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☆ Kristin Harmel Helped Build the Village That Sustained Her
▼ + stars: | 2023-06-22 | by ( Elisabeth Egan | ) www.nytimes.com time to read: +1 min

In March 2020, Kristin Harmel was gearing up for the paperback publication of her 11th novel, “The Winemaker’s Wife.” Then the world came to a grinding halt (and many of us who aren’t married to a winemaker wished we were). “We called it our Oh Hey Rosé Zoom,” she said in an audio-only interview. “We all had a glass of wine and got on the Zoom together.”On April 15, 2020, Harmel and a handful of those novelists hosted a Facebook Live for their fans. “This community we thought was going to be a few hundred people has now grown to 170,000 members,” Harmel said. By the time I woke up the next morning, I think there were at least 2,000 comments and probably 700 or 800 emails in my inbox.”

Persons: Kristin Harmel, aren’t, ”, “, Mary Kay Andrews, Andrews, Kristy Woodson Harvey, Patti Callahan Henry, ” Harmel Organizations: Facebook

☆ Being CMO at Indeed is truly my dream job, and it's highly complex. Here are some of the ways I keep myself and my team on track
▼ + stars: | 2023-06-20 | by ( ) www.businessinsider.com time to read: +7 min

After a weird and winding career path, I finally landed my dream job as chief marketing officer at Indeed. The CMO role is demanding and requires that I stay on top of current events, technology, and our business needs. After running product marketing for a division of Apple, I moved on to lead various parts of B2B marketing for Facebook. Now I have my dream job; I'm CMO of Indeed, a leading matching and hiring platform. Our mission is to help people get jobs – and we do that all day, every day.

Persons: Roe, Wade Organizations: Apple, Facebook, Get, CMO Locations: North America, Covid, CFOs

☆ Boris Johnson: UK Parliament approves report that Boris Johnson misled parliament
▼ + stars: | 2023-06-19 | by ( Luke Mcgee | ) edition.cnn.com time to read: +2 min

London CNN —The UK parliament has voted to uphold a finding that Boris Johnson knowingly misled lawmakers when he said that Covid lockdown rules had been followed at all times in Downing Street while he was prime minister. The House of Commons Privileges Committee report, published last week, found that Johnson “committed a serious contempt” of parliament when he told lawmakers that rules were followed, despite revelations of illegal parties in Downing Street during a national lockdown. Many people working inside Downing Street, including Johnson and current Prime Minister Rishi Sunak, were fined by police. Not only did the committee report that Johnson had knowingly misled parliament, they also said that in giving evidence to their inquiry he had continued to misled the committee itself when he was giving evidence in his defense. Johnson would have been sanctioned with a lengthy ban from parliament and denied a pass to access the building, a right afforded to former members of parliament.

Persons: Boris Johnson, Johnson “, Johnson, Rishi Sunak, Sunak, Liz Truss Organizations: London CNN, Conservative Party Locations: Downing

☆ Goldman joins Wall Street banks in cutting China's growth outlook as post-Covid bounce fades
▼ + stars: | 2023-06-19 | by ( Jihye Lee | ) www.cnbc.com time to read: +3 min

(Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty ImagesGoldman Sachs became the latest Wall Street bank to downgrade its growth forecast for China, as the world's second-largest economy stutters and loses momentum after its coronavirus reopening. "With the reopening boost quickly fading, medium-term challenges such as demographics, the multi-year property downturn, local government implicit debt problems, and geopolitical tensions may start to become more important in China's growth outlook," they said. Stock Chart Icon Stock chart iconUBS also sees continued weakness in China's economy ahead, particularly focusing on the second quarter of the year. Wang noted that uncertainty in China's property sector remains a central risk to its forecast and could bring its growth outlook even lower. "Risks to our forecast is slightly biased towards the downside, mainly from uncertainties in property market and path of property policy support ahead, as well as weaker external demand," she said.

