Industry Dashboard for Jan. 24, 2011
Housing starts were disappointing when they were released last week. But existing-home sales saw double-digit gains. That mixed message was also delivered by the Home Channel Stock Roundup.
Home Depot expands moving-truck rental pilot
A moving-truck rental deal with Penske Truck Rental has been expanded from its original pilot program in Richmond, Va., to include five Miami, Fla.-area Home Depot stores, according to a report from Dow Jones.
The Atlanta-based retailer has made no announcement regarding the potential roll-out of the pilot program to more stores.
In the Richmond market, Penske offers 12-to-26 ft. long moving trucks to both consumer and commercial customers in Home Depot stores.
Quikrete unveils Zip & Mix Repair Mortar
The trend of making things easy for the do-it-yourselfer is finding a place in Quikrete’s lineup of new products. The company’s Zip & Mix Repair Mortar is a multi-purpose mortar that eliminated the need for a pail.
Consumers simply unzip the package, break the protective seal, add 10 ounces of water to the mortar and knead the package thoroughly. The product is described as easy to sculpt during the application with a 4,500 psi strength when finished.
"We’re seeing pent-up demand and expect repair and remodel projects to increase," said Quikrete’s Frank Owens, VP of marketing.
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May-22-2012 12:39 am