A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …
Read More »Todd Taber
Canadian Retailers Welcome Higher Sales, New Opportunities
Throughout the COVID-19 pandemic, the Canadian retail home improvement market experienced many of the same challenges encountered in the U.S., while also observing the same surge in spending. North America proved to be a great market for home improvement spending. …
Read More »Unique Partner Businesses Bring New Opportunity
Glenn Ubertino owns Zoller Hardware in North Carolina and has seen both sides of the retail coin. As a child, he grew up in the independent hardware store his parents owned, and as he began his own professional career, he …
Read More »Use Recent Consumer Trends to Power Your Business
During the COVID-19 pandemic, many of your shoppers learned new skills to take care of their homes and families. Review data from the National Hardware Show on how you can use these customer behavior shifts to drive sales for your …
Read More »Analyzing Top Home Improvement Categories
New data from market research firm Numerator is revealing the latest insights into key home improvement categories. Take a look at Numerator’s latest findings to learn how you can use up-to-date shopping data to position your home improvement categories for …
Read More »Tractor Supply Co. Reports Record Q2 Earnings
Big-box home improvement chain Tractor Supply Co. has reported record earnings for its second quarter, which ended June 26. The company’s net sales for the second quarter stood at $3.6 billion, up more than 13 percent from the same period …
Read More »Home Depot and Lowes Set Sights on Pros
A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …
Read More »Pending Home Sales Rise 8% in May
New data from the National Association of Realtors® (NAR) shows pending home sales jumped 8 percent in May, up more than 13 percent from the same period in 2020. The association monitors home sales trends in four U.S. regions, all …
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