Hardware Retailing The Industry's Source for Insights and Information
Knowing how you measure up to industry financial averages is crucial to evaluating your business.
To help you benchmark your business and plan for the future, the North American Retail Hardware Association (NRHA) has once again compiled financial data from more than 1,000 independent home improvement stores to complete the 2016 Cost of Doing Business Study. The study is now available.
NRHA has conducted the study annually for 99 years and uses it to provide detailed financial information from hardware stores, home centers and lumber/building material outlets.
The information contained in the report is designed to provide comprehensive, yet straightforward, guidelines for analyzing the profitability of your business.
How to Access the Study
NRHA members, access a PDF version of the study at no charge by logging into NRHA’s website and clicking Cost of Doing Business under the NRHA Studies tab.
Want a hard copy? Visit the NRHA online store through the members-only portion of the website to purchase it at a discounted rate. If you need your member login information, email member services or call 800-772-4424.
Not a member? Sign up or purchase a hard copy of the study through NRHA’s online store.
Did you participate in this year’s study? You will receive a FREE copy of the PDF study in the mail along with a personalized financial analysis. Would you like to participate in next year’s study to receive a free copy? Email Dave Gowan at dgowan@nrha.org.
Additional Resources
In an effort to further explain and help you use the metrics presented throughout the Cost of Doing Business Study, NRHA has created topic-specific resources. Learn more and teach your staff about average transaction size and payroll through retailer case studies, information on best practices and educational videos.
