Snacking isn’t just associated with junk food, and snack foods that contribute to better health are expected to continue growing in popularity. Key wellness-related reasons for eating snack foods include the “Nutritious/health benefit,” a “Healthy start to the day” and …
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Home Improvement Spending Reaches $425B
The U.S. home remodeling market grew by more than 50 percent since the end of the Great Recession, and home improvement spending reached $425 billion in 2017, according to the Joint Center for Housing Studies of Harvard University’s Improving America’s …
Read More »Understanding Implications of Chinese Tariffs
Jonathan Gold, a trade expert for the National Retail Federation, answered questions from Hardware Retailing about the effects of recent Chinese tariffs. He provides insight into new 25 percent trade duties levied on hundreds of billions of dollars in Chinese …
Read More »Small Business Economic Outlook Rises
According to data from the MetLife & U.S. Chamber of Commerce Small Business Index, employers in the U.S. feel more confident about the state of the nation’s economy and their own finances. In the latest index, the overall economic outlook …
Read More »Global DIY Summit Unites Home Improvement Industry
The seventh annual Global DIY Summit came to a close last Friday in Dublin. Throughout the three-day conference, representatives from around the world gathered to discuss issues impacting the home improvement market and the retailers serving it. The event, which …
Read More »Ace Hardware, True Value Top Customer Satisfaction Poll
Research firm J.D. Power has released its 2019 Home Improvement Retailer Satisfaction Study, and Ace Hardware and True Value have tied for first place for overall customer satisfaction. The survey gathered data from 2,433 customers who purchased a home improvement …
Read More »Selling Gift Cards and More for Father’s Day
Your home improvement store is likely full of Father’s Day gift options, especially since gift cards and tools are among the popular items consumers buy for their dads to celebrate the holiday. Consumers will be spending $16 billion on Father’s …
Read More »Further Growth Predicted for Home Improvement Market
Low unemployment, solid existing home sales and growth in product sales in 2018 are among the reasons the Home Improvement Research Institute (HIRI) projects continued sales increases for products in the U.S. home improvement industry. The consumer market for home …
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