Industry Dashboard for Dec. 28
Gas prices climbed above the $3.00 per gallon mark, and the Consumer Confidence Index declined to 52.5. But for the third week in a row, all 10 stocks on the Home Channel Roundup are up over both last year and last month.
Makita returns as Supercross sponsor
Power tool manufacturer Makita will return in 2011 as the official power tool sponsor of Supercross motorcycle racing. The 2011 Supercross season launches on Jan. 8, at Anaheim Stadium in Anaheim, Calif.
In addition to live racing, Makita is the Official Power Tool Sponsor of Major League Soccer (MLS), and the Mexican National Soccer Team (FMF) during their competitive matches in the U.S.
Lowe’s opens in Covina, Calif.
Lowe’s opened a 94,000 square foot store at the Covina (Calif.) Town Square, according to the sgvtribune.com.
The company broke ground on the location about six months ago. The store, which will celebrate an official board cutting at its grand opening Thursday, replaces a Home Depot store that moved down the street.