Independent Insights Sponsored by Quikrete Brick-and-mortar stores are still a critical component to retailers’ growth, but a recent study from Jumpmind, a point-of-sale software platform, found that the in-store experience frequently falls short of customer expectations. The study found that …
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NHPA Updates Hardware Product Knowledge Courses
The average hardware store has thousands of SKUs, so it’s easy to see why anyone starting a job at a home improvement store could easily be overwhelmed. For many years, retailers have turned to the North American Hardware Association’s (NHPA) …
Read More »Grabbing a Piece of the Pro Market
Earlier this week, The Home Depot announced it has entered into an agreement for its specialty trade distribution subsidiary, SRS Distribution Inc. (SRS), to acquire GMS Inc. (GMS), a leading North American speciality building products distributor, for $5.5 billion. The acquisition is …
Read More »Looking at the Nuts and Bolts of Financing to Unlock Growth
In today’s competitive retail landscape, home improvement store owners need strategic financial solutions to thrive and expand. Join the North American Hardware and Paint Association (NHPA) and hardware store financing expert Brian Misenheimer from Live Oak Bank for this essential …
Read More »Break the Cycle of Bad Returns: Keep Customers Happy With an Upgrade to Your Customer Returns Policy
According to the National Retail Federation (NRF) and Happy Returns 2024 Customer Returns in the Retail Industry Report, retailers estimated that 16.9% of their annual sales in 2024 were returned, making customer returns a headache for many retailers, regardless of …
Read More »Simplify and Fortify the Returns Process With Technology
According to the National Retail Federation (NRF) and Happy Returns 2024 Customer Returns in the Retail Industry Report, retailers estimated that 16.9% of their annual sales in 2024 were returned, making customer returns a headache for many retailers, regardless of …
Read More »Compare Your Customer Return Policies to the Big Boxes
According to the National Retail Federation (NRF) and Happy Returns 2024 Customer Returns in the Retail Industry Report, retailers estimated that 16.9% of their annual sales in 2024 were returned, making customer returns a headache for many retailers, regardless of …
Read More »Last Looks: 3 Best Practices for Choosing Impulse Products That Deliver
The impulse category plays a subtle yet powerful role in boosting sales and enhancing the customer experience. These small, low-commitment items, often placed near checkout counters or high-traffic paths throughout stores, capitalize on customers’ spontaneous decisions. When managed well, impulse …
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