There are many legislative and business topics that impact the welfare of independent home improvement businesses and their owners. In an effort to bring some of those topics to light, the North American Retail Hardware Association (NRHA) is in the …
Read More »Tag Archives: nrha
Using Financial Benchmarking to Grow Profit
The variance in profit between a typical and high-profit store is $100,000. You have an opportunity to grow your store’s profit by understanding how your business compares to other operations in the industry. “Every business needs to know the benchmarks …
Read More »After Arson, Past NRHA Chairman’s Store a ‘Total Loss’
Everything higher than 2 feet off the floor is scorched or hardened into long plastic drips where it burned in Valley Supply Hardware during a recent fire set by arsonists. “It is a total loss. Everything is gone–computers, telephones, inventory,” …
Read More »City in Washington Wins Independent We Stand Contest
The votes are in for Independent We Stand’s first America’s Main Streets contest, and the winner of the $25,000 prize is downtown Lynden in Washington state. The organization, which exists to promote small businesses, organized the contest as a way to …
Read More »2016 Young Retailer of the Year: Kyle Martinez
Over $2 Million in Sales Interstate Building Materials, Many, Louisiana Owner Kyle Martinez had a dream to own a lumber and building materials retail operation, and when the time was right, that hope became a reality practically overnight. Since he was 10 …
Read More »NRHA Introduces Prescription Savings Program
The North American Hardware Association (NRHA) has launched a program to offer retailers an alternative way to get prescription medications at a discounted rate. These savings are made possible by RxCut®, a savings card program that is now available to …
Read More »2016 Young Retailer of the Year: Christian Herrick
Multiple Stores Randy’s Do it Best Hardware, Timberville, Virginia CEO After moving back to Virginia with his family in 2009, Christian Herrick was looking for a paycheck, so he started working part-time for his wife’s parents, Randy and Shirley Andes, at …
Read More »2016 Young Retailer of the Year: Aimee Nichols
Multiple Stores Berger Hardware, Hawthorne, New York, and Port Chester, New York Store Owner When Aimee Nichols was 22 years old, her father, Mark Rubeo, purchased Berger Hardware from a family friend. Soon after, Nichols started working at the store, and …
Read More »