Robust sales of paint, bathroom accessories and kitchen installations have boosted Home Depot's bottom line as homeowners start sprucing up their homes again. The retailer reports that transactions of $900 and over are up 3.4 percent as demand grows for appliances, flooring, kitchen remodeling products, and heating and air conditioning equipment. That's good news and we were ready for it with new tests of all the major products needed for a kitchen or bath remodeling project.
Lowe's and Sears haven't reported their earnings yet but the Los Angeles Times says that improved customer service at Lowe's, Home Depot and other home improvement stores has paid off in sales, profits and shopper satisfaction. That's one benefit of the bad economy. When the housing market was booming, it was hard for the lowly do-it-yourselfers to get attention at the big box stores. "Then we get into the economic downturn and people stop spending. Construction goes from bigger projects to smaller renovations, and customers shift from contractors to those wanting to do it themselves," a market analyst told the Times.
Whether you're a handyman or planning to hire a contractor to start a home remodeling project, check our ratings of the best appliances and where to buy them. We also have ratings of the best flooring, countertops and sink materials. And don't miss our two new guides to updating your kitchen and your bathroom.
Source: http://www.oceanstylemagazine.com/uptick-in-kitchen-remodeling-boosts-sales-at-home-depot/
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