During the recession, many families had to tighten their budgets in a variety of ways, including buying less expensive, generic products. The lifestyle changes have had lasting effects on consumers because people have learned to price shop and found that …
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January Home Construction Up Year Over Year
Construction started on more homes in January than in the same month a year ago. The U.S. saw 1.07 million new housing starts in January, an increase of about 19 percent from January 2014, according to data from the National Association …
Read More »Industry Awards Program Continues to Benefit Young Retailers
Two 2014 recipients of the North American Retail Hardware Association Young Retailer of the Year awards are continuing to see benefits of the honor. Hardware Retailing got in touch with past honorees James Coté, owner of Osterville House & Garden, and Zach Coblentz, …
Read More »Weather Challenges Don’t Deter Attendees from Orgill Spring Dealer Market
Despite difficult winter weather in parts of the country and unusually chilly temperatures in Orlando, Orgill’s Spring Dealer Market was bustling with activity. The distributor welcomed retailers from all over the world to the three-day event that kicked off Thursday …
Read More »How The Big Boxes Rate On Reputation
In a recent study, Lowe’s appeared in the top 20 of highly visible companies ranked by reputation. The big box retailer had the highest reputation quotient ranking among specialty retailers, according to the 2015 Harris Poll Reputation Quotient. The Harris study measures the reputations …
Read More »Consumers Still Like Benefits Of In-Store Shopping
Consumers want their shopping experiences to be efficient, convenient and enjoyable — and while Internet stores offer them many benefits, they know physical stores still do, too. PwC’s international Total Retail Survey notes that the top three reasons worldwide that consumers make in-store purchases are not …
Read More »2015 Prediction: Uptick In Retail Sales
The National Retail Federation predicts that consumers will spend more money in 2015 than last year, with sales rising 4.1 percent. This expected increase would be the biggest sales uptick since 2011, the organization reports in a news release. “Already facing far fewer …
Read More »Amazon Drone Delivery Service On Hold
Amazon’s plans to make deliveries by drone may come to a standstill due to recently proposed federal laws. If proposed legislation passes, Amazon might not be able to launch its Prime Air service in the U.S., according to an article in Fortune. Amazon planned to use …
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