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Industry News

Home Depot Adds Linda Gooden as Board Member

This week, Home Depot announced the appointment of Linda Gooden to its board of directors. Gooden will serve on the company’s audit and leadership development and compensation committees. Her appointment gives the company 12 directors. Gooden, who retired in 2013 from Lockheed Martin …

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Consumers Crave Storage Solutions

Living in compact homes is more than a trend that has inspired television shows such as HGTV’s Tiny House Hunters and FYI’s Tiny House Nation. It’s a lifestyle change. More homeowners want to maximize their living space as they downsize or move in …

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House-Hasson Retailers Race to Market

House-Hasson Hardware is hosting its fall dealer market in Lexington, Kentucky, this year for the first time due to growth in the northern portion of its 17-state service area. Lexington was chosen as the market site because the distributor has …

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Retail Categories Consumers Prefer to Purchase Online

E-commerce continues to grow and contribute to future retail success, but how much does online purchasing affect the home improvement retail environment? Below is data gathered from NetWorld Media Group’s 2015 Retail Future Trends, which analyzes the different retail categories consumers prefer to …

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Consumer Confidence Builds Slightly in September

Consumer confidence continues to be on the upswing, though moderately, according to the Consumer Confidence Index. The index now stands at 103, up from 101.3, in August, according to The Conference Board, a research association that compiles the data. “Consumer …

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Industry Forecasted to Outpace Inflation

As 2015 comes to a close, the North American Retail Hardware Association (NRHA) is forecasting a total of 4.2 percent growth for the home improvement industry. Growth for independent hardware stores tops at 4.8 percent, followed by home centers at 4.2 percent and lumberyards at 3.8 percent. This …

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