Persons: Goldman Sachs, Chief China Economist Hui Shan, Wang Tao, Wang Organizations: Getty, Nurphoto, Chief China Economist, UBS, Bank of America, JPMorgan, U.S, People's Bank of, Federal, UBS Investment Bank's Locations: Nanjing, East China's Jiangsu Province, China, People's Bank of China, saar

☆ Former PM Cameron says Britain was prepared for flu-like pandemic rather than COVID
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 19 (Reuters) - Former prime minister David Cameron told an inquiry on Monday that Britain was prepared for a flu-type pandemic but not enough work was done in advance to confront an asymptomatic disease similar to COVID-19. Britain is holding an inquiry into the handling of the COVID-19 pandemic after Britain recorded one of the world's highest death tolls. It could prove a headache for Prime Minister Rishi Sunak, who was finance minister during the pandemic and faces an election expected next year. "When you think: what would be different if more time had been spent on a high-infectious asymptomatic pandemic, different recommendations would've been made about what was necessary to prepare for." Cameron's finance minister George Osborne will testify on Tuesday while Jeremy Hunt, the current finance minister and health minister under Cameron, will give evidence on Wednesday.

Persons: David Cameron, Hugo Keith, Rishi Sunak, Cameron, COVID, would've, George Osborne, Jeremy Hunt, Alistair Smout, Angus MacSwan Organizations: Thomson Locations: Britain

Gen Zers' and millennials' attitudes often contrasted with those of boomers, the survey found. Many Gen Zers and millennials are delaying making financial plans because they're time-consuming and complicated, a survey has found. More than a quarter of the Gen Zers and millennials that were surveyed said it seemed "too complicated to create one. Gen Zers have had to navigate graduating from high school and college via Zoom before entering an unsteady jobs market. Comparisons with their friends and family influence how Gen Zers and millennials perceive their wealth, Charles Schwab's report found.

Persons: Charles Schwab, Gen Zers, Zers, Z, Credit Karma, –, Charles Schwab's, hadn't, Gen Organizations: Logica Research, Credit, of America Research, US

☆ 'Terrible': UK minister sorry for COVID lockdown party video
▼ + stars: | 2023-06-18 | by ( Michael Holden | ) www.reuters.com time to read: +3 min

LONDON, June 18 (Reuters) - Senior British minister Michael Gove on Sunday described a video showing a party at the ruling Conservative Party's headquarters during a lockdown in 2020 as "terrible", as COVID rule-breaking gatherings continue to hang over the government. The video was published by the Mirror newspaper just days after a parliamentary committee ruled that former Prime Minister Boris Johnson had wilfully misled lawmakers about rule-breaking lockdown parties at his office. "It's terrible," Gove, the housing minister, told Sky News. The issue of rule-breaking during COVID lockdowns helped bring down Johnson, who left office last year, and still hangs over the Conservatives and current Prime Minister Rishi Sunak. Polls suggest the Conservatives, in power since 2010, are trailing the opposition Labour party by about 20% percentage points.

Persons: Michael Gove, Conservative Party's, Boris Johnson, Johnson, Gove, COVID lockdowns, Rishi Sunak, JOHNSON, Sunak, Michael Holden, Mark Heinrich, Sharon Singleton Organizations: Senior, Conservative, Mirror, Sky News, Conservatives, Labour, Bank of, Thomson Locations: Senior British, London, COVID

☆ Opinion: Why I flew to Jamaica to take magic mushrooms … on camera
▼ + stars: | 2023-06-17 | by ( David Culver | ) edition.cnn.com time to read: +12 min

This was not how I envisioned taking magic mushrooms, especially considering there were no actual mushrooms. Partaking in a therapeutic, mind-altering journey through the consumption of magic mushrooms, so long as there might be value found in experiencing a trip on camera, seemed worth it. I started to think that I was among the few who may not experience any psychoactive reaction to mushrooms. Similar to the first one, all the retreat participants sat in a circle on chairs and couches under a covered porch with a view of the sea. The facilitators — those tasked with assessing our dosages and administering the psilocybin — handed us mugs with ground mushrooms already mixed in.

