Top Home Improvement Retailer Home Depot hit by Recession

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Top home improvement retailer Home Depot Inc said per-share profit would fall for a third consecutive year in 2009 as the recession and softer U.S. housing market eat into sales.  The company has been hurt as fewer of its customers are buying new homes and spending money on repairs and remodeling. Home Depot posted a net loss of $54 million, or 3 cents a share, for the fourth quarter ended February 1, compared with earnings of $671 million, or 40 cents a share, a year earlier. Home Depot is also cutting 7,000 jobs as it shutters its Expo Design Center chain and trims corporate costs. – Via

home depot Top Home Improvement Retailer Home Depot hit by Recession

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Woolen Lamp by Jessica Nebel

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Remember our 40 of The Most Creative Lamp Designs Ever collection ? Today I’ve found a new really interesting piece that could be placed in this list that is called the Woolen Lamp and is designed by Jessica Nebel. “Wool-light” is a ceiling sculpture which exudes soft light from folds of pure wool, thus promoting a warm atmosphere around it. Revealing a unique structure of shadows within its fluffy tufts it is an invitation to sit back and gaze into the landscape of ever-changing patterns. ”

woollight2 Woolen Lamp by Jessica Nebelwoollight Woolen Lamp by Jessica Nebel

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Coffee Cup Lights

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These decorative coffee cup lights would look good in a coffee shop, or in a place in your home where the coffee is served.  In conclusion if you something that is a little bit more unusual, you can get them for 156.00 € from here. – Via

coffeelight Coffee Cup Lights

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Dragonfly Lounge and Swivel Chair Combination

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Designed by the well knows Karim Rashid, who is already a “celebrity” in the furniture industry, “Dragonfly” is a chaise furniture where a lounge is combined with a swivel chair. This piece of furniture is very good in a small space because it can be adapted to the situation. You can open it fully and have a great place to relax, or fold it and have a swivel chair for your guests. – Via

chaise lounge furniture Dragonfly Lounge and Swivel Chair Combination

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Paper Clip Shaped Heaters by Scirocco

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In these days a heater can become an object of decoration, something that is not just used to generate heat, but also to look good. The Graffe Heaters by Scirocco are made of steel pipe bent into a paper clip shape, that looks very good. The heater is made of steel and available in chrome and in bright colors. Can be placed upright or horizontally, the latter recommended for bathing and thus getting a towel rack in our always warm towel. Finally one thing that might stop you buying it are the prices that are between 590 and 1,190 euros depending on sizes and finishes. – Via

towel warmer Paper Clip Shaped Heaters by Scirocco

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