Merchandising

$966.6 billion. That amount is how much the National Retail Federation (NRF) forecasts will be spent on gifts and decorations from November 1 to December 31, a 3-4% increase from 2022.  NRF’s holiday forecast is based on economic modeling that …

Color plays an important role in driving traffic to your paint department. Use the following steps to boost sales and encourage customers to try something new. Create the space. Retailers who have been successful in selling paint have created paint …

Do it Best has named Jenna Myers as its newest divisional merchandise manager, effective immediately. In this role, Myers will lead merchandising teams for the company’s paint, paint supplies, outdoor living, holiday, safety and general merchandise departments. Working with each …

Merchandising plays a critical role in the overall success of a business. It improves profitability by generating more margin dollars, controls costs by improving the productivity of the salesfloor and employees and increases sales by making a store appealing to …

Theft, fraud and shrinkage can wreak havoc on a business, with the Coalition of Law Enforcement and Retail estimating retail crime will top $45 billion in annual losses this year. Discover how fellow hardware and paint retailers handle theft and …

To encourage consumers to choose energy-efficient lighting products, several states have instituted energy-efficient lighting programs, including rebate, loan and tax-incentive programs. These lighting incentives offer everything from tax breaks and rebates for installing energy-efficient lighting to exchange programs to properly …

Summer is in full swing, and your customers will be heading outside to check off their lists of exterior maintenance projects. Now is the ideal time to promote products you sell that customers need to complete these projects. Here’s a …

With more and more consumers are seeking out that “rural living” ideal, an increasing number of retailers are tailoring their assortments to meet the demands of the growing farm, pet and ranch market. Patrick Ansel opened the first Family Farm …