There are only days left to participate in the Cost of Doing Business Study, an annual financial benchmarking tool that delivers powerful data to independent home improvement center, hardware store and lumberyard operators. Each year, independent operators across the U.S. …
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June Home Improvement Sales Rise 17% Over 2019
Sales at U.S. home improvement stores (NAICS 444) in June rose 17 percent over the same period in 2019, new data from the U.S. Census Bureau shows. Overall U.S. retail sales climbed 7.5 percent over May as many businesses reopened …
Read More »Paycheck Protection Program Extended to Aug. 8
The eligibility period for small businesses to apply to the Paycheck Protection Program (PPP) has been extended until Aug. 8, according to NPR. The program, which extends potentially forgivable loans to businesses negatively affected by COVID-19, was set to expire …
Read More »Pending Home Sales Show 44% Rebound in May
Pending home sales in the U.S. made a sharp rebound in May after declines in March and April, a possible sign of real estate and home construction stability after volatile weeks of COVID-19 disruption. The National Association of Realtors (NAR) …
Read More »NRHA Data Reveals COVID-19’s Home Improvement Impact
To understand how COVID-19, shelter-in-place restrictions and customers’ new expectations for safe, reliable home improvement shopping were impacting the industry, the North American Retail Hardware Association (NRHA) recently deployed the COVID-19 Business Impact Survey. In total, nearly 300 independent home …
Read More »Evaluate Your Business With Help From NRHA
Do you know how your operation stacks up against typical and high-performing retailers? NRHA is now collecting information from independent U.S. hardware stores, home improvement centers and lumberyards for the 2020 Cost of Doing Business Study. From sales per square …
Read More »Exploring COVID-19’s Effect on Construction Projects
Amid COVID-19, market research firm The Farnsworth Group and the Home Improvement Research Institute have hosted regular webinars for home improvement retailers, vendors and channel partners to explore how the pandemic was impacting DIYers and contractors. In a recent session, …
Read More »Get Powerful Insights With the 2020 Cost of Doing Business Study
There are only days left to contribute your operation’s financial data to the annual Cost of Doing Business Study. Learn more about the study and submit your data before July 15. Tracking each aspect of your business’s performance is more …
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