Retail

Americans are spending big money on backyard pools

0


The backyard pool has become a big moneymaker.

A combination of factors has been fueling the trend for years. Many Americans are moving to the suburbs, migrating to warmer states and increasingly looking to make their own yards better places to spend time in.

Retailers and distributors such as Leslie’s and Pool Corp. are aiming to conquer the large and growing pool supply market, which offers pretty steady revenues from consumers trying to keep their pool water from turning green.

There are some short-term challenges – including a shortage of chlorine tablets resulting in part from a large fire at a plant in Louisiana that has created a chlorine shortage constricting supply and raising…



Source cnbc.com

Wells Fargo closed your personal line of credit. Now what do you do?

Previous article

Tesla CEO Musk goes to trial Monday on $2.6 billion SolarCity deal

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail