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Industry Dashboard for Sept. 19, 2011

BY HBSDEALER Staff

Stocks on the Home Channel Stock Roundup are all over the map. Elsewhere on the Dashboard, July retail sales are up over last year.

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HIRI Information Summit coming to Chicago

BY HBSDealer Staff

The 2011 HIRI Home Improvement Industry Summit will include a presentation from Port Washington, N.Y.-based NPD Group that intends to identify areas of opportunity for manufacturers and retailers.

The presentation, "Finding Growth in an Uneven Recovery," by NPD Director of Home Improvement Kevin Gilbert, will offer insight into areas of opportunity in the home improvement marketplace for manufacturers and retailers to capitalize on during this uneven economic recovery. The content will primarily be based on HIRI’s proprietary sentiment tracking data with additional information from broader home improvement and home appliance studies, as well as NPD’s Economy Tracker.

Described by HIRI as the "premier conference for information on the industry," the two-day summit will take place Oct. 19-20 at the Holiday Inn Chicago Mart Plaza. 

HIRI is the home improvement industry’s leading source for original research. It is an independent, not-for-profit membership organization comprised of more than 80 forward-thinking companies.

 

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Menards gets green light for Mundelein, Ill., expansion

BY HBSDEALER Staff

According to an article in the Chicago Daily Herald, a Mundelein, Ill., Menards has been given the green light to expand its garden center.

The Mundelein village board approved the plan, which calls for a 63,745-sq.-ft. garden center on the east side of the store, replacing a 14,300-sq.-ft. garden center on the west side. The move, expected to be finished in 2012, would sacrific about 200 parking spaces, according to the article. 

The shopping center, in which the expansion is set to occur, has been losing businesses during the past several years. 

 

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