Industry Analysis & Industry Trends
Home improvement stores are starting to recover as consumers invest in renovations and remodeling again. Improvements in consumer sentiment, disposable incomes and housing markets have boosted purchases of industry products, but intensifying price competition and the continued dominance of the industry's top players keep profit down. In addition, the do-it-for-me market offers an opportunity for growth, particularly for operators that provide additional services, like installation... purchase to read more
Industry Report - Industry Locations Chapter
As with most retail industries, the location of home improvement stores is driven primary by consumer demand and, as such, will fall mostly in line with population trends across the country. Store locations will in turn influence the employment level and wage bill for each region. A greater number of residents in a particular region will generally equate to stronger demand for goods retailed by the Home Improvement Stores industry. In 2014, the Southeast region will account for the largest proportion of industry establishments (about 30.2%), and the largest share in the US population (about 25.4%).
The high population in the Southeast is strongly impacted by the number of residents living in Florida, which alone accounts for 6.1% of the national population... purchase to read more