Retailers now have until July 7 to submit data for the North American Retail Hardware Association’s (NRHA) 2017 Cost of Doing Business Study. The association has extended the Cost of Doing Business Study deadline this year in hopes of maximizing participation for …
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Building Homes, Building Communities
To view a PDF of this story, click here. By Dan Tratensek Study Highlights the Positive Impact of Local Sourcing Drive through just about any neighborhood in any state, from Pennsylvania to Oregon, and you’re likely to see homes being …
Read More »Help Pros Shop Local With Home Sweet Home Pros’ Edition Signage
In the July 2017 issue of Hardware Retailing, the North American Hardware and Paint Association (NHPA) and Independent We Stand debuted the their latest joint research project, the Home Sweet Home Pros’ Edition study. The study found that for every dollar pros spend at independent …
Read More »Retailers, Consumers Agree: Made in America Matters
To view a PDF of this story and check out more data, click here. Independent home improvement retailers are emphasizing their made-in-America product offerings, and customers are demonstrating that the emphasis hits home for them. A large portion of retailers …
Read More »Quarter 1 Economic Indicators Show Upswing
The first quarter of 2017 continued 2016’s upward swing, key U.S. economic indicators show. The largest spike was in consumer confidence. The March 2017 score was 125.6, the highest level since December 2000, The Conference Board reports. That growth helped …
Read More »How Does Your Business Compare to a High-Profit Store?
The differences between a high-profit home improvement store and a typical operation can be significant, according to facts from the North American Retail Hardware Association’s (NRHA) 2016 Cost of Doing Business Study. A high-profit home improvement store nets 9.2 percent profit …
Read More »Prioritize Style and Function in Plumbing
Kitchen and bath updates were some of the most popular home remodeling projects in 2016—a trend that can only be good for your business if your operation excels in plumbing. Online home improvement community Houzz surveyed more than 100,000 homeowners …
Read More »Retailers Speak on Financial Industry Research
For 100 years, the North American Retail Hardware Association (NRHA) has been putting together the Cost of Doing Business Study annually. The study collects financial information from more than 1,000 independent home improvement businesses. From the data industry averages are determined …
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