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Market Measure 2020: The Industry’s Annual Report

Market Measure

Years from now, when our children and grandchildren are studying history, there will almost certainly be a chapter in their virtual textbooks that focuses on 2020. One might easily argue that 2020 will be remembered among the most influential years …

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Charting 2020’s Biggest Holiday Sales Trends

Springboard

Research firm CBRE recently issued its outlook for the 2020 holiday shopping season. Featuring insight on the U.S. economy, new shopper habits and global insights, the data is a clear guide to the trends home improvement retailers should be on …

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Canada Aims to Ban Plastic Bags

Plastic Bag Ban

The Canadian government has announced plans to ban an array of common plastic products by the end of 2021, including single-use shopping bags common in brick-and-mortar retail. It’s all in an effort to produce zero plastic waste by 2030.  In …

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Understanding the Twists and Turns of 2020 Retail Sales

Retail Roadmap

Despite uncertainty early in the year, retail sales have remained strong across sectors, including historic sales for home improvement (NAICS 444) and nonstore companies (NAICS 454) like Amazon. Referencing retail sales for September, National Retail Federation president and CEO Matthew …

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Retailer Helped Provide More Than 1,200 Masks

Burney True Value Hardware

Early in the COVID-19 pandemic, Sam Ransdell of Burney True Value Hardware in Seven Lakes, North Carolina, realized that ordering face masks to sell wasn’t going to meet his community’s needs.  Demand was too high nationally for Ransdell to get …

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Nominations Open for 2021 Retailer of the Year

YROTY

Do you know an outstanding young retailer? Nominations are now open for the North American Hardware and Paint Association’s (NHPA) 2021 Young Retailer of the Year program. For 25 years, the program has identified up-and-coming leaders who exemplify the future …

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2021 International Hardware Fair Has Been Canceled

international hardware fair

The 2021 International Hardware Fair has been canceled, event organizer EISENWARENMESSE has announced. The event was previously scheduled to take place in Cologne, Germany, Feb. 21-24. Many of the exhibitors scheduled to appear at the event faced international travel restrictions, …

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2020 Holiday Sales Expected to Climb 5.2%

online sales 2020

The traditionally busy shopping season from Thanksgiving Day in the U.S. to Cyber Monday has looked quite a bit different in 2020. The Associated Press reports the COVID-19 pandemic kept in-person Black Friday shopping crowds thin, but a surge in …

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