The Home Improvement Research Institute is predicting a decrease in flooring sales this year, but retailers can prepare for the downturn by staying up to date on what’s trending and stocking the flooring that customers are most likely to purchase. …
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Responding to Customer Needs in the Outdoor Recreation Category
According to the 2021 Outdoor Participation Trends Report produced by the Physical Activity Council, in 2020, 53% of Americans ages six and over participated in outdoor recreation at least once, the highest participation rate on record. With interest growing across …
Read More »Insights From The Home Improvement Research Institute
We at the Home Improvement Research Institute (HIRI) are routinely asked, “Where is the home improvement market headed?” The answer to this question has always been, “Well, it depends on which segment or category of the industry.” This question has …
Read More »3 Ways to Invest in the Next Generation
According to the National Kitchen and Bath Association, 41% of skilled professionals will age out or retire by 2030 and for every five boomers who retire, there’s only one person to fill those jobs. Here are steps retailers can take …
Read More »New Products – July 2022
Top Handle Chainsaw Makita’s 18V LXT® Lithium-Ion Brushless Cordless 12-Inch Top Handle Chain Saw offers up to 150 cuts with 2×2 cedar, 20% faster than a 22cc gas engine chainsaw. Its compact, top handle design is ideal for pruning, trimming …
Read More »Why New Movers Make Good Customers
According to V12’s 2021 New Mover Trends Report, 83% of new movers take on home improvement projects and 64% purchase home improvement items before their move. As consumers relocate, retailers have the opportunity to gain new customers and cash in …
Read More »Attend the 2022 Young Retailer of the Year Virtual Event
Meet the next generation of independent home improvement retailers at the 2022 Young Retailer of the Year virtual celebration hosted by the North American Hardware and Paint Association (NHPA) on July 20. Through the Young Retailer of the Year program, …
Read More »Why Your Operation Needs Employee Development
In the human body, atrophy occurs when a person does not use a muscle for a period of time, resulting in limited or lost function. Atrophy of sorts can also occur in the workplace; when employees aren’t working toward goals …
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