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Interior design startup Havenly acquires home decor retailer The Citizenry
Online interior design startup Havenly is acquiring artisan home decor startup The Citizenry, the company announced today. The financial terms of the deal were not disclosed. Havenly says the acquisition is part of its efforts to build a collection of home brands that appeal to shoppers. The deal marks Havenly’s third acquisition in two years. Launched in 2014, The Citizenry works with artisans from around the world to produce limited-edition runs of handcrafted home goods. By acquiring The Citizenry, Havenly is expanding its offerings in furniture, textiles and home decor. Havenly CEO Lee Mayer told TechCrunch that the company’s vision is to create a design-first ecosystem “for the rising, digitally…
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Home Depot Vs. Lowe’s: Which Home Improvement Retailer To Own (HD) (LOW)
kate_sept2004/E+ via Getty Images Dear Readers, do note that most of the data here were generated between 22 and 25 December 2022, and the rest from 26 to 30 December 2022. Also, any “Buy” rating in this article is a “Conditional buy” which comes with having certain conditions being met. You will need to assess if an asset is a “buy” based on your expected returns from that asset which is a very personal decision. Happy New Year, everyone! May your 2023 be far better than 2022 in every imaginable way. An Introduction to Home Depot and Lowe’s Anyone familiar with the home improvement scene in the United States will…
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Fast Growing Home Improvements Retailer The Building Center Raising Capital on MicroVentures
Family-owned Kansas building materials business focuses on superior customer experience to expand. MARION, Kan., Dec. 15, 2022 /PRNewswire/ — Whether one is building a structure or a business or anything else worthwhile there is something to be said for pacing oneself. The family management team of The Building Center decided the pace must be fast paced. Nothing else explains multi-million-dollar revenue while doubling the company’s retail footprint and being awarded the title of “Business of the Year 2022” by the Kansas chapter of America’s Small Business Development Center in just five short years. All these rapid-fire achievements are understandable; in the last two years, homeowners spent more time and money on…
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Lowe’s CEO Marvin Ellison says work-from-home and a robust housing market continue to give the home improvement retailer a boost
Consumers may be preparing for spring and summer travel and events but Lowe’s Cos. Chief Executive Marvin Ellison says shoppers will keep spending on their homes. “The home will be forever redefined by the pandemic,” Ellison told MarketWatch on Wednesday after the home improvement retailer LOW, -1.80% reported fiscal first-quarter results. Key among the ways in which the home has shifted during COVID-19 is that for many it doubles as a workspace. He doesn’t see the nation’s workers heading back to the office in the same way they did before the pandemic. “This drives a different kind of home spend that did not occur pre-pandemic,” he said. “That bodes well…
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Popular home furnishings retailer expanding on Main Street in Bethlehem
Those looking to spruce up their homes soon will have more ideas in store when Domaci expands its retail footprint in Center City Bethlehem. Domaci, which means “Home” in Czech, is owned by Warren and Derrick Clark, of Bethlehem. The pair opened their first brick-and-mortar store along Main Street in 2016 — a year after launching an e-commerce operation in 2015. By January 2018, they initially opened a larger location at 21 E. Third St. before shuttering it in summer 2020. In December 2020, the pair returned to their downtown roots, utilizing renovated space at the Myers Building for the 300-square-foot Domaci Market and 300-square-foot Domaci Design Studio at 523…
