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Research & Guides

Are Your Operating Expenses Draining Your Profit?

Payroll, advertising, utilities, rent and more all add up to your total operating expenses–and if one of those expense lines gets too high, it cuts into your store’s profit. Ask yourself the following questions to determine if your expenses are …

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Make Your Father’s Day With Gift Sales

Working Display

Have you thought about how you will attract the interest and spending of customers shopping for Father’s Day gifts? In 2015, consumers spent $13 billion on gifts for dads, according to a National Retail Federation survey. That spending is significantly less than what shoppers …

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How To Write a Press Release

Whether it’s an event your store is holding, an award it recently won, or something else, there are plenty of reasons to put together a press release that you can send out to local media to gain some additional publicity …

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Be a Part of Something Big

Each year for the past 99 years, the North American Retail Hardware Association (NRHA) has conducted the Cost of Doing Business Study, the industry’s only inclusive retail benchmarking study. This study is extremely important and beneficial to a home improvement retailer …

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Selling to Make Your Mother’s Day

Warm weather is finally here and Mother’s Day is just around the corner. Is your store prepared and stocked for this busy time for selling housewares, flowers and other gardening products? In 2015, consumers spent $21 billion on gifts for Mother’s Day, …

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Understanding Payroll

The annual Cost of Doing Business Study from the North American Retail Hardware Association (NRHA) is the industry’s only inclusive benchmarking study and has been conducted annually for almost 100 years. The study provides detailed financial information from hardware stores, home centers and …

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Improving Your Inventory Accuracy

In the April issue of Hardware Retailing, we spoke with five retailers who have taken on inventory projects to address a critical point where their inventory cycle hit a snag and caused problems in the rest of the process. In addition to …

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Free Mother’s and Father’s Day Shop-Local Signage

Spring is here, and that means warmer weather has arrived and you are preparing events and promotions around two important holidays: Mother’s Day and Father’s Day. As you head into your busy season, take this opportunity to share your store’s …

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