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Tag Archives: research

NRHA’s 2016 Social Media Study

Hardware Retailing magazine’s March 2016 issue features an article focused on retailers who have high-performing social media accounts for their businesses. The story also identifies ways retailers can grow their engagement and audience on social media platforms. The full story can be found here. The North …

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Are Shoppers Buying Gifts for Grads at Your Store?

American shoppers spend billions of dollars on gifts annually to celebrate new high school and college graduates and help them transition into their new seasons of life. The average person buying graduation gifts will spend more than $100 per two graduates this spring, research from the …

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Are Your Operating Expenses Draining Your Profit?

Payroll, advertising, utilities, rent and more all add up to your total operating expenses–and if one of those expense lines gets too high, it cuts into your store’s profit. Ask yourself the following questions to determine if your expenses are …

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Make Your Father’s Day With Gift Sales

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Have you thought about how you will attract the interest and spending of customers shopping for Father’s Day gifts? In 2015, consumers spent $13 billion on gifts for dads, according to a National Retail Federation survey. That spending is significantly less than what shoppers …

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Pay Attention to These Trends in Remodeling

The National Association of the Remodeling Industry has identified five trends in home remodeling this year. Those trends are: Universal Design Homeowners are making modifications to their houses so they can live at home as they age. These home updates are intended to accommodate long-term health …

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What First-Time Homebuyers Want

First-time homebuyers may be waiting to buy houses, but that’s because they’re thinking long term, according to new research from Bank of America. The majority of new buyers are thinking about the future and wanting to skip small starter homes, looking at their …

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Be a Part of Something Big

Each year for the past 99 years, the North American Retail Hardware Association (NRHA) has conducted the Cost of Doing Business Study, the industry’s only inclusive retail benchmarking study. This study is extremely important and beneficial to a home improvement retailer …

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Selling to Make Your Mother’s Day

Warm weather is finally here and Mother’s Day is just around the corner. Is your store prepared and stocked for this busy time for selling housewares, flowers and other gardening products? In 2015, consumers spent $21 billion on gifts for Mother’s Day, …

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