With all the ups and downs the economy has seen throughout 2020, it is more important now than ever to have a clear understanding of where the home improvement industry has been and where it may be headed. Join NHPA’s …
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Trainer’s Corner: Focus on Financials
In this month’s issue of Hardware Retailing, the Market Measure report includes results from NHPA’s 2020 Cost of Doing Business Study, a valuable tool as you make plans for the coming year. By comparing numbers in this study against your …
Read More »Manufacturers and Distributors Weigh In on Steel, Aluminum Tariffs
Click the picture to download a PDF of this story. By Kate Klein, kklein@nrha.org All story data were compiled from a survey of manufacturers and distributors conducted by the North American Retail Hardware Association (NRHA). Recently announced and proposed tariffs on raw …
Read More »Study Shows Dramatic Local Economic Impact of Independents vs. Amazon
Click the picture to download a PDF of this story. For years, Amazon has been racing to compete with and beat brick-and-mortar retailers in selling nearly every product category, while setting a breathtaking pace for sales growth. The company has also cemented …
Read More »Study: Shopping Local vs. Amazon Makes Powerful Impact
A newly released study, Home Sweet Home: Locals vs. Amazon, examines the powerful local impact consumers make when purchasing home improvement products at independent businesses instead of on Amazon. The new research reinforces the value of the local economic advantage small …
Read More »How Independent Retailers Are Competing Online in an Amazon World
Click the picture to download a PDF of this story. By Kate Klein, kklein@nrha.org, and Todd Taber, ttaber@nrha.org Retailers Are Expanding Their In-Store Experience Online Double-digit sales increases, a website that’s easy to shop, tech experiments like drones and a steadily growing …
Read More »NRHA’s Succession Planning Study Is Now Available
The North American Retail Hardware Association (NRHA) has released its Succession Planning Study. Succession planning is an ongoing challenge for retailers who do not have a successor in place or have not prepared a step-by-step exit plan for themselves before …
Read More »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 …
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