By Jim Close Managing Partner Risk Management Services Loss Prevention In the previous article, we looked at some of the most common methods dishonest employees use to steal. The focus was primarily around fraudulent register transactions. In this article, we …
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By Gary Pittsford Partner & Chief Valuation Officer (ret.) and Consultant Creative Planning Business Services In August, the North American Hardware and Paint Association (NHPA) recognized its 2024 Young Retailer of the Year honorees at the Independent Home Improvement Conference. …
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By Jared Brown Director of Business Intelligence The Aubuchon Co. I recently had a deep conversation with a peer who boasts over five decades of experience—he’s been working in hardware since before I was born. Despite our experience and age …
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By Austin Diehl Director of Retail Operations Randy’s Do it Best Hardware It’s no secret there are thousands of hardware retailers selling similar products and services across the U.S. Many of those stores are involved in some form of digital …
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By Tony Corsberg Principle Merchant5 Advisors Product assortment is the bedrock of retail. Assortment planning is the process of selecting the right items to be presented in a limited selling space that meet customers’ needs and are productive inventory within …
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