Fire Prevention Week is coming soon. Do you have a plan for how you’ll use the week to promote fire safety? The National Fire Protection Association (NFPA) organizes Fire Prevention Week as part of its ongoing campaign to educate the public …
Read More »Jesse Carleton
A New, Easy Way to Understand Financial Statements
If you’re a little confused by all the numbers in the financial statements of your business, you’re not alone. Many retailers would rather be on the salesfloor helping customers than in the backroom poring over paperwork. Nonetheless, those financial statements …
Read More »Increasing the Salesfloor Efficiency at Tarzian Hardware
Neal Aissa Tarzian Hardware Brooklyn, New York Numbers to Watch: Sales Per Square Foot, Gross Margin Per Square Foot, Inventory Per Square Foot The Challenge Operating a 3,500-square-foot hardware store within walking distance of two big-box retailers means Neal Aissa, …
Read More »5 Ways Your Business Could Be Losing Money … and How to Get It Back
Click the picture to download a PDF of this story. By Jesse Carleton, jcarleton@nrha.org, and Liz Lichtenberger, llichtenberger@nrha.org Lower your costs and increase your revenue. Just about every retailer would agree that’s a great formula for success. But how do you make it happen? …
Read More »Financial Tools You Can Use
Financial statements have valuable information that can help you make more informed business decisions. But if reading those statements feels like reading a foreign language, don’t worry, you’re not likely the only retailer who feels that way. Here are some …
Read More »Retailers Converge on Boston for Orgill Fall Dealer Market
For three days, retailers packed Orgill’s Fall Dealer Market looking for bargain buys and the latest products, programs and services that would prepare them for the next selling season. The event was held Aug. 24-26 at the Boston Convention and …
Read More »Small-Town Store Helps Honor Veterans
A few years ago, Jill and Jeremy Post, owners of Post’s Hardware Hank, noticed that around Memorial Day, it was difficult to find a place in town to buy flowers or ornaments to decorate the graves of veterans. The small town …
Read More »Selling Safety Products to Seniors
Who makes up a majority of your homeowner customer base? More and more, it’s likely to be seniors. Studies show that the majority of seniors prefer to stay at home as long as possible. In fact, a study by the …
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