Persons: David Culver, CNN —, There’s, It’s, “, —, ”, ” “, Johanna Buitrón, Jason Moss, Johanna, Jason, ” Johanna, Wendy, who’d, it’s, Anderson Cooper Organizations: CNN, Twitter Locations: Oregon, Colorado, Wuhan, China, Shanghai, Mexico, Jamaica, Ecuador, Los Angeles, South Carolina, China’s

☆ The Main Covid Lockdown Casualties: Children
▼ + stars: | 2023-06-16 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/cdc-report-lockdowns-crime-suicide-covid-pandemic-28365642

Persons: Dow Jones

☆ Tesla's China expansion hits speed bump amid industry overcapacity
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +5 min

"You could argue that as Tesla, I've got new products, I need to have a new factory to build them in," he said. "But viewed from the China government's point of view, all they see is a market that's oversupplied." Construction of Tesla's Shanghai plant took less than a year to complete after it broke ground on the site in 2019. U.S. luxury EV maker Lucid Group (LCID.O) is also keen to make cars in China but has been advised that the possibility was low, industry sources said. "China needed Tesla to open the market for retail consumers, but Tesla needs China, because the supply chain benefits of being here and the competitive bar that's set here makes Tesla a more competitive company globally.

Persons: Tesla, Bill Russo, I've, Elon Musk, Ding Xuexiang, Musk, it's, Dan Ives, EVs, Nio, Xiaomi, Automobility's Russo, Zhang Yan, Brenda Goh, Jamie Freed Organizations: National Development, Reform Commission, Tesla, Wedbush Securities, Reuters, HK, Lucid, Thomson Locations: China, SHANGHAI, Shanghai, Beijing, CHINA, United States, Southeast Asia, Canada, India, South Korea, Indonesia

June 16 (Reuters) - German bus services firm Flix, owner of the Greyhound brand in North America and FlixBus in Europe, has stepped up preparations for a possible stock-market listing, two sources familiar with the matter told Reuters. Flix has invited investment banks to pitch to manage its share sale in recent weeks, said the sources, who spoke on the condition of anonymity. U.S. corporate finance house Evercore (EVR.N) is advising Flix on the process, the sources said. Flix, set up in 2011 by three entrepreneurs in Munich to try to make bus travel cheap, runs bus and train services across 40 countries. So far this year, only one stock market listing has taken place in Germany, raising $479 million, according to Refinitiv data.

Persons: Flix, Evercore, IONOS, WE, Hidroelectrica, Emma, Victoria Farr, Pablo Mayo Cerqueiro, John O'Donnell, Barbara Lewis Organizations: Greyhound, Reuters, Atlantic, Thomson Locations: North America, Europe, Germany, Ukraine, Munich, Permira, BlackRock, London

☆ Ethics body accuses UK's Johnson of new breach for taking newspaper job without vetting
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +3 min

LONDON, June 16 (Reuters) - Former British Prime Minister Boris Johnson, who quit parliament last week over a finding that he misled lawmakers about COVID lockdown parties, was accused on Friday of a new breach for taking a newspaper columnist job without waiting for required ethics vetting. He called it a "political assassination", in a blistering resignation statement in which he also appeared to take swipes at Prime Minister Rishi Sunak. Ministers and civil servants who leave office are required to consult an ethics body, the Advisory Committee on Business Appointments (ACOBA), before taking up new jobs. ACOBA has no enforcement powers, but a new breach of rules could make it harder for Johnson to mount a political comeback. Johnson started his working life in journalism, sacked by the Times newspaper for making up a quote.

Persons: Boris Johnson, Rishi Sunak, Johnson, ACOBA, Elizabeth Piper, Alistair Smout, Peter Graff Organizations: British, Conservative Party, Conservative, Daily Mail, Business, Times, Daily Telegraph, Spectator, Thomson Locations: Westminster, Brussels, Union

☆ Making Art Out of Bombshells and Memories in Vietnam
▼ + stars: | 2023-06-16 | by ( Frank Rose | ) www.nytimes.com time to read: +1 min

“It’s important to me to find my way through the world in relation to others,” Nguyen told me. Irvine, he was one of several art students mentored by Martinez who called themselves the Renegades. At CalArts, he worked with the Danish art collective Superflex. At this point in his career, Martinez suggested when I phoned him, they may have been doing him a favor. Much of the country went on lockdown in 2021, but for parts of that year you could still travel domestically.

