Online retail revenue is projected to reach $500 billion by 2018, with online buyers growing by 15 percent within the next 4 years. Another key consumer base to look at is the online shopper, which according to Forbes, is anyone …
Read More »Sara Logel
Veterans Spending More at Home Improvement Stores
Thank you to all Veterans who have served this country and those who continue to serve. As Veterans are being remembered, it has been discussed how numerous companies are striving towards hiring veterans in the near future and a majority of retail operations …
Read More »Smart Home Adoption to Increase
Smart home devices are making their way in to homes across the country. According to a recent study by the Consumer Electronics Association (CEA), “20 percent of households with broadband intend to acquire one or more smart home devices within …
Read More »Anticipated Growth in Single-Family Housing Starts
As the housing market continues to recover, housing starts continue to trend upwards. With wavering numbers towards the end of 2013 and the beginning of 2014, recent months have provided strong growth that has led to an anticipated 991,000 total …
Read More »Hardware Retailing Stock Index
The home improvement industry is looking up according to the Hardware Retailing Stock Index, which reports stock activity of the leading home improvement retailers, manufacturers and builders influencing the industry. Throughout the month of October, the index gained $84 or a 6.4 …
Read More »Small Businesses Increase Head Count
Small businesses across the United States added 102,000 jobs in October, up nearly 10 percent from September. This increase is the second six-figure number in the past year and marks the second-straight month of growth since the summer slump. Small …
Read More »Canadians Spend More on Home Improvement
Canadians are spending less on entertainment and dining and dedicating more discretionary income to travel and home improvement. According to a report from Moneris, a provider of payment processing solutions, “Purchases at home improvement stores rose by 8.49 percent over …
Read More »Make Payroll a Priority as the Year Ends
While 2014 is coming to an end, tax season is quickly approaching. Independent retailers must make sure their stores’ financials are in check and begin preparing year-end reports. There are many cost-cutting advantages for small business, so review the following article that provides …
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