The past 18 months have challenged every retailer to adapt to new customer demands, shifting supply chain realities and new health mandates. One of the most important factors to emerge is contactless commerce. But how can you ensure your business …
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How DIYers Are Tackling Home Improvement
New data from the Home Improvement Research Institute (HIRI) is revealing what projects DIYers across the U.S. are focusing on near the midpoint of the year. For nearly a decade, HIRI has polled roughly 3,000 homeowner each quarter to understand …
Read More »U.S. Economy Grows 1.6% in Q2
The U.S. economy has returned to pre-pandemic levels as gross domestic product (GDP) grew 1.6 percent in the second quarter, The New York Times reports. Compared to the second quarter of 2020, GDP grew 6.5 percent. Housing accounted for roughly …
Read More »Home Depot and Lowes Set Sights on Pros
A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …
Read More »Analyzing Top Home Improvement Categories
New data from market research firm Numerator is revealing the latest insights into key home improvement categories. Take a look at Numerator’s latest findings to learn how you can use up-to-date shopping data to position your home improvement categories for …
Read More »How COVID-19 Affected June Home Improvement
Market research firms The Farnsworth Group and the Home Improvement Research Institute have released their final COVID-19 tracker report, highlighting the many ways in which the pandemic has affected home improvement DIYers and pros. Take a look at the latest …
Read More »3 Reasons Why You Should Participate in the Cost of Doing Business Study
The deadline for the North American Hardware and Paint Association (NHPA)’s 2021 Cost of Doing Business Study has been extended to July 15. The study is the only inclusive industry benchmarking study—giving you a complete analysis of how your business …
Read More »Home Builders Report Sharp Uptick in Product Prices
Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells …
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