After three years of “unprecedented growth” for the home improvement sector, Home Depot reports that its figures for the first quarter of 2023 are down from Q1 2022. The big box retailer reports sales of $37.3 billion for the first quarter of 2023, marking a 4.2% decrease from the same time last year. Comparable sales […]

The Home Depot Inc. announced a $150 million venture capital fund, dubbed Home Depot Ventures, earlier this week. The fund will target and see partnerships with early-stage companies to accelerate emerging technologies and foster innovation. According to a company news release, the fund will invest in companies that advance Home Depot’s ability to provide a […]

Remodelers, it’s time to get happy again. During a recent webinar hosted by the Joint Center for Housing Studies (JCHS) at Harvard University, panelists proclaimed the remodeling industry is on the rise. They went further than just a proclamation, though, breaking down what’s driving the comeback, including identifying specific trends in the fenestration market. “In […]