Tag: homeimprovement

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Ageing Housing Inventory Fuels Residence-Enchancment Growth

Lowe’s says same-store gross sales rose 5% in 4Q 2021, partly as a result of the housing inventory is growing old and extra annoyed patrons are choosing 30-plus year-old houses.

NEW YORK – The house enchancment increase reveals few indicators of slowing down. Lowe’s instructed shareholders Wednesday its same-store gross sales had been up 5% within the fourth quarter. The corporate additionally raised its gross sales forecast for the 12 months to $99 billion. That was after Residence Depot reported an 8% improve in same-store gross sales the day earlier than.

One large motive for the expansion: a housing inventory

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Russian assault units Ukrainian home-improvement retailer ablaze (satellite tv for pc photograph)

This BlackSky satellite tv for pc picture, collected over Chernihiv, Ukraine, on Feb. 28, 2022 at 12:22 native time (UTC+2), reveals an Epicentr Okay house enchancment warehouse ablaze with scorched fields a couple of hundred meters east following shelling within the space. (Picture credit score: BlackSky)

Personal Earth-observation satellites are serving to the world hold tabs on the Russian invasion of Ukraine.

Sharp-eyed spacecraft operated by Maxar Applied sciences and Planet have documented Russian troop actions and the injury carried out to strategic targets in Ukraine resembling airbases. However the destruction and assaults haven’t been restricted to amenities with

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