What is your proudest moment as part of the independent channel? My proudest moment has been creating opportunities for team member development and helping the company grow in total. What is your favorite part of your job? I most …
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In anticipation of the launch of the new Navigating Cash Flow course, the North American Hardware and Paint Association (NHPA) will be hosting a webinar this Friday, July 26, at 1 p.m. EST. The webinar, “Diagnosing Your Cash Flow Issues,” …
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The North American Hardware and Paint Association’s (NHPA) Cost of Doing Business Study has been aiding retailers in making operational and planning decisions for several decades, thanks to the robust data points included in the study. The study presents composite …
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As artificial intelligence (AI) continues to expand throughout all industries, the National Retail Federation (NRF) has published a series of guidelines called the Principles for Use of Artificial Intelligence in the Retail Sector. These guidelines strive to encourage governance of …
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A key part of any operation, an effective cash flow strategy assures your business not only survives but thrives. Many business owners and managers find themselves stuck in a cycle where cash flow challenges feel like a never-ending struggle, impacting …
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In an effort to help retailers become better and more profitable, the North American Hardware and Paint Association (NHPA) has surveyed home improvement operators throughout the U.S. to develop the benchmark report known as the Cost of Doing Business Study. …
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By Tony Corsberg Principle Merchant5 Advisors Product assortment is the bedrock of retail. Assortment planning is the process of selecting the right items to be presented in a limited selling space that meet customers’ needs and are productive inventory within …
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The question is not will e-commerce and web-based businesses supplant brick-and-mortar retailing… but will it simply leave you behind if you don’t adopt the technology and integrate e-commerce into the core of your business. If you were to guess when …
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