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Monitoring the Market: June 2020

monitoring the market

Monitoring market trends in consumer sentiment, home improvement rates and construction figures can help you anticipate emerging opportunities for your business. Use the tables below to get a deeper understanding of a few of the forces affecting independent home improvement. …

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Retail Management Certification Program Adopts New Format

Retail Management Certification Program

In a break from its previous three-visit model, the North American Retail Hardware Association’s (NRHA) upcoming Retail Management Certification Program will feature two in-person class visits. Students will still benefit from the same number of in-person instructional hours, but a …

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Behind Your Back Podcast With Bradley Hartmann

resource review

This podcast review is the third installment in a bimonthly series Hardware Retailing is publishing to highlight books, podcasts and other resources retailers recommend to fellow business owners in the independent home improvement industry.  P. Brett Thorne is chief operating …

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Ace Hardware to Host Virtual 2020 Fall Convention

Franchise Times' Top 400

Ace Hardware has announced the cancellation of its in-person 2020 Fall Convention. The event will now take place online from Sept. 9-12 to protect the health and well-being of Ace retailers, employees and vendor partners. The event was originally scheduled …

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U.S. Retail Sales Climb 17% in May

u.s. retail sales

Retail sales in the U.S. grew by a seasonally adjusted rate of 17.7 percent in May over April, new data from the U.S. Commerce Department shows. The increase sets a new record for monthly retail growth. Sales at building materials …

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NRHA Affirms Commitment to Industry Diversity

diversity

The North American Retail Hardware Association (NRHA) has announced several program introductions and enhancements designed to help encourage diversity, inclusion and sensitivity within the home improvement retailing industry. “Whenever we see communities facing challenges, whether it is from natural disasters, …

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New Data Charts DIYers’ Home Improvement Projects

home improvement projects

Since March, The Farnsworth Group and the Home Improvement Research Institute (HIRI) have collected data on DIYers’ and contractors’ home improvement sentiments during COVID-19. The complete report for the organizations’ Weekly COVID-19 Tracker reveals home improvement is on the minds …

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Canadian Headlines for Retailers: June 15

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. New Lowe’s DC Will Be Western Canada’s Largest …

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