Persons: ”, Vivian Crockett, Crockett —, —, ” Nguyen, Martinez, Phunam Thuc Ha, Matt Lucero, “ I’ve, ” Martinez, Nguyen, speck, He’d Organizations: New Museum show’s, Renegades, CalArts, Propeller Group Locations: Brazilian, New York, American, U.C, Irvine, Danish, Malaysia, Quang Tri

☆ Trump and Johnson Were Accused of Breaking Rules. One Lost Party Support.
▼ + stars: | 2023-06-15 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

An angry, aggrieved former leader attacks the institutions he once led for accusing him of flouting the rules and lying about it. And yet, Britain’s Conservative Party has regularly stood up to Mr. Johnson while the Republican Party is still mostly in thrall to Mr. Trump. On Monday, the House of Commons will vote on whether to accept or reject the committee’s findings. The government said it would not pressure Tory lawmakers to vote one way or the other. That sets up a potential repudiation of Mr. Johnson by his party that could go far beyond the token number of Republican lawmakers in the House of Representatives who voted to impeach Mr. Trump in 2019 and 2021.

Persons: Donald J, Trump, Boris Johnson, Johnson, thrall, Johnson’s, preemptively, Mr Organizations: Britain’s Conservative Party, Republican Party, Conservative Locations: Britain, United States, Downing

☆ Factbox: UK Privileges Committee's findings about Boris Johnson
▼ + stars: | 2023-06-15 | by ( Andrew Macaskill | ) www.reuters.com time to read: +5 min

He has accused the privileges committee, a parliamentary standards body that has investigated Johnson, of mounting a "witch-hunt" and behaving like a "kangaroo court". The former prime minister said it was a lie to say he deliberately misled parliament and called the report a charade. Below are the main findings from the report into Johnson's behaviour:JOHNSON DELIBERATELY MISLED PARLIAMENTThe committee offered a damning verdict on Johnson's honesty and conduct, concluding that he had deliberately and repeatedly misled parliament. JOHNSON WOULD HAVE FACED 90-DAY SUSPENSION FROM PARLIAMENTThe Committee said it would have recommended a suspension of three months from the House of Commons for Johnson if he had not resigned. FIVE WAYS JOHNSON COMMITTED CONTEMPTS OF PARLIAMENTThe committee found that Johnson had committed five contempts of parliament.

Persons: Boris Johnson, Johnson, JOHNSON, CONTEMPTS, Mr Johnson, Scottish National Party –, Andrew MacAskill, William James, Angus MacSwan, Toby Chopra Organizations: CONTEMPTS OF, BE, PASS, Labour, Scottish National Party, Thomson Locations: British, COVID, Downing Street, Downing, Chequers

☆ Ex-PM Boris Johnson deliberately misled UK parliament over parties during Covid, committee rules
▼ + stars: | 2023-06-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

A U.K. parliamentary committee has found that former U.K. prime minister Boris Johnson intentionally misled parliament over illegal Covid-19 lockdown parties held during his tenure. Former U.K. prime minister Boris Johnson intentionally misled parliament over illegal Covid-19 lockdown parties held during his tenure, a parliamentary committee said Thursday, describing it as a "serious contempt." "We conclude that in deliberately misleading the House, Mr Johnson committed a serious contempt," the findings of the cross-party committee showed. "There is no precedent for a Prime Minister having been found to have deliberately misled the House," it added. It also said that, if Johnson were still a member of parliament, he should be suspended from the House for 90 days.

Persons: Boris Johnson, Johnson, Mr Johnson Organizations: Conservative Party, Labour Party, Conservative

☆ Boris Johnson Misled Parliament Over Covid Lockdown Parties, Report Says
▼ + stars: | 2023-06-15 | by ( Stephen Castle | ) www.nytimes.com time to read: +1 min

Boris Johnson misled British lawmakers over lockdown-breaking parties in Downing Street, the residence and office of the prime minister, during the Covid-19 pandemic, a powerful committee concluded on Thursday, releasing publicly the findings that prompted Mr. Johnson’s angry resignation from Parliament last week. The lengthy document, produced by the House of Commons privileges committee, offered a damning verdict on Mr. Johnson’s conduct, honesty and integrity, concluding that his conduct was deliberate and that he had committed “a serious contempt” of the House. “We came to the view that some of Mr. Johnson’s denials and explanations were so disingenuous that they were by their very nature deliberate attempts to mislead the Committee and the House, while others demonstrated deliberation because of the frequency with which he closed his mind to the truth,” the report said. Mr. Johnson was sent a draft of the report last week and promptly resigned from the House of Commons, characterizing the committee investigating him as a “kangaroo court” bent on a politically motivated witch hunt against him. In fact, most of its members are from the Conservative Party, which Mr. Johnson led until last year, and two are prominent supporters of Brexit, his flagship policy.

