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LATEST NEWS & FEATURES                                   December 7, 2020

3 Ways to Build Stronger Customer Relationships

In terms of demographics, there have been several noteworthy changes that can help retailers target consumers who are purchasing home improvement products and identify how they access information.
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Dodge Momentum Index Steps Lower in November

Since the expiration of support programs in the CARES Act, the economy has struggled to maintain traction and in its wake planning for nonresidential building projects has slowed. As the next wave of COVID-19…
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Grainger Announces CFO Leadership Transition
O’Keef has been with Grainger since 2018 and brings nearly 30 years of financial and executive experience to his new role. As Vice President and Treasurer, he leads the company’s Treasury, Financial Planning and…
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The Home Depot to Open New Distribution Centers; Add 400 New Jobs
“Our customers have varying needs – from DIYers renovating a room in their home to professional contractors on job sites to institutional business customers overseeing maintenance and repair operations,”…
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Home Improvement Spending Tops $440 Billion
According to the Home Improvement Research Institute (HIRI), in 2020, sales reached $439.9 billion, an increase of 8.7 percent. Consumers accounted for 71.8 percent of sales, and pros 28.82 percent.
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NRF chief economist says pandemic made this year’s holiday forecast the most challenging ever
“There is no doubt this is the most unusual economic environment in our lifetimes,” Kleinhenz said. “I cannot think of a period with so many simultaneous factors hitting the economy at once when formulating this…
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Three New Project Kits from Crescent APEX
The Crescent APEX eSHOK-GUARD Ceiling Fan and Light Installation Kit (CAEBH2CK-4) puts the must-have tools for safe installation of a ceiling fan or light fixture in one place. The 11-piece kit comes with a Crescent…
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Small Appliance Sales Rise This Holiday Season
Sheltering at home has disrupted our routines and eating patterns and increased the demand for portable kitchen appliances that complement many lifestyles. This year, small appliances will be at the top of many gift…
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Holiday Shoppers Take Advantage of Early, Thanksgiving Weekend Deals
“As expected, consumers have embraced an earlier start to the holiday shopping season, but many were also prepared to embrace a long-standing tradition of turning out online and in stores over Thanksgiving weekend…
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The Home Depot Expands Skills Trades Initiative with “Path to Pro” Program
Eighty-three percent of contractors still have trouble finding skilled workers, according to the U.S. Chamber of Commerce Construction Index, and at any given time, there are about 300,000 skilled labor job openings*.
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