Provided by the Home Improvement Research Institute To start 2022, the U.S. market was expected to transition out of the supply chain and labor difficulties caused by the pandemic. However, continued product and staffing shortages remained and were only intensified …
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Industry Insights: Forward Thinking With Chris Kempa
How did business change for True Value in 2022 compared to 2021? This year has been about maintaining and growing the pandemic-related boom the industry saw in 2021 and the sudden shift in consumer demand, specifically in the DIY and …
Read More »Industry Insights: Forward Thinking With Boyden Moore
How did business change for Orgill in 2022 compared to 2021? After two strong years of growth, we began to see growth moderate in 2022 and expect to end the year with an 8% increase in sales, which is likely …
Read More »Industry Insights: Forward Thinking With Rob Wallace
How did business change for Home Hardware in 2022 compared to 2021? Home Hardware Stores Ltd. stepped into 2022 focused on our vision to be Canada’s most trusted and preferred home improvement retail brand. Throughout the year, our team worked …
Read More »Industry Insights: Forward Thinking With Steve Synnott & Shari Kalbach
How did business change for HDA in 2022 compared to 2021? Distribution America and PRO Group joined forces in April 2022 to form Hardlines Distribution Alliance (HDA). We are striving to become a larger, more impactful and more efficient organization …
Read More »Industry insights: Forward Thinking With Dent Johnson
How did business change for Do it Best in 2022 compared to 2021? There were several notable business changes over the last year. We announced a major e-commerce initiative that will put our members in an even stronger position in-store …
Read More »Industry Insights: Forward Thinking With John Venhuizen
What were some challenges in 2022 and how did Ace address them? Inflation is a beast and the “tools” to tackle it—Federal Reserve tightening and interest rate hikes—are all designed toward demand degradation. In uncertain times like these, the natural …
Read More »Market Measure 2023: The Industry’s Annual Report
While we have all grown somewhat hardened to hearing terms like “uncertainty” and “unprecedented” over the past two years, as we close the books on 2022, we are still left trying to accurately define what the home improvement market is …
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