- New housing starts soared over the summer, but that doesn’t matter much to home improvement retailers like Home Depot and Lowe’s.
- Speaking at Goldman Sachs’ virtual retail conference this week, the CEOs of both companies clarified that their businesses are not dependent on new home construction.
- In fact, Lowe’s CEO Marvin Ellison said that the aging housing stock in the US is good for business.
- “If you’re living in one of those aging homes, it’s going to lend itself to you making those investments to modernize,” he said.
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When it comes to the home improvement business, fixing up an older home is a far more lucrative than building a new one from scratch.
That is at least the case for retailers like Home Depot and Lowe’s. The CEOs of both companies recently made comments during Goldman Sachs’ annual Global Retailing Virtual Conference suggesting
Quality employees are the bedrock of Home Instead Senior Care, and since its founding in 1996, it has worked to build and strengthen its workforce.
Anne Peters bought the franchise, located in Urbandale, in 2008. Home Instead specializes in companionship, chronic disease management, dementia care, plus more.
Peters said it is the company’s culture that attracts top employees — 78 responsible for around 600 seniors yearly. Employees go through a 90-day mentorship program dedicated to their professional growth.
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“We very much have a culture
NEW YORK (AP) — Children who caught the coronavirus at day cares and a day camp spread it to their relatives, according to a new report that underscores that kids can bring the germ home and infect others.