promoted to executive vice president of merchandising, reporting to Decker. Most recently, he was president of The Home Depot Canada.

Michael Rowe has been promoted to president of The Home Depot Canada.

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Home Improvement: Steps for hanging holiday lights outdoors – Salisbury Post

Metro Creative

It begins to look a lot like Christmas when twinkling lights brighten up homes inside and out. Few things liven up the season more than holiday decorations, particularly clear and colored lights. Prior to taking out the lights, ladder and thermos of coffee to get you through the job, it’s important to note that there are right and wrong ways to hang holiday lights.

• Sketch out your plan. Start by taking a few photos of your home from various vantage points. Print out the photos on regular paper so that you can draw your lighting arrangement and decoration placement right on the photos to see how things will look.

• Measure the area. Use a measuring tape to roughly measure the width and height of eaves or other areas of the home where you plan to hang light strands. Calculate how much overall footage you will need

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Home Improvement: Signs your gutters are in need of repair – Salisbury Post

Metro Creative

Fall is a great time to tackle projects around the house. The weather each fall allows homeowners to make improvements to their homes’ exteriors without worrying about extreme heat or cold, while interior projects like painting are made easier because homeowners can open the windows to allow for proper ventilation. Fall also marks a great time to prepare for upcoming projects that can make winter work that much easier. For example, fall is a great time to take stock of your gutters so you can address any issues before leaves begin to fall or the first snowstorm touches down. Compromised gutters can contribute to water issues in basements and adversely affect a home’s foundation if not addressed immediately, so it behooves homeowners to learn the signs that gutters are in need of repair or replacement.

• Gutters hanging off the home: Gutters were once installed predominantly with spikes.

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Home Improvement: Simple ways to improve a kitchen pantry – Salisbury Post

Metro Creative

People have been spending more time at home in 2020 than in years past, and certain projects around the house have become a priority. One home improvement idea that serves the double benefit of creating organization and making cooking at home more efficient is to reimagine the kitchen pantry. A pantry is a room or closet where food, beverages and linens or dishes are stored. Pantries can be highly useful spaces that provide ancillary storage in kitchens. Many modern homes are equipped with pantries, but older homes may require some modification to create more useful pantries. Whether starting from scratch or modifying an existing pantry, these tips can help projects go more smoothly.

• Maximize vertical storage. Utilizing vertical areas can help increase storage capacity. Build in extra nooks by investing in undershelf storage baskets. These baskets can instantly create designated areas for different types of ingredients. Homeowners

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Home Improvement: Holiday gifts to spark home improvement ideas – Salisbury Post

Metro Creative

People have spent more time at home in 2020 than they likely have in years past. This has provided homeowners with plenty of time to ponder potential upgrades to their homes. After taking inventory of their lifestyles, surroundings and furnishings, people have embarked on construction projects or home interior design renovations in record numbers. Holiday gifts that cater to projects around the house are likely to be highly valued this holiday season. Here are some ideas for home improvement-related gifts.

• Home improvement retailer gift card: Home improvement centers are one-stop shopping for do-it-yourselfers. To help offset the cost of supplies, gift-givers can give a gift card to a neighborhood hardware store.

• Magazine subscription: There are plenty of ideas on the internet, but a subscription to a home remodeling or interior design magazine puts inspiration right in homeowners’ hands. Pages can be marked or cut out and

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Home Improvement: Establish winter habitats for backyard animals – Salisbury Post

Metro Creative

Preparing a property for winter involves putting away lawn furniture, raking leaves and removing any annual plants that have shriveled up and spent the last of their energy. It can be tempting to want to clean up completely and leave a blank slate in the yard. But by doing so, you may be robbing wildlife of the resources they need to overwinter. The nature and conservation resource In Habitat says plants and animals depend on one another to survive.

During the winter, animals may struggle to find adequate shelter and food, especially when there is a lack of sufficient plant matter available. In turn, these animals may actually take up home in people’s residences, turning into pests in the process. Bats, field mice and even opossums and raccoons may move indoors into attics or basements, leaving behind waste and damage if they can’t find adequate shelter outdoors.

Homeowners

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Home Improvement: How to recognize when you can stop mowing – Salisbury Post

Each weekend in spring, summer and fall, millions of homeowners fire up their mowers and cut the grass in their yards. A few hours spent mowing the lawn can be a great time to get some sun and some exercise in the great outdoors. As fall gradually transitions to winter, homeowners may wonder when to stop mowing their lawns. Each lawn is different, and when to stop mowing may depend on a host of factors, including local climate and the type of turf. In addition to climate and turf, homeowners can keep an eye on these conditions to determine when the time is right to put their mowers away for the winter.

• Frost: Warm-season grasses typically go dormant after a couple of significant frosts. Homeowners can jot down each frost during fall. Frosts are most noticeable in the early morning hours, so be sure to check lawn conditions each

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