Recently, the National Retail Federation (NRF) spoke with Ron Lutz, chief retail officer at strategy firm Miller Zell. Lutz discussed how retailers can truly engage customers, even during social distancing and curbside pickups, which have grown increasingly common for home …
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Lowe’s Records $22.3B in Q3 2020 Sales
Big-box home improvement chain Lowe’s has announced its third-quarter 2020 financial results, reporting $22.3 billion in sales for the quarter, about 28 percent higher than in the same period in 2019. Net earnings for Lowe’s amounted to $692 million, down …
Read More »Frager’s Hardware Hosts a Socially Distant Centennial
The COVID-19 pandemic derailed initial plans for celebrating the 100th anniversary of Frager’s Hardware & Garden Center, the longest continuously operating hardware store in Washington, D.C. Determined not to let the centennial pass by without recognition, the store staff organized …
Read More »Home Depot Reports $33.5B in Q3 2020 Sales
Big-box home improvement retail chain Home Depot has announced its third-quarter 2020 financial results, reporting $33.5 billion in total sales for the quarter, up $6.3 billion or 23.2 percent from the same period in 2019. Comparable sales for the third …
Read More »House-Hasson Announces Online Dealer Market for January
House-Hasson has announced plans for a virtual dealer market in January instead of its traditional in-person event normally held in Nashville, Tennessee. The Fresh Start online dealer market is currently scheduled to take place Jan. 28-29. House-Hasson president Don Hasson …
Read More »Preparing for a DIY Holiday Season
New research from The NPD Group reveals more shoppers are choosing to take care of household projects they would normally have hired someone else to do before the start of COVID-19. The research firm finds more DIYers are handling general …
Read More »COVID-19’s Impact on 2020 and Beyond
New consumer information from market research firm The NPD Group (NPD) shows the popularity of DIY home improvement projects is a trend that looks poised to continue. NPD’s Checkout service tracks consumer behavior across all retail channels, illuminating trends in …
Read More »Markle Do it Best Hardware Proves to be Essential and Generous
Markle Do it Best Hardware in Markle, Indiana, was one of the only businesses still open in its community when Indiana required all nonessential businesses to close due to COVID-19. The store not only stayed open and served the rush …
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