Walmart is implementing some deep price cuts on products, and the effects could be far reaching. Companies impacted the most by the big-box retailer’s slashed prices include Target, Family Dollar and Dollar General, which may see lower earnings if they drop prices to compete, Business Insider reports this …
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Retailer Promotes Pumpkins for a Purpose
Pumpkins may sell well as seasonal decor, but at Akard True Value Hardware, they also promote good causes. Since 2013, the Zionsville, Indiana, store has promoted Pumpkins for a Purpose, a fundraiser and pumpkin painting contest. Organizations and people from the community bring to the …
Read More »Gift Card Draining: Another Form of Digital Theft
Imagine this–a customer approaches the checkout counter with a high-dollar item. He or she pulls out a partially-used gift card, and to the customer’s surprise, the balance comes up as zero. What happened? Your customer experienced a form of digital …
Read More »How to Score Big in the Hunting Category
To view a PDF of this story, click here. Are you looking for a consumer’s insights into the hunting category? Then read this in-depth Q&A with Bob Cutter, an avid hunter and NRHA’s vice president of sales, by clicking here. By Renee Changnon, …
Read More »A Hunter’s Tips for Success in Sporting Goods
Deer-hunting season is an anticipated event for both new and avid hunters. In the October issue of Hardware Retailing magazine, editors spoke with three different retailers who have experience selling the hunting goods category. To learn more about what these …
Read More »Retailer Celebrates 100 Years in Business
The village of Fort Recovery, Ohio, is known for its rich history, whether it’s the battles that took place on the land in the late 1700s or the businesses that have been staples for years. Wangler Hardware is one of …
Read More »Facebook Ads Designed to Help Grow In-Store Sales
Facebook has a new advertising option for brick-and-mortar retailers—dynamic ads for retail. Advertising on the social media site hasn’t been tied to changing in-store inventory data in the past, but the new “dynamic ads for retail will only showcase products …
Read More »6 Unique Retail Ideas From Colorado Stores
Discovering product trends, finding merchandising ideas and learning more about the home improvement industry are a few ways retailers can grow their businesses. Earlier this month, Renee Changnon and Tom Marcum with the North American Retail Hardware Association (NRHA) spent a day exploring Denver and surrounding communities …
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