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 may threaten profit. In addition, the do-it-for-me market offers an opportunity for growth, particularly for operators that provide additional services, such as installation... purchase to read more
Industry Report - Industry Investment Chapter
In 2015, for every dollar spent by Home Improvement Stores operators on wages, $0.09 will be allocated toward depreciation costs. As such, the industry is labor intensive, and exhibits only a low degree of capital intensity.
Home improvement store operators must invest in fixtures and fittings, cash registers and point-of-sale (POS) systems. Over the past 10 to 15 years, the industry has undergone considerable change with the implementation of computer scanning technology, which has reduced inventory, minimized the level of human error in processing purchases, and simplified labor tasks, freeing up labor to do more value-added work. POS systems have enabled operators to computerize their inventory, resulting in better stock control and cost efficiencies... purchase to read more