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On the Web

On the Web: April

There’s much more to discover from the April 2022 edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success.

Construct Your Strategy

Having an organized approach to your strategic planning process will help you create a detailed plan that considers all important areas of your operation. Here are some resources to help you analyze your business and define your goals.

Outline Your Plan
In Hardware Retailing’s strategic planning guide, learn about the different components of a strategic plan and get started on creating your own. This worksheet helps you identify long- and short-term goals and how to organize next steps.

Start a SWOT Analysis
A comprehensive understanding of your operation means taking a top-to-bottom look at strengths, weaknesses, opportunities and threats. This article outlines a few key questions you should regularly ask about your business.

Key Retail Metrics Resources
NHPA offers a variety of resources to help you understand and use the key retail metrics to evaluate your business. Topics covered in this guide include transaction size, payroll and GMROI.

Overcoming Obstacles
See how Seashore Ace Home & Outdoor Living serves its beach and inland customers with a variety of outdoor living furniture and accessories.
Wellness Support
Discover resources to help you launch and manage a wellness program in your operation and learn best practices for getting employees engaged in your wellness culture.
New Additions
Adding a new product category can be daunting. Discover best practices to adhere to when bringing a new product category to your operation.
Hiring Toolkit
Finding and hiring high-caliber employees is a challenge for many retailers. Discover a variety of best practices, tools and guides to help you find quality employees for your business.

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About Lindsey Thompson

Lindsey joined the NHPA staff in 2021 as an associate editor and has served as senior editor and now managing editor. A native of Ohio, Lindsey earned a B.S. in journalism and minors in business and sociology from Ohio University. She loves spending time with her husband, two kids, two cats and one dog, as well as doing DIY projects around the house, coaching basketball, going to concerts, boating and cheering on the Cleveland Guardians.

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On the Web: November 2023

There’s much more to discover from the November edition of Hardware Retailing. Browse the links …