Costing businesses money and peace of mind, shrink takes a toll on the retail industry, especially on independently owned and small- and medium-size businesses. The National Retail Federation’s (NRF) National Retail Security Survey 2022 discovered retail shrink, which includes organized …
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Hot Tips For Top Sales
Outdoor Enhancements: Learn three more best practices to improve your outdoor living department CATEGORY at hardwareretailing.com/outdoor-living-tips. When customers shop for outdoor living products, typically they are shopping based on desires rather than needs, which requires a different approach to selling …
Read More »3 Homeowner Trends Driving Outdoor Living Product Purchases
Take a Closer Look : Discover more insights from the Home Improvement Research Institute (HIRI) and dive deep into paint and sundry trends at hardwareretailing.com/hiri-paint-sundries. In the last few years, homeowners have been keen to level up their outdoor living spaces. …
Read More »Your Ticket to a Stronger Company Culture
REGISTER FOR THE 2023 NHPA INDEPENDENTS CONFERENCE TO WIN A DREAM TEAM EXPERIENCE Solutions Abound: Learn more about TeamBuilder and other NHPA consulting programs by contacting Kim Peffley at kpeffley@YourNHPA.org or 219-776-0094. As your company’s Top Asset investing in your …
Read More »Innovation Doesn’t Require Vast Internal Teams
While they might understand the important role innovation plays in an operation’s success, many retailers believe technology has to be expensive or complicated. In the July issue of Hardware Retailing magazine, we explored the basic technology processes, programs and systems …
Read More »Analytics Highlight Paths to Growth
From marketing to inventory management, you can track analytics for nearly every aspect of your operation. That data, while overwhelming at times, is crucial for assessing successes and determining business strategy. For Hartville Hardware & Lumber, tracking analytics has been …
Read More »NHPA Invites Industry to Celebrate Success, Identify Solutions at Conference
The North American Hardware and Paint Association (NHPA) is looking forward to hosting the 2023 NHPA Independents Conference Aug. 2-3 in Dallas, an industrywide event that brings together retailers, wholesaler representatives, vendors and other channel supporters, regardless of affiliation. Over …
Read More »5 Solutions to Streamline Operations
Plenty of data and anecdotal evidence exists on the benefits of technology for your operation, but retailers may still hesitate because of the investment of time and money tech requires. Fortunately, when it comes to innovation, cutting-edge isn’t the only …
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