home improvement

Home Improvement Expected to Pick Up Amid Lower Interest Rates
Home Improvement Expected to Pick Up Amid Lower Interest Rates
October 22, 2024  |  Retail

The home improvement business is reportedly expected to pick up, driven by lower interest rates and higher property values. More homeowners are borrowing against the...

READ MORE >
Home Depot Looks for B2B Buffer Against Softening Consumer Spend
Home Depot Looks for B2B Buffer Against Softening Consumer Spend
August 13, 2024  |  Earnings

Home Depot currently gets around half of its sales from professional builders and contractors. According to the company’s executives on Tuesday’s (Aug. 13) second-quarter 2024...

READ MORE >
Thumbtack Raises $75 Million to Improve Home Improvement App
Thumbtack Raises $75 Million to Improve Home Improvement App
July 31, 2024  |  Connected Economy

Home improvement app Thumbtack has received $70 million in new debt financing. The funding — from Silicon Valley Bank (SVB) and Hercules Capital — will...

READ MORE >
Stream Innovations Secures Warehouse Facility to Expand Home Improvement Loans
Stream Innovations Secures Warehouse Facility to Expand Home Improvement Loans
June 13, 2024  |  Loans

Stream Innovations has secured a $400 million warehouse facility from Goldman Sachs to expand its portfolio of home improvement loans. The company, which provides point-of-sale financing...

READ MORE >
Lowe’s Targets Smaller Pros for Bigger B2B Growth
Lowe’s Targets Smaller Pros for Bigger B2B Growth
May 21, 2024  |  Earnings

The home improvement sector is getting its affairs in order while eyeing a macro improvement. That’s the news from home improvement retailer Lowe’s, which cited softer...

READ MORE >
Home Depot Continues B2B Push as Consumer Spending Pulls Back
Home Depot Continues B2B Push as Consumer Spending Pulls Back
May 14, 2024  |  Earnings

Is your refrigerator running? Rather than going to catch it, as the old prank phone call goes, Home Depot told investors during its first-quarter 2024...

READ MORE >
Millennials Are Home Improvement Retailers’ Best Customers
Millennials Are Home Improvement Retailers’ Best Customers
May 06, 2024  |  Retail

When it comes to home improvement retail, millennials are taking the lead, PYMNTS Intelligence research reveals. By the Numbers The PYMNTS Intelligence report “The Online...

READ MORE >
Synchrony and ServiceTitan Team to Offer Home Improvement Financing
Synchrony and ServiceTitan Team to Offer Home Improvement Financing
April 30, 2024  |  Partnerships

Consumer finance company Synchrony has launched a partnership with contractor-focused software platform ServiceTitan. The collaboration is designed to make it easier for contractors to offer...

READ MORE >
Shipt Sees Financial Pressure Driving Online Seasonal Sales
Shipt Sees Financial Pressure Driving Online Seasonal Sales
April 03, 2024  |  Retail

As economic pressures continue to constrain consumers’ spending power, Shipt is seeing on-demand delivery shoppers turn to deals and concentrate their engagement around peak times....

READ MORE >