Ever since buying his first store at age 23, James Cabirac hasn’t been afraid to try new things. Whether that means adding a milkshake machine to his salesfloor or hosting Pokemon Go parties, he makes sure to infuse fun into …
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Why Smart Home Technology Needs a Place in Your Store
To view a PDF of this story, click here. By Jesse Carleton, jcarleton@nrha.org Be an Early Adopter Meet David and Liz. They just purchased a new home. They also just purchased a new smart thermostat for that home, which means they …
Read More »Tips for Retaining Quality Employees
Once you find those employees who fit your company culture and deliver high customer service consistently, you want to keep them. While every hard-working employee deserves a good wage and pay raises, money isn’t the only motivator. Employees usually place …
Read More »Using Disney Strategies in Home Improvement
If you are looking for ways to improve your business by developing and retaining a stellar staff and providing excellent customer service, then take some lessons from Disney. After 16 years working for the entertainment company, former executive vice president Lee Cockerell wrote …
Read More »Investment in Distribution a Priority for Amazon
Amazon’s ability to provide quick delivery has been a long-time selling point, but that doesn’t come without costs. During the second quarter of 2016, Amazon spent $3.88 billion on its distribution network, or “fulfillment,” a 35 percent increase from the …
Read More »Preventing and Reducing Chargeback Fraud
Fraud is a big headache for business owners, and it may be impacting your cost of doing business more than you realize. Retailers with chargeback rates of four percent or higher may soon be facing even higher chargeback and merchant account …
Read More »A Succession Planning Timeline
In the July issue of Hardware Retailing, we wrote about the succession planning process and what buyers need to do as next-in-line owners of a business. We spoke with four retailers who were in the process of buying, or had recently …
Read More »Are You Ready to Sell?
Are you ready to sell a business? In the August issue of Hardware Retailing, we talked with four owners who had recently sold a business, or are in the process of selling a business. They talked about their experiences and …
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