Persons: Boris Johnson, Johnson’s, “, Johnson, Brexit Organizations: Conservative Party Locations: Downing

☆ UK's Boris Johnson and the 'partygate' scandal
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +5 min

10 Downing Street, in December 2020, when such gatherings were banned. Dec. 1 - Johnson, asked about a December 2020 party, tells parliament: "All guidance was followed completely in No. Dec. 8 - Johnson tells parliament: "I have been repeatedly assured since these allegations emerged that there was no party and that no COVID rules were broken." May 19 - The police hand out 126 fines relating to eight dates when events were held at Downing Street and the Cabinet Office. March 22 - In a combative public hearing, Johnson tells the committee that "hand on heart" he did not lie to parliament.

Persons: Boris Johnson, Johnson, Queen Elizabeth, Prince Philip's, Sue Gray, Carrie, Rishi Sunak, Gray, Sachin Ravikumar, Kylie MacLellan, William James, Andrew MacAskill, Gareth Jones, Frank Jack Daniel Our Organizations: ITV, Downing Street, Police, Privileges, Downing, Conservative, Thomson Locations: Downing

The findings amount to a historic admonishment of a former prime minister, who won a landslide electoral victory less than four years ago but saw his political career collapse amid a series of scandals. The committee dismissed Johnson's argument that he didn't know he was breaking his lockdown rules during the events. Johnson, in his own response to the report, called its publication a “dreadful day for democracy.”“This report is a charade. The former PM’s departure from the House of Commons is not necessarily good news for Sunak, whom Johnson criticized in his resignation statement. Johnson has always been an influential figure among Conservative voters, whether inside or outside of parliament.

Persons: Boris Johnson, Johnson “, Johnson, ” “, Johnson’s Conservative Party –, Rishi Sunak, Mr Johnson …, ”, Liz Truss, Sunak Organizations: London CNN — Former British, Downing, Johnson’s Conservative Party, Commons, Conservative Locations: Downing Street

☆ China slashes interest rates and mulls big stimulus package in bid to revive slowing economy
▼ + stars: | 2023-06-13 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

China just slashed short-term interest rates in its economy to 1.9%. Meanwhile, the government is mulling a big stimulus package to prop up key sectors. Short-term interest rates in China were cut to 1.9% from 2% on Tuesday, according to an announcement from the People's Bank of China, marking the first rate cut from China's central bank since August of last year. China's government, meanwhile, is mulling a hefty economic stimulus package, Bloomberg reported, citing people familiar with the matter. That makes the narrative that China will undergo a huge economic rebound is merely a "charade," according to Rockefeller International chair Ruchir Sharma.

Persons: —, Yi Gang, Ruchir Sharma, Desmond Lachman Organizations: Service, People's Bank of, Bloomberg, uts, Rockefeller International, International Monetary Fund Locations: China, People's Bank of China

☆ China records fewest marriages in more than three decades as population crisis looms
▼ + stars: | 2023-06-12 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +5 min

Some 6.83 million couples married in 2022, according to data released by China’s Ministry of Civil Affairs on Friday. That’s down around 10.5% from the 7.63 million marriage registrations in 2021 and marks a record low since 1986, when the ministry began releasing statistics, according to state media. Chinese officials see a direct link between fewer marriages and falling births in the country, where social norms and government regulations make it challenging for unmarried couples to have children. Efforts from Chinese officials in recent years to reverse trends of falling marriages and births have yet to see results amid the looming economic and social issues at play. The Ministry of Civil Affairs’ recent data release also showed a slight fall in divorce registrations, with 2.1 million couples divorced in 2022, down from 2.13 million couples the previous year.

