Understanding how independent home improvement operations are performing throughout the year helps other retailers in the channel compare themselves to their peers and use that data to make improvements to their operations. Since 2022, the North American Hardware and Paint …
Read More »Jacob Musselman
Father’s Day Spending to Reach New High
Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high …
Read More »Lowe’s Expands Online Marketplace With New Partnership
Lowe’s is bringing its customers more options than ever through its new online marketplace, launched in December 2024. Now, Lowe’s is accelerating the growth of its marketplace with a partnership with Mirakl, a global marketplace technology company. Through this partnership, …
Read More »Lowe’s Reports 1.04% Decrease in Total Sales for Q1 2025
Lowe’s reported its Q1 2025 financials, marking $20.9 billion in total sales, a 1.04% decrease year over year. Comparable store sales for the quarter decreased 1.7% as unfavorable weather early in the quarter was offset by mid-single-digit pro and online …
Read More »5 Barbecue Rubs and Seasonings to Heat Up Sales
Barbecue rubs and sauces are a smart addition to any grilling department, encouraging impulse buys from customers already shopping for outdoor cooking gear. These compact products are easy to cross-merchandise and boost overall basket size. To catch these add-on sales, Hardware Retailing …
Read More »Hot Products – May 21, 2025
Painter’s Tape (SPONSORED) ScotchBlue™ PROSharp™ Painter’s Tape provides the sharpest paint lines yet thanks to new Edge-Lock™+ technology. Designed to handle both indoor and outdoor projects, it provides two times better hold than the original Edge-Lock™ technology, sealing out paint …
Read More »The Home Depot Reports 0.3% Decrease in Comp Sales for Q1 2025
The Home Depot released its Q1 2025 financials, reporting sales of $39.9 billion for the first quarter of fiscal 2025, an increase of 9.4% from the first quarter of fiscal 2024. Comparable sales for the first quarter of fiscal 2025 decreased …
Read More »Retailers’ Choice Award Winners 2025
For the past 59 years, the Retailers’ Choice Awards, presented by the North American Hardware and Paint Association, have highlighted the best products on display at the National Hardware Show. The Retailers’ Choice Awards differ from most award programs as …
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