Christina Lewellen, senior editor of Window & Door
The latest quarterly report
coming from Lowes was not too encouraging. Second-quarter profit was
down 19 percent as consumers continued to take a pass on making
big-ticket purchases. The retailer also slowed its plans for expansion.
Still, some analysts are wondering if there are signs of life in
smaller improvements, especially DIY projects. Lowes CEO Robert Niblock
said, according to a MarketWatch article, that "there are some signs
that a bottoming process in housing is under way as its traffic has
improved in July and into the first half of August, reflecting a
resurgence of do-it-yourself repair and maintenance projects including
interior painting and grill repair jobs."We have talked quite a
bit in the last 18 months about the economic challenges and how things
are going in the marketplace, but this week I was wondering if window
and door companies are seeing increased requests for homeowners who
want to attempt retrofit projects themselves. Certainly, installing a
window is much tougher than painting, but are they willing to attempt
tricky installations to save money? What are you seeing? Email me to share.
The Talk..., Page 2
"Will We See Fewer Windows Per Home?"
Our poll results suggest it's a trend to be wary of, and it's not just evident in the new construction market..read more