Menards announces Decks & Landscaping Sale
Eau Claire, Wis.-based Menards is advertising a Decks & Landscaping Sale running through April 17.
Retaining block walls are featured on the cover of the retailer’s digital flyer, along with concrete edgers, pavers and patio blocks.
The company is also promoting a 12-ft. by 16-ft. deck with a 10-ft. octagon starting at about $2,179.
AHMA Industry Confidence slips in March
The American Hardware Manufacturers Association’s AHMA Home Improvement Industry Confidence Index’s Current Situation Index declined in March to 200 from 229.2 in February (October 2008 = 100), while the Future Expectations Index also declined to 206.9 from 246.6 a month earlier.
In comparing current sales levels with year-ago levels, 48% of respondents said sales were higher in March versus year-ago levels, down from 55% in February. For March, 28% reported sales were even, and 24% said sales were below year-ago levels.
Looking forward six months, 48% of March respondents said they expect sales to be above current levels, down from 70% in February. In March, 45% of respondents said they expect sales to be even in six months and 7% expect sales to be below current levels.
Looking forward one year, 72% of respondents project sales will be higher, down from 73% who felt that way in February. Twenty-four percent of March respondents project sales will be even one year from now, and 3% project sales will be below current levels.
“March marks the third consecutive month of declining sales, versus year-ago levels, for manufacturers responding to our survey," said Timothy Farrell, president and CEO of the AHMA. "Reports from other associations and government agencies on housing starts and sales have also been declining. Unfortunately, we believe current economic conditions will continue to restrain growth for the home improvement industry for the remainder of 2011 and into 2012.”
Sherwin-Williams super sale commences April 8
Paint giant Sherwin-Williams is promoting a three-day "Super Sale" for April 8 to 10.
The company, which operated 3,390 outlets at the end of its last fiscal year, is attracting consumers with 40% off paints and stains, 30% off painting supplies and 10% off wall coverings during its "3-Day Super Sale."