From external economic pressures to industry challenges, protecting margin is becoming even more crucial for independent home improvement retailers and even more difficult. During a recent webinar hosted by the North American Hardware and Paint Association (NHPA), ECI Software Solutions …
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In two weeks, the reimagined National Hardware Show will kick off as NHS Concept to Commerce. NHS Concept to Commerce will be the only trade show in the home improvement industry uniting retailers, brands, manufacturers, distributors, inventors, private-label providers and …
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Ace Hardware’s group purchasing program, SAVINGSource, is celebrating its 10th anniversary this year and approaching a major milestone: $100 million in collective savings since its launch in 2015, with projections to surpass that milestone by year-end. “Reaching $100 million in …
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In January, U.S. inflation started high and has bounced up and down throughout the year. According to the U.S. Bureau of Labor Statistics, inflation hit a 40-year high of 9.1% in July. By October, the inflation rate dropped to 7.7%, …
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