For years, private label has been viewed primarily as a margin play. Across the independent home improvement channel, retailers consistently point to higher margins and price competitiveness as the primary reasons for carrying private label products. In many stores, private …
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Fueling Growth: 10 Promotional Ideas to Optimize Sales
Serving as a key driver of customer counts and transaction size, promotions bring customers into your store and encourage them to make more or larger purchases. As the busy summer selling season wraps up and retailers begin to promote upcoming …
Read More »SBSI Announces Key Leadership Promotions
Southeast Building Supply Interests (SBSI) recently announced several organizational leadership promotions in the company. Rob Eaton will continue providing sales and operational leadership for Alpha Building Supply in Montgomery, Alabama, and Buettner Brothers Lumber Company in Cullman, Alabama. In addition, …
Read More »New Home Sales Jump 7.4% in March
Constrained supply of existing homes and modest improvement in mortgage rates pushed new home sales higher in March, according to the National Association of Home Builders. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported …
Read More »Building B2B From the Ground Up
When it comes to knowing where to start with B2B in your business, retailers who have found success in this area suggest starting small to attract these pro customers. Jay Donnelly, owner of Flanagan Paint & Supply with five locations …
Read More »Bliffert Lumber Announces Sales Promotion
Bliffert Lumber announced the promotion of Lauren Parsons to director of sales. Parsons joined the company in 2022 as a sales manager and has since been instrumental in shaping and executing its sales strategy. “Lauren has shown tremendous drive and …
Read More »Existing-Home Sales Rise in February
Existing home sales rose 4.2% in February according to data from the National Association of Realtors (NAR). For both monthly and year-over-year (YoY) sales, two major U.S. regions experienced growth, one region remained stable and two others noted a decline. …
Read More »Target Releases Q3 Financials
Target announced its financial results for the third quarter of 2024, noting strength in the digital channel as a main driver of sales growth. Comparable sales increased 0.3% in Q3, with digital sales increasing by 10.8%, due to same-day delivery …
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