Business as a whole has changed because of the pandemic, and marketing is one area that has seen some big shifts in strategies during COVID-19 disruption. Businesses of every type must adjust and adapt to these changes or leave themselves …
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Analyzing 2021 Retail Sales Potential
The National Retail Federation (NRF) is evaluating how retail sales may perform in 2021 after 2020 saw both strong sales for some retail sectors and stalled activity in others. Overall, NRF says there are many economic indicators that point toward …
Read More »Tracking DIY Home Improvement Activity in 2021
Market research firms The Farnsworth Group and the Home Improvement Research Institute (HIRI) are tracking pro and DIY project activity as COVID-19 continues to impact the home improvement market. In the latest update focused on DIYers, new data reveals exactly …
Read More »Inside Big Boxes’ Fiscal Year 2020 Sales Results
2020 was a year of sales momentum for the home improvement market. As COVID-19 forced millions of people across the world to stay at home, they begin to see new potential for their living spaces and finally had the time …
Read More »Small Businesses Prioritized in Latest Round of Paycheck Protection Program
The latest round of Paycheck Protection Program (PPP) funding opened in January, and now, the Small Business Administration (SBA) is taking steps to prioritize lending to small businesses. To achieve this, the administration will: Establish a 14-day, exclusive PPP loan …
Read More »On the Web: March 2021
There’s much more to discover from the March 2021 edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success. There’s More to Explore… NHPA, Industry Leaders Sign Letter on …
Read More »OHSA Issues New Guidance Against COVID-19
In its report , The Occupational Safety and Health Administration (OSHA) provides updated guidance on safety measures and health standards employers should follow during the COVID-19 pandemic, listing the following as necessary steps: Conduct a hazard assessment. Identify control measures …
Read More »Lowe’s Reports $89B in 2020 Sales
Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …
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