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 …
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Sharing Your Story Through Social Media
In the three years it has been in business, Nikiski Hardware & Supply in Nikiski, Alaska, has not only become the go-to spot for home improvement items and household products, it has established itself as a community hub and gathering …
Read More »Laying a Strong Foundation for the Next Generation of Customers
The only constant in this world is change. Looking ahead and planning for the future are key aspects of running a successful business, and this includes adapting to an ever-changing customer base. Taylor’s Do it Center was established in 1927 …
Read More »Customer Service Needs of Upcoming Generations
According to a recent report from Gen Z Planet, a research and advisory firm, Gen Z’s disposable income has reached a total of $360 billion in the U.S. and will only increase as more members of the generation enter the …
Read More »Building ROI With the Right Renovations
It is easy for retailers to fall into familiar patterns and become complacent when it comes to updating the appearance of their stores. With retailers having seen significant sales and revenue growth over the last several years, there are opportunities …
Read More »Young Voices: A Q&A With Gen Z
Understanding your entire customer base is an important aspect of a successful business. As Gen Z amasses more buying power, it is important to understand the psychology behind their purchases. Hardware Retailing spoke with two members of Gen Z, Brandon …
Read More »Introducing the 2023 HABITAT Pillars for NHS
An integral part of the National Hardware Show, HABITAT is an on-site and digital product discovery showcase, highlighting the ideas and evolving lifestyles that are driving the future of home and in turn, consumer spend. It is an elevated NHS …
Read More »Q2 2022 Big-Box Financials Round-Up
See how several home improvement and other big-box retailers performed in the second quarter of 2022 with a round-up of financial reports released this week. The Home Depot The Home Depot reported sales of $43.8 billion for the second quarter …
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