Wilcon Depot rides on work from home trend to build up sales

Metro Manila (CNN Philippines, September 25) — More Filipinos working from home meant more business for Wilcon Depot, as people embark on home improvement projects amid the pandemic.

Sales have zoomed since the home furnishing one-stop shop reopened after two months of lockdown, its founder and chairman emeritus William Belo disclosed. He is also the 19th richest in the country, according to Forbes.

“Actually, a blessing in disguise with all these lockdowns, people started working from home,” Belo told CNN Philippines’ Rico Hizon. “When you stay at home, you see a lot of things that you need to make changes on or improve. When we started opening again, business really picked up very, very well.”

He said all stores enjoyed a lift in sales ever since.

READ: 90% of employers say working remotely hasn’t hurt productivity

The rebound in sales was good enough for Wilcon to continue building new stores,

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Encaustic Tile – The Home Depot Flooring A-Z

encaustic tile

What’s under your feet (or however you get around) is as important as anything when it comes to home. That’s why this fall, we collaborated with The Home Depot on an A to Z guide that’ll give you the confidence to make flooring choices you’ll love. Check out the A to Z handbook here.

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If you’ve even glanced at social media over the past few years, you’ve seen encaustic tile. Whether in patterned backsplashes, vibrantly-hued showers, and even black-and-white hexagons forming an intricate pattern on a floor, encaustic tile is an old-school flooring darling that’s been around for centuries.

The artistry, which dates back to the Medieval period, uses at least two (and up to six) colors of clay to make up the design and body of the tile. On the flip side, ceramic tile has a pattern which sits on the surface, then is coated in a glaze.

Today,

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Porcelain Tile – The Home Depot Flooring A-Z

porcelain

What’s under your feet (or however you get around) is as important as anything when it comes to home. That’s why this fall, we collaborated with The Home Depot on an A to Z guide that’ll give you the confidence to make flooring choices you’ll love. Check out the A to Z handbook here.

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Beauty and durability can sometimes be at odds when it comes to interiors. Heirloom wool armchairs with hand-embroidered peacocks? Beautiful, but easily damaged. Rubber workout tiles in your basement home gym? They get the job done, but not exactly what you’d put in the living room. Finding that rara avis of product design that combines pretty with practical is thrilling, and porcelain tile is both.

Made from a finer, denser clay, and fired at a higher temperature, porcelain is naturally harder and less porous than other kinds of ceramic tiles. This makes it ideal for sinks

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DIY Home Gym Floor – The Home Depot Flooring A-Z

weights

What’s under your feet (or however you get around) is as important as anything when it comes to home. That’s why this fall, we collaborated with The Home Depot on an A to Z guide that’ll give you the confidence to make flooring choices you’ll love. Check out the A to Z handbook here.

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If you’ve ever accidentally roundhouse-kicked a floor lamp while following along with an exercise video or dropped a hand-weight on your kitchen tile, you know how difficult it is to work out at home without a designated space. When you’re ready to carve out space for your own home exercise room, installing the proper flooring is critical for both your physical health and the longevity of your freshly-created workout zone.

Before getting started, think about which area of your home is the most conducive to becoming a gym. Look for spaces that are potentially underutilized—like

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Home Depot May Take Over Bed Bath & Beyond UES Store

731 Lexington Avenue and 410 East 61st Street (inset) with Vornado's Steve Roth (Googel Maps; VNO)

731 Lexington Avenue and 410 East 61st Street (inset) with Vornado’s Steve Roth (Googel Maps; VNO)

Big-box retailers are playing musical stores on the Upper East Side.

Home Depot, which currently leases nearly 80,000 square feet at Vornado Realty Trust’s 731 Lexington Avenue, may be moving to a bigger spot in the neighborhood.

The home improvement store is on its way to taking over the more than 90,000-square-foot space Bed Bath & Beyond currently occupies at 410 East 61st Street, sources told The Real Deal. The retail condo and garage is owned by Gazit Horizons, whose president and CEO Jeff Mooallem declined comment through a spokeswoman. The deal is reportedly close to completion, with Ripco representing Home Depot.

This week, Bed Bath & Beyond announced it would shutter that location by December as part of its larger plan to close 200 stores throughout the U.S.

