The North American Hardware and Paint Association (NHPA) has announced the recipients of the 2023 Young Retailer of the Year award. These dynamic individuals were selected from a field of inspiring independent home improvement retailers under the age of 35 …
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Built-From-Scratch Program Eases Inventory Challenges
In 2019, Michelle and Gary Meny, owners of Meny’s True Value, purchased a third location in Ferdinand, Indiana, which was the catalyst to bring all three locations under one umbrella. Prior to opening the new location, the first two did …
Read More »Improving Profitability 4 Feet at a Time
With an Excel file, a few well thought out formulas and a desire product selection at the basic level, Cody Miller created his own program for determining the profitability of each department—down to a 4-foot section in each—in his operation’s …
Read More »5 Strategies From The Aubuchon Co. to Improve Inventory Management
Even when the lingering supply issues from the COVID-19 pandemic resolve, inventory management will continue to be a high priority for retailers. Jared Brown, director of business intelligence for The Aubuchon Company, shares five insights into making the process easier …
Read More »Bed Bath & Beyond Goes Bankrupt, Attributes Lack of Innovation
Once a giant among big-box retailers, Bed Bath & Beyond filed for bankruptcy this week and is starting the process of closing its 360 locations, as well as 120 BuyBuy Baby stores. According to NPR, the company missed the mark …
Read More »Staying on the Safe Side of Cybersecurity with Luke Vander Linden
Joining the esteemed line-up of speakers at the 2023 NHPA Independents Conference Aug. 2-3 in Dallas, Luke Vander Linden and his organization, the Retail & Hospitality Information Sharing and Analysis Center (RH-ISAC) bring a wealth of knowledge in cybersecurity to …
Read More »Survey Your Employees to Determine Tech Needs
Get Your Tech On: Join us to talk technology at the 2023 NHPA Independents Conference held Aug. 2-3 in Dallas. Learn more and register at YourNHPA.org/conference. According to Coresight Research, more than two-thirds of U.S.-based retailers plan to increase their …
Read More »NHPA Recognizes Industry Pillars With the 2023 Top Guns Awards
When it comes to technology in retail, evolving is key to success, and this year’s North American Hardware and Paint Association (NHPA) Top Guns Award honorees show how technology, whether big or small, can take an operation to the next …
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