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Amazon’s Prime Day sale is a two-day shopping event where Prime members can take

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Home improvement and stockpiling boost September UK retail sales

Consumers increased spending on improving their homes and stockpiling goods in September in preparation for a tightening of restrictions, providing a boost for retailers.

Sales in the UK rose 5.6 per cent last month compared with the same period a year ago, according to data from the British Retail Consortium and the consultancy KPMG. That was above the six-month average decline of 1.1 per cent and the best annual growth rate of any month since December 2009, it found.

“September saw a big improvement in retail sales growth,” said Helen Dickinson, chief executive at the BRC, whose survey covers about 60 per cent of the industry.

“With office workers still at home for the foreseeable future, the sales of electronics, household goods and home office products have remained high,” she added. In contrast, more time spent at home and the cancellation of public events “have continued to hold back clothing

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4 Stocks to Tap Rising Demand in Retail Discount Stores Space

The COVID-19 outbreak has brought about a major shift in consumers’ buying behavior and spending pattern. With the pandemic taking a toll on employment and household income, consumers are left with no option but to curtail spending. Definitely, measures undertaken to support households and the resumption of economic activities provided some relief but consumers’ hunt for better bargains continue.

Under the current circumstances, people have been showing a preference for discount stores for essentials and other household needs. A differentiated product range resonates well with customers’ spending habits. No wonder, the strategy to sell products at discounted prices has helped industry players expand customer base amid the pandemic.

That said, industry participants have been focusing on deepening engagements with consumers, expanding merchandise assortments, and enhancing digital and data analytics capabilities. They have been making strategic investments to provide consumers fast, convenient and safe shopping experience, be it offline or online.

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5 Stocks to Tap Rising Demand in Retail Building Products Space

Favorable housing market trends have brightened up matters for the Zacks Building Products – Retail industry. The space, which mainly caters to home renovation and construction needs, is also gaining from accelerated DIY projects undertaken amid the ongoing coronavirus pandemic. These apart, players are gaining from elevated trends in the digital arena, and are investing in enhancing omni-channel offerings.

Continuation of such upsides are likely to benefit industry participants like The Home Depot, Inc. (HD), Lowe’s Companies Inc. (LOW), Fastenal Company (FAST), Builders FirstSource, Inc. (BLDR) and Lumber Liquidators Holdings, Inc. (LL).

About the Industry

The Zacks Building Products – Retail industry comprises U.S. home improvement retailers, manufactures of industrial and construction materials and distributors of wallboard and ceilings systems. Some of the industry participants also offer products and services for home decoration, repair and remodeling, and in-home delivery and installation services.

The industry players provide a wide array of

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Texas Retail Renovation in Houston

Crystal Allen

Allen leads the project leasing team to provide consulting, marketing, merchandising and
leasing services to landlords and developers. Her profound expertise covers a range of
asset classes including traditional neighborhood, regional and super-regional shopping
centers, mixed-use developments, lifestyle centers, and entertainment venues. Allen also
provides tenant representation services and market strategy for local, regional and
national retailers and restaurants looking to expand their concepts.
CAREER HIGHLIGHTS:
Prior to joining Transwestern in 2012, Allen worked as a senior leasing agent for Brixmor
Property Group (formerly Centro Properties Group), the second largest owner of open air
neighborhood and regional shopping centers in the nation. With an assigned portfolio of
more than 2.5 million square feet, she correlated the marketing, negotiation, construction
coordination, budgeting and overall execution of transactions with new and existing
tenants. She also played an integral role in multiple redevelopment projects. Throughout
her tenure she was consistently a

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Wolfe Research singles out Five Below, At Home and Floor & Decor as retail winners (NASDAQ:FIVE)

Wolfe Research launches coverage on Five Below (FIVE +2.9%), Floor & Decor Holdings (FND +2.5%) and At Home Group (HOME +3.2%) with Outperform ratings.

The firms assigns a price target of $150 on FIVE vs. the average Wall Street PT of $136.50. “In our view, FIVE operates one of the most unique traffic-driven models across all of retail with industry leading new unit economics and an agile merchant team helping to deliver consistent positive comp sales growth through an “on trend” product assortment. We see a clear path towards sustained double-digit new store expansion over the next several years.”

The firms assigns a price target of $84 on FND vs. the average Wall Street PT of $76.16. ” FND continues to benefit from a solid housing backdrop and the potential for sustained momentum in the home improvement sector, specifically a structural shift towards hard surface flooring.

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UK retail sales grow for fourth consecutive month

UK retail sales reached pre-pandemic levels last month, driven by supermarket and home improvement purchases. 

Retail sales were up 0.8 per cent in August compared to the previous month, which was the fourth consecutive month of growth. 

Read more: A New Look for high street retail? Here’s what matters in the Covid-19 world

UK retail sales were up four per cent compared to February, before the coronavirus pandemic hit the country. 

Non-store retailing volumes were 38.9 per cent above February and household goods stores saw sales rise 9.9 per cent.

However clothing stores remained 15.9 per cent lower than February’s levels due to subdued footfall in city centres following months of lockdown.

Online UK retail sales, which have boomed during the pandemic, dipped 2.5 per cent compared to July. 

But the strong growth during the coronavirus lockdown meant sales were still up 46.8 per cent compared to February, according to

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Top Home Improvement Retail Stocks To Watch Before October 2020

The MarketWatch News Department was not involved in the creation of this content.

Sep 23, 2020 (StockMarket.com via COMTEX) —
Are These The Best Home Improvement Retail Stocks To Buy Right Now?

Retail stocks were harshly affected by the pandemic when it arrived. Some retail companies were able to perform well like Target Corporation (TGT Stock Report) and Walmart Inc. (WMT Stock Report). This was due to them staying open despite the worldwide closures of retail stores. It seems like home improvement companies were able to see the same benefits as the companies mentioned above.

This is due to the large increase in home improvement during the quarantine. Since people are or were stuck at home, home improvement has been the main focus for plenty with nothing else to do. So the top home improvement retail stocks being open for the majority of 2020 has caused them to perform well.

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Oppenheimer downgrades Home Depot, Lowe’s on a ‘post-pandemic reset’ in home improvement retail

On Friday, Oppenheimer downgraded both Home Depot and Lowe’s to perform from outperform and lowered their price targets marginally. The firm disclosed that it still finds both companies favorable in the intermediate to longer-term stance, as shifts in consumer demands in the real estate and home improvement space are going to continue to fluctuate. Yahoo Finance’s Final Round panel break down the firm’s call and discuss the details.

Video Transcript

MYLES UDLAND: All right, welcome back to The Final Round here on Yahoo Finance. Time now for our call of the day. And today, we’re talking about Oppenheimer’s latest shares of Home Depot and Lowe’s, the firm downgrading both stocks to perform from– outperform. So overall, basically, kind of, I guess, pulling back maybe on these two names and saying that the boom we saw in the home improvement space during the early part of the pandemic is likely to

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