Monthly Archive

You are currently perusing the March, 2007 archive.

Eye-opening doors

March 31st, 2007

Everett Herald - D oors are often an afterthought in the world of home improvement. By the time you’ve decided on a room’s flooring, paint colors, lighting, window treatments and furniture, you may be out of remodeling energy. But front, back and interior doors are Continue reading

Philadelphia Enquirer - ATLANTA - The Home Depot Inc., the world’s largest home improvement store chain, will continue to reimburse former Chief Executive Bob Nardelli for the next three years for the premiums on $55.3 million in life insurance he’s been carrying, a Continue reading

Chillico Gazette - The doors of the Urgent Care EMS branch in Ross County closed Friday after workers learned earlier in the week the building they were renting had been set for demolition. The building will be torn down to make way for a Menards store, which will Continue reading

Herald Tribune - Home-improvement stores and retailers selling to people in the subprime borrowers’ income bracket may feel the biggest pinch. “If you are a subprime borrower and your home is repossessed as thousands have been, you aren’t going to be buying at Home Continue reading

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Out of the House 

March 31st, 2007

GARDEN Friends of Boerner Botanical Gardens: Children’s class:… …read more

A sweet Josh Groban ballad was playing in the home improvement store. …read more

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Beds in the Back Yard

March 31st, 2007

Washington Post - We are coming off of probably the biggest home improvement surge in our history,” says Kermit Baker, the institute’s chief economist. “Land costs have been rising so rapidly . . . consumers want to invest more in their property.” Trend forecasters More details

Boston Globe - revised takeover bid from Stefano Pessina, the company’s deputy chairman, and Kohlberg Kravis Roberts worth 1,040 pence a share. The new offer is above a bid of 1,000 pence a share that the chain earlier rejected. Also, shares in home-improvement More details

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Wal-Mart to expand its Princeton store 

March 31st, 2007

The Wal-Mart store at 2700 W. Broadway (Indiana Highway 64) in Princeton, Ind., soon will receive a major expansion. …continued

In a 10-K filing with the Securities and Exchange Commission, The Home Depot Inc. revealed it will reimburse former Chairman and CEO Bob Nardelli $55.3 million for life insurance coverage for the next three years, will pay up to $1.3 million of his personal taxes for the insurance and will pay $50,000 to cover legal fees for negotiations over his $210 million severance package. …continued

March 30 (Bloomberg) — European stocks fell before a U.S. government report that may show personal spending in the world’s biggest economy slowed last month. …continued

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a home

March 30th, 2007

Nashua Telegraph - space, according to a survey done last year by the American Institute of Architects, with two-thirds of architects reporting an increase in demand for outdoor kitchens, patios and decks. We are coming off of probably the biggest home improvement Read more

Birmingham Post - B&Q owner Kingfisher has predicted a brighter outlook for the home improvement market, despite seeing profits fall for the second successive year. Kingfisher, Europe’s largest home improvement retailer, yesterday posted pre tax profits of 396.6 Read more

MSN MoneyCentral - Master Lock, the No. 1 brand in padlocks and other security products, will sell, market, and distribute the new Master Lock smartTOUCH Garage Door Opener nationally through home improvement retailers. Steve Hedlund, Vice President of Growth Read more

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Retail Stocks For A Legendary Investor Buy List

March 30th, 2007

Forbes - One of these is the nation’s second largest retailer, Home Depot (nyse: HD - news - people ), the home improvement giant. Its yield-adjusted P/E/G ratio (P/E relative to growth) is a desirable 0.77, making it a favorite of the continued

PR.com - The Home Improvement Research Institute (HIRI) states, Many persons in the home improvement industry have long suspected that above average levels of home improvement activity occur just prior to the sale of a previously owned home as it gets continued

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WE’LL FIX PROFIT SLUMP

March 30th, 2007

Daily Record - While trading conditions for our biggest businesses continue to be challenging, the longer-term outlook remains positive for home improvement retailing.” Kingfisher’s UK operations, which also include Trade Depot and online DIY supplier Screwfix, saw details

Hickory Daily Record - Bryan Norris, owner of Backstreets Bar and Grill, talks about the new Lowe’s Home Improvement store under construction adjacent to his business. HICKORY - The parking lot is paved. Entrance signs, stonework and landscaping are complete. Crews are details

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DIY retailer Kingfisher sees profits soar 

March 30th, 2007

Kingfisher, the biggest European home-improvements retailer, said on Thursday that annual net profit more than doubled in 2006 after a recovery at its B&Q stores in Britain. …read more

LONDON (AFX) - 3i Group PLC, the UK private equity group, said it will return 800 mln stg to shareholders, reflecting strong returns from sales. …read more

508-829-5273 Call for an appointment to discuss your home improvement project. MA Lic.#051052 Insured MA Reg.#106701 David Lindberg …read more

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Addressing day laborers

March 29th, 2007

San Gabriel Valley Tribune - LOCAL cities did not create the problem of day laborers who clog sidewalks, annoy retail customers and flag down cars near home improvement centers. But they must deal with the safety and harassment issues, nonetheless. Which is exactly More

Forbes - Lowe’s Cos. , one of the nation’s largest home improvement chains, said Tuesday it declared a quarterly cash dividend of 5 cents per share. The dividend will be paid on May 4 to shareholders of record as of April 20 More

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Retail Stocks For A Legendary Investor Buy List

March 29th, 2007

Forbes - One of these is the nation’s second largest retailer, Home Depot (nyse: HD - news - people ), the home improvement giant. Its yield-adjusted P/E/G ratio (P/E relative to growth) is a desirable 0.77, making it a favorite of the More details

My West Texas - Store Director Richard Garner said Browning Construction of San Antonio will start work immediately on the east side to give shoppers “more elbow room” and add a “Cook & Grill” section along with healthy living, home improvement and specialty wine More details

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