Persons: That’s, – Organizations: Hong Kong CNN, China’s Ministry of Civil Affairs, Communist, United Nations, Authorities, Communist Party, Communist Youth League, China Family Planning, Ministry, Civil Affairs, China isn’t Locations: Hong Kong, China, Beijing, Communist China, India, Japan, South Korea

☆ I made $205,000 in revenue in 4 months and landed brand deals with Lululemon. Here's how I turned my fitness side hustle into multiple income streams.
▼ + stars: | 2023-06-12 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

I decided to try launching a fitness business but stayed in my job for the time being. I spent the bulk of the money I'd saved hiring a video team to film 11 workout videos. In 2016, I asked Fabletics if I could film workout videos for them in their apparel. I wore the leggings in my YouTube videos and posted the link in the description. People started asking for more YouTube videos, so now we have an option for customers to pay $5.99 for additional workout videos and behind-the-scenes videos.

Persons: Lindsey Bomgren, Bomgren, I've, I'd, there'd, Fabletics, didn't Organizations: Google, YouTube, Lululemon Locations: Minneapolis, AdSense

☆ UK minister: 'The world has moved on' from Boris Johnson
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 11 (Reuters) - The world has moved on from former British prime minister Boris Johnson and the governing Conservative Party and the rest of the country do not miss the drama of his period in office, energy minister Grant Shapps said on Sunday. Asked about criticism from Johnson and his allies that he was forced out, Shapps told Sky News: "The world has moved on. "I really like Boris and I worked very closely with him," Shapps told BBC TV. He also took aim at current Prime Minister Rishi Sunak. "I think Boris Johnson feels that there is an opportunity for him now to go off and lick his wounds, but also seize new opportunities."

Persons: Boris Johnson, Grant Shapps, Johnson, Shapps, Boris, Harri, Rishi Sunak, Kylie MacLellan, Jason Neely Organizations: Conservative Party, Sky News, BBC, Thomson Locations: Downing, Britain

☆ Boris Johnson's shock exit reverberates through British ruling party
▼ + stars: | 2023-06-10 | by ( Andy Bruce | ) www.reuters.com time to read: +4 min

[1/2] Former British Prime Minister Boris Johnson walks at the parliament in London, Britain, March 22, 2023. He also took aim at current Prime Minister Rishi Sunak. lawmaker Andrea Jenkyns wrote in a Conservative Party WhatsApp group, according to a screenshot shared by a Sky News reporter. Ed Davey, leader of the Liberal Democrats opposition party, said Johnson jumped before he was pushed. "He was never fit to be an MP let alone Prime Minister of our great country," Davey said.

Persons: Boris Johnson, Peter Nicholls, Boris Johnson's, Johnson, Rishi Sunak, Rishi, Andrea Jenkyns, Jenkyns, Dame, Boris, John Redwood, Johnson's, Henry Hill, Hill, Nadine Dorries, Angela Rayner, They've, Ed Davey, Davey, Andy Bruce, Mike Harrison, Frances Kerry Organizations: British, REUTERS, Peter Nicholls LONDON, Conservative Party, Labour Party, Conservative, Conservative Party WhatsApp, Sky News, BBC, Sunak's, Liberal Democrats, Thomson Locations: London, Britain, Downing, Brexit

☆ Candles, clocks and throw pillows: 3 charts show how Home Depot and Lowe’s pivoted to “soft-DIY”
▼ + stars: | 2023-06-10 | by ( Christopher Hickey | ) edition.cnn.com time to read: +6 min

The SEC data analyzed by CNN shows that home decor sales have doubled at both Home Depot and Lowe’s in that time period. By 2022, decor products accounted for 5.4% of Lowe’s sales – more than the tools, building materials, flooring or hardware categories. In 2019, year-over-year net sales at Home Depot and Lowe’s grew by roughly 2% and 1%, respectively. In 2020, Home Depot sales grew by nearly 20%, while Lowe’s saw sales jump by roughly 24%. While still primarily home improvement retailers, expanding into home decor was simply a logical opportunity for Home Depot and Lowe’s, Saunders said — especially online.

Persons: Neil Saunders, ”, it’s, ” Lowe’s, Lowe’s, Saunders, Barbara Kahn, they’re, ” Khan, “ They’re, Ted Decker, won’t, ” Saunders Organizations: CNN, SEC, Global, Home, Depot, Home Depot, ”, University of Pennsylvania’s Wharton School, Advance, US Census Bureau Locations: Lowe’s

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