With an Excel file, a few well thought out formulas and a desire product selection at the basic level, Cody Miller created his own program for determining the profitability of each department—down to a 4-foot section in each—in his operation’s …
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Benchmark Your Business With the NHPA Cost of Doing Business Study
How do your numbers stack up against industry averages? The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating outlet retailers to participate in the 2023 Cost of Doing Business …
Read More »Do it Best Names New Director of Communications
Do it Best has named Allison Meyer as its newest director of communications, effective immediately. In this role, Meyer leads a team focused on communicating the Do it Best story, which includes highlighting the programs, services and solutions that help …
Read More »5 Strategies From The Aubuchon Co. to Improve Inventory Management
Even when the lingering supply issues from the COVID-19 pandemic resolve, inventory management will continue to be a high priority for retailers. Jared Brown, director of business intelligence for The Aubuchon Company, shares five insights into making the process easier …
Read More »Hillman Opens 305,000-Square-Foot Distribution Hub
Hillman Solutions Corp., a leading provider of hardware products and merchandising solutions, opened a brand new distribution center in Belton, Missouri. Relocating from Rialto, California, Hillman’s new facility is approximately 305,000 square feet. “As 85% of the U.S. population can …
Read More »John Mellencamp to Perform at True Value 2023 Fall Reunion
True Value announced that legendary singer-songwriter John Mellencamp will be the headline entertainment at its 2023 Fall Reunion. Mellencamp will perform a concert on Thursday evening, Sept. 14, at the George R. Brown Convention Center in Houston. “We are delighted …
Read More »Sherwin-Williams Reports 2023 Q1 Financial Results
Sherwin-Williams announced its financial results for the first quarter of 2023. Consolidated net sales for Sherwin-Willams 2023 Q1 increased 8.9% to $5.44 billion and net sales from stores in the U.S. and Canada open more than twelve calendar months increased …
Read More »Bed Bath & Beyond Goes Bankrupt, Attributes Lack of Innovation
Once a giant among big-box retailers, Bed Bath & Beyond filed for bankruptcy this week and is starting the process of closing its 360 locations, as well as 120 BuyBuy Baby stores. According to NPR, the company missed the mark …
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