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Industry News

Welcome to the Neighborhood: Moving and Redoing

As the DIY trend continues to grow, new homebuyers are visiting your stores and tackling projects on their own. In fact, according to the National Association of Realtors, over half of homebuyers completed a home improvement project within three months …

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From Forbes: Ace Hardware CEO, Retailer Explain Success

In its March 2 issue, Forbes magazine recognizes Ace Hardware as a business success story and highlights a thriving chain of Ace stores. Ace is now a $4.7 billion co-op with thousands of locally owned stores, despite massive changes to retail such as the …

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NRHA Course Projects Benefit Businesses

Students attending the North American Retail Hardware Association’s fall 2014 Retail Management Certification Program are implementing new procedures and tackling a major business improvement project as required for the six-month, college-level course conducted in Indianapolis. Student Retail Management Certification Program project topics …

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Network Online with NRHA and Industry Peers

Stay up-to-date on professional, home improvement industry and association news and practices. Connect with Hardware Retailing magazine and the North American Retail Hardware Association on social media and access the latest news and resources available to better train employees and improve business practices and …

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Lowe’s Opens Global Innovation Center in India

As retailers in the U.S. continue to develop higher-tech customer service methods, one big-box home improvement retailer is taking its technology emphasis global. Lowe’s Services India Private Limited, a subsidiary of Lowe’s Companies, Inc., has announced the opening of its Global …

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National Data Breach Legislation Proposed

After data breaches repeatedly made headlines this past year, an American lawmaker is pushing for national legislation outlining how companies should react to hackers stealing customer information. “Data theft is a real and serious threat facing American families,” Rep. Michael Burgess of Texas says in an article from the …

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More Grooms Adding Tools To Wedding Registries

When planning their weddings, many couples head to big box retailers like Macy’s, Target and Bed Bath & Beyond to register for household items such as bed sheets, bath towels and china dishes. Nowadays, wedding registries are available online, and wish lists are …

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Study Why Customers Browse But Don’t Buy

Retailers who focus mainly on increasing customer counts and average ticket sizes are missing a key metric: conversion rate. Conversion rate is the ratio of people who enter a store compared to how many actually make a purchase. Only 35 percent of retailers …

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