Attendees of the Independent Home Improvement Conference (IHI Conference) will have the opportunity to attend breakout sessions, covering topics that include marketing, technology, retail operations and employee engagement. As part of the breakouts, several industry vendors will be hosting sponsored …
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A key part of any operation, an effective cash flow strategy assures your business not only survives but thrives. Many business owners and managers find themselves stuck in a cycle where cash flow challenges feel like a never-ending struggle, impacting …
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In an effort to help retailers become better and more profitable, the North American Hardware and Paint Association (NHPA) has surveyed home improvement operators throughout the U.S. to develop the benchmark report known as the Cost of Doing Business Study. …
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True Value will cease operations at its regional distribution center (RDC) in Manchester, New Hampshire by the end of 2024. In 2019, the company opened up a regional distribution center in Wilkes-Barre, Pennsylvania, with the goal of it serving as …
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The summer season is underway, which means two things for home improvement retailers. First, the Home Improvement Research Institute’s (HIRI) latest Size of Market report, a biannual update providing five-year market forecasts for materials and products used in home improvement …
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By Tony Corsberg Principle Merchant5 Advisors Product assortment is the bedrock of retail. Assortment planning is the process of selecting the right items to be presented in a limited selling space that meet customers’ needs and are productive inventory within …
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House-Hasson Hardware has finalized its acquisition of former Midwestern U.S. wholesale hardware distributor Bostwick-Braun’s warehouses and inventory. The acquisition adds two warehouses in Indiana and Arkansas, as well as more than 45,000 stock keeping units (SKU) to its existing 55,000 …
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MEASURING THE PERFORMANCE of independent home improvement operations helps the entire channel understand how they compare to the industry at large. Since 2022, the North American Hardware and Paint Association (NHPA), in partnership with The Farnsworth Group, has fielded the …
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