Knowing how you measure up to industry financial averages is crucial to evaluating your business. To help you benchmark your business and plan for the future, the North American Retail Hardware Association (NRHA) has once again compiled financial data from more …
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Amazon’s New Delivery Fleet vs. UPS, FedEx
Amazon has rapidly amassed its own delivery fleet of trucks and cargo planes, now competing with the companies that used to deliver millions of its boxes. As of August, the e-commerce retailer now owns 4,000 truck trailers and leases 40 jets, according …
Read More »Lowe’s Introduces LoweBot, the Customer Service Robot
Lowe’s is adding more robots to its staff roster. The company plans to start using robots on the sales floors of multiple California stores this fall. The big-box retailer will be introducing LoweBot, a