New restrictions meant to slow the spread of COVID-19 went into effect this weekend in California, impacting roughly 33 million people in the state, CNN reports. Approximately 27 million residents in San Joaquin Valley and southern California, which includes Los …
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Monitoring market trends in consumer sentiment, home improvement rates and construction figures can help you anticipate emerging opportunities for your business. Use the tables below to get a deeper understanding of a few of the forces affecting independent home improvement. …
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Anxiety about COVID-19 has shifted where and how people will shop for the holidays. Research from professional services firm Deloitte shows that more than half of shoppers feel anxious about in-store shopping due to the pandemic. Independent home improvement retailers …
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Despite uncertainty early in the year, retail sales have remained strong across sectors, including historic sales for home improvement (NAICS 444) and nonstore companies (NAICS 454) like Amazon. Referencing retail sales for September, National Retail Federation president and CEO Matthew …
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Early in the COVID-19 pandemic, Sam Ransdell of Burney True Value Hardware in Seven Lakes, North Carolina, realized that ordering face masks to sell wasn’t going to meet his community’s needs. Demand was too high nationally for Ransdell to get …
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The 2021 International Hardware Fair has been canceled, event organizer EISENWARENMESSE has announced. The event was previously scheduled to take place in Cologne, Germany, Feb. 21-24. Many of the exhibitors scheduled to appear at the event faced international travel restrictions, …
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The traditionally busy shopping season from Thanksgiving Day in the U.S. to Cyber Monday has looked quite a bit different in 2020. The Associated Press reports the COVID-19 pandemic kept in-person Black Friday shopping crowds thin, but a surge in …
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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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