Robots are trending as retail employees, and a new model can be programmed to rapidly check an entire store’s inventory. This new robot on the scene is called Tally, and is the creation of Simbe, a San Francisco startup company, according …
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Sales in 2015 grew by 5.81 percent, with the typical hardware store seeing a 2.9 percent profit increase; and, high-profit hardware stores outperformed with a 7.1 percent profit increase. The contributing factors for the high profit stores include higher customer …
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Both home sales and home prices were on the rise throughout the U.S. in the third quarter, according to the National Association of Realtors. Total existing-home sales, including for single-family houses and condominiums, increased 3.4 percent from the second quarter to the third …
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Because the holiday season is right around the corner, consumers will be emptying their wallets at retail stores across the country. Last November and December alone, consumers spent more than $616.1 billion, according to data from the National Retail Federation. The holiday …
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After about nine months of public scrutiny and a leadership overhaul, Lumber Liquidators has named a new CEO to lead a company turnaround. The new CEO, John Presley, was chairman of the lumber discounter’s board of directors and will remain a …
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The 15th annual 2015 China International Hardware Show (CIHS) concluded at the end of October in Shanghai, China, and continues on a growth trajectory. If you’re interested in international insight into the home improvement industry, mark your calendars for Oct. 21-23, 2016. The growing …
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House-Hasson Hardware’s acquisition of Long-Lewis Hardware has brought key changes to both companies. House-Hasson has received a new regional manager; 10 new sales staff members; and 150, 18-wheeler truckloads of merchandise placed on warehouse shelves to sell. “This was an …
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The year 2015 is coming to a close, which means it’s time for business owners to think about renewing or purchasing a health insurance plan for the coming year. NRHA’s health insurance expert Bob Chiesa, president of Custom Benefits Insurance …
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