Most reports about millennials have shown that this younger age group is delaying major purchases and life changes due to the recession and an immense amount of college debt. Most millennials are single, pay rent and spend less on items …
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What is Going on in Housewares?
To view the full video click here. Housewares sales are returning to pre-recession levels as more consumers are willing to spend money on extras, such as cookie sheets and blenders. This video shows recent statistics on housewares trends, including yearly sales, category share estimates …
Read More »NRHA’s Retailer Research Panel
The North American Retail Hardware Association (NRHA) is looking for retailers who value fresh, pertinent research on best practices and trends in the home improvement retail sector. If you fit this description, join our Retailer Research Panel. Read the instructions below …
Read More »Made in America More Important than Locally Owned
As the shop local movement continues to gain momentum in towns and cities across America, the emphasis is being placed on small local businesses. However, a majority of these small businesses source their products from different countries or from manufacturers …
Read More »Shopping Behaviors of Men and Women
In the past, men and women had extremely different shopping patterns and behaviors, leading to the coining of the term “mansumer” in 2012. However, as the omnichannel shopping experience has become easier, the shopping behaviors of men and women are …
Read More »Where the Water is Flowing: New Trends in Plumbing Technology
To download a PDF of this full story click here and visit hardwareretailing.com/plumbing-selling-guide to download the Plumbing Selling Guide and full-page water fact sheet. When you think about all of the categories within a home improvement store where technology has had an impact, plumbing may …
Read More »Why do Consumers Shop at Home Depot?
Continuous research and The Home Depot’s annual revenue have shown the company is king of the big boxes. DIYers along with pros frequent its stores, leading Home Depot to increased sales growth. But why exactly do consumers choose Home Depot …
Read More »Pay Attention to Mobile Pay in 2015
Many retailers and consumers will be helping grow the trend of mobile payments. Mobile payment options such as Apple Pay, Google Wallet and others are still relatively new services, but their use is expected to increase rapidly in the next few years, according to …
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