The rates U.S. merchants pay to accept Visa cards at their stores will see its highest rise in a decade, according to a new report from Bloomberg. Visa’s interchange rates, which are fees charged each time a consumer uses a …
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Harness the Power of Email Marketing
A new article from email marketing resource Campaign Monitor highlights the ways strategic email marketing campaigns can bring fresh results for all industries, including independent home improvement. Check out some of the key highlights from the report below and explore …
Read More »24 States Raise Minimum Wage in 2020
As the new year arrived, 24 states across the U.S. have either raised their state’s minimum wage or plan to do so in the coming months, according to U.S. News & World Report. In addition, workers in the District of …
Read More »More U.S. Workers Eligible for Overtime Pay
Under a new advisory from the Labor Department, 1.3 million U.S. workers are now eligible for overtime pay, NPR reports. Under current law, most workers making about $23,660 a year are eligible for overtime pay. Starting Jan. 1, 2020, the …
Read More »10 Blasts From Hardware Retailing’s Past
Over more than a century, Hardware Retailing has adapted to the times to help independent retailers like you stay on the forefront of emerging industry trends and technology to find new paths to success. From profiles of enterprising young retailers …
Read More »How I Did It: Began Operating a 24/7 Store
Trust PRO Hardware in Indianapolis has an unusual claim to fame in the home improvement industry: 24/7 hours. Owner Adam Taylor opened the store in 2012 in a 3,200-square-foot space. Early on, he experimented with operating between 5 a.m. and …
Read More »Now Available: 2019 Cost of Doing Business Study
Understanding how your business compares to similar operations is a crucial step in mastering your finances and planning for future success. Each year, the North American Retail Hardware Association (NRHA) surveys thousands of retailers to deliver that knowledge to independent …
Read More »Inside the Acquisition Strategy of Gordon’s Ace Hardware
Mergers and acquisitions are powerful forces in home improvement retail. The rate by which they’re completed has risen by 58 percent in the U.S. in the last decade, and in 2017, the total of all such deals amounted to $1.9 …
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