As the holiday seasons roll around, make sure your operation is ready to attract customers and keep them shopping in your store with these promotional ideas. Thematic Sets: Connect related products. Instead of just stocking holiday lights, display them with …
Read More »Tag Archives: pricing
Major Retailers Navigate Impact of Recent Tariff Refunds
Many major retailers received tariff refunds in the second quarter following the Supreme Court’s rule that President Donald Trump did not have the power to impose tariffs, impacting earnings reports for the quarter. Top home improvement retailers allocated these extra …
Read More »U.S. Inflation Slows in November, Still Up 2.7% YOY
The U.S. Bureau of Labor Statistics reported today that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% on a seasonally adjusted basis over the 2 months from September 2025 to November 2025. Over the last 12 months, …
Read More »Profit Power: The Basics of Pricing Strategy
Like many facets of retailing, pricing strategy is part art and part science. How a retailer sets prices will have a direct impact on the viability of the business. Here are five pricing best practices that can help new managers …
Read More »Consumer Price Index Inched Up at End of 2024
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% on a seasonally adjusted basis in December, after rising 0.3% in November, according to the U.S. Bureau of Labor Statistics. The all items index rose 2.9% for the 12 …
Read More »Do it Best ‘Activates Growth’ With Focus on Data, Assortments, Pricing at Fall Market
Indianapolis welcomed back Do it Best members, vendors and channel partners for the co-op’s 2024 Fall Market September 6-9. The focus of the event—and the co-op’s priorities for its next fiscal year—are all related to driving growth for members through …
Read More »Effective Pricing Strategies for Home Improvement Retailers
While the supply chain woes seen during the pandemic have mostly worked themselves out, pricing will always be a priority for independent home improvement retailers. Often, however, pricing strategies in place for other industries don’t fit the needs of the …
Read More »Exclusive: Do it Best Merchandising VP Offers Houston Preview, Outlines Company Priorities
Ahead of the Do it Best Spring 2024 Market in Houston, Hardware Retailing had the opportunity to talk to vice president of merchandising Jason Stofleth. Learn more about the co-op’s strategies for helping retailers navigate inventory and increase foot traffic …
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