In a recent e-newsletter, National Association of Home Builders (NAHB) chief economist Robert Dietz shared his insights on the current and future economy and provided housing market updates. The rising mortgage interest rates and stricter policies from the Federal Reserve …
Read More »Lindsey Thompson
Increase in Mother’s Day Spending Expected This Year
The National Retail Federation (NRF) and Prosper Insights & Analytics conducted a consumer survey that found 84 percent of Americans plan to celebrate Mother’s Day this year. Spending on Mother’s Day is expected to top $31.7 billion, up $3.6 billion …
Read More »What’s Hot in Cabinet Hardware
Even though we touch them every day, most of us don’t pay much attention to the hardware on our cabinets and drawers. However, cabinet hardware can make a big impression in a room, adding color, interest and functionality to kitchens, …
Read More »Inflation Continued Upward Climb in March
The U.S. Bureau of Labor Statistics reported another jump in inflation in March, up 1.2 percent after a 0.8 percent increase in February. Inflation has risen 8.5 percent over the last 12 months, the largest 12-month increase since December 1981. …
Read More »Cost of Construction Materials Continues to Jump
The U.S. Bureau of Labor Statistics released its latest Producer Price Index (PPI) report, which found that the price of goods used in residential construction, minus energy, jumped 1.4 percent in March. The increase comes after the cost of construction …
Read More »Do it Best Announces Changes to Spring Market, 2023 in Orlando
After another successful spring market, Do it Best is moving forward with a redesigned approach for its 2023 spring market that brings together the best of the online and in-person market experiences in a new way. “Over the last two …
Read More »Panel of Retailers Picks Favorites for 2022 Retailers’ Choice Awards
From bee houses to paint strippers, the 56th Retailers’ Choice Awards honored 32 new products as part of the National Hardware Show and NHPA All-Industry Conference. Six independent home improvement retailers made up the judging panel for the 2022 Retailers’ Choice Awards, …
Read More »New Manager Confidential: Insights From New Managers
Becoming a new manager can be rewarding, but also full of challenges. Fortunately, the home improvement industry has many players who are willing to share advice and best practices with their fellow retailers. Here, we’ve compiled advice for new managers …
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