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LIRA: Moderate Gains Expected In Home Improvement Market

Moderate gains in homeowner spending for improvements and repairs are expected through much of next year as initial concerns of a possible pandemic-induced downturn have largely dissipated, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Retail
Home Gains Traction As Target Adapts To COVID-19 Pandemic

Target is extending enhanced team member wages and benefits and has provided a business update related to the impact from the COVID-19 pandemic including quarter-to-date comparable sales growth of more than 7%, reflecting a slight decline in stores and a more than over 100% growth in digital channels.

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