Thousands of attendees gathered for the National Hardware Show® on May 9 to participate in one of the largest events in the home improvement industry. The show kicked off at the North American Retail Hardware Association (NRHA) Village in the Las …
Read More »Kate Klein
Young Retailers Reflect on Value of Independents
The North American Retail Hardware Association (NRHA) honored eight young retailers during its annual Young Retailer of the Year awards ceremony May 8 in Las Vegas. The honorees, who represent a variety of distributors and lead retail operations throughout the country, spoke during …
Read More »New Study: When Pros Buy Local, Communities Benefit
The North American Retail Hardware Association (NRHA) and Independent We Stand released a new study May 9 that provides insight into how much home improvement professionals can impact their communities by buying local. The Home Sweet Home: Pros’ Edition study examines the positive …
Read More »What the Big-Box CEOs Earned in 2016
Financial reports from big-box retailers provide insight into what the world’s top retail executives are worth in dollars. For example, Walmart’s sales outpace Home Depot’s and Lowe’s sales by hundreds of billions of dollars, but CEO Doug McMillon’s base salary matches what …
Read More »Ace Hardware’s Frank Carroll Departing to Lead Manufacturer
Frank Carroll, vice president of merchandising for Ace Hardware Corp., is leaving the cooperative to become CEO of manufacturer Broan-NuTone. Carroll has worked for Ace since 2013, when he joined the company in the position of general merchandise manager. Carroll’s …
Read More »US Lumberyards Expected New Tariff, ‘Domino Effect’ on Prices
A new U.S. tariff on imported Canadian softwood lumber, such as pine, is the latest change to an old trade debate between the two countries. The U.S. government, as of late April, is implementing a 20 percent tariff, or import …
Read More »How Do These Public Companies Stack Up?
The annual reports for your publicly traded competitors are out, and here is how some of the companies compare. Walmart, which is still the world’s largest brick-and-mortar retailer, had sales increase by less than 1 percent from the 2015 calendar …
Read More »A 360-Degree View of Target
To view the complete PDF of this story, click here. By Renee Changnon, rchangnon@nrha.org, Kate Klein, kklein@nrha.org, and Melanie Moul, mmoul@nrha.org Target has a reputation: The big-box retailer with flair. The company’s stores are destinations for parents picking up groceries, newly …
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