Sales in 2015 grew by 5.81 percent, with the typical hardware store seeing a 2.9 percent profit increase; and, high-profit hardware stores outperformed with a 7.1 percent profit increase. The contributing factors for the high profit stores include higher customer …
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Prepare Your Business for Black Friday, Winter Holidays
With November well underway, one of the busiest seasons for retail has begun. According to the National Retail Federation’s 2015 holiday consumer survey, holiday spending will be comparable to last year, with retail sales expected to rise 3.7 percent. Consumers plan …
Read More »It’s Time to Reassess Your Insurance Plan
The year 2015 is coming to a close, which means it’s time for business owners to think about renewing or purchasing a health insurance plan for the coming year. NRHA’s health insurance expert Bob Chiesa, president of Custom Benefits Insurance …
Read More »Capitalize on the Hometown Advantage
The North American Retail Hardware Association (NRHA) can help you leverage data on the benefits of shopping local for events such as Small Business Saturday, which is Nov. 28. Now more than ever, consumers like knowing where their money is …
Read More »Resource: Home Sweet Home Holiday Signage
The North American Hardware and Paint Association (NHPA) and Independent We Stand are offering free marketing materials for you to promote your store’s important local economic impact to shoppers before Black Friday and the winter holidays. The materials leverage findings from a recent study, which shows …
Read More »NRHA Opens, Dedicates New Downtown Headquarters
In October, the North American Retail Hardware Association (NRHA) officially opened its new headquarters with a dedication ceremony that brought together retailers, members of NRHA’s board of directors and other industry friends. The newly renovated building is located at 136 N. …
Read More »Dancing Robots One of Many Highlights at China Show
The China International Hardware Show 2015 (CIHS 2015) began Wednesday in Shanghai, China, with attendees and exhibitors spanning the massive showfloor in search of new products and great deals. The show, which runs Oct. 21-23, covers more than 1.6 million square …
Read More »Ask Away! We’re Taking Insurance Questions!
Not sure what to look out for when selecting specific business insurance services? Unsure whether or not your health insurance plan complies with laws and regulations? Representatives from Custom Benefits Insurance Group Inc. and Member Insurance will be sitting down …
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