It’s unclear what tenant

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Home Depot Looks Overvalued After 80% Gains

After an 80% rise since the March lows of this year, at the current price of around $270 per share, we believe Home Depot’s stock (NYSE: HD) has reached its near term potential. The home improvement retailer has seen its stock outperform through the coronavirus crisis, rising by almost 27% year-to-date (compared to a 2% growth in the S&P), benefiting from the stay-at-home bump. Home Depot’s stock is already about 54% higher than it was at the end of 2017. Our dashboard, What Factors Drove 54% Change in Home Depot Stock Between 2017 and Now?, provides the key numbers behind our thinking, and we explain more below.

Some of this growth over the last

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Attractive entry point called out on Home Depot by Wells Fargo (NYSE:HD)

Wells Fargo reports back on virtual investor meetings held with Home Depot (NYSE:HD) CFO Richard McPhail and other execs.

The firm says the talks reinforced its view that recent tailwinds appear sustainable, 1H margin headwinds can improve, and outsized share gains can continue via enhanced Pro offerings, category initiatives and expanding supply chain capabilities.

“With sustainability questions and tough FY21 compares entering the narrative, we continue to view the home improvement category among the highest quality in retail, and with HD shares – 10% off recent highs (-7% SPX), we see an attractive entry point. In our view, recent share gains can accelerate (vs. fragmented, underinvested competition), macro/housing remains robust (turnover, rates, etc.), and de-urbanization and wallet share shifts remain incremental.”

For investors, the math still works out for snapping up shares, per the WF analyst team.

“At 22x, we see an entry point. HD’s NTM P/E shed 2.5x turns

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Home Depot announces Black Friday deals to last two months

In recent years, retailers have competed to move their Black Friday sales, and the entire holiday shopping season, earlier on the calendar. COVID-19 is only speeding up that trend.

Home Depot is looking to enhance the frenzied shopping bonanza that happens every year the day after Thanksgiving by announcing this week that its holiday pricing will start in November and run through December.

Rather than Black Friday deals being limited to one day of the season, holiday sale prices will instead be extended for the entire two-month stretch both in stores and online, according to Home Depot. On the company’s mobile app, customers will also be able to see the deals next month before lower prices are in play online, it added.

Closed for Thanksgiving

The home-improvement chain is also sticking with its practice of closing its stores on Thanksgiving Day, so that “associates and customers can enjoy important time

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Home Improvement Products Market In-Depth Analysis including key players Home Depot, LoweaEUR(TM)s, Inside Tweedy and Popp Hardware

The MarketWatch News Department was not involved in the creation of this content.

Sep 22, 2020 (Market Insight Reports) —

JCMR Recently announced Global Home Improvement Products Market Report is an objective and in-depth study of the current state aimed at the major drivers, market strategies, and key players growth. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a universal and local scale. The structured analysis contains graphical as well as a diagrammatic representation of worldwide Home Improvement Products Market with its specific geographical regions including following key players Home Depot, LoweaEUR(TM)s, Inside Tweedy and Popp Hardware, Ace Hardware, Rona, Canadian Tire, Homebase, Wickes, Bauhaus, Bricostore, Praxis, Alibaba, EBay, Amazon, Bunnings Warehouse , .

[Due to the pandemic, we have included a special section on the Impact of

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Lowe’s and Home Depot Crushed Earnings: Can They Keep It Up Long-Term?

The home improvement industry benefited over the past few months while people stayed home and spent their stimulus checks on home improvement projects. According to the U.S. Department of Labor, categories like home furnishings and gardening saw gains starting in May. Two of the winners here were Lowe’s (NYSE:LOW) and Home Depot (NYSE:HD), rival home improvement chains that dot the American landscape.

Both of these companies have put tremendous amounts of resources into restructuring and becoming agile businesses that are in line with current digital trends. Both companies saw surging demand in the first half of 2020, and they delivered (physically and figuratively). But will these trends remain long term? And how will they affect the companies’ stocks?

Ready for this moment

As difficult as the pandemic has been for so many businesses and individuals, technology has eased the pain. Customers don’t have to leave their homes when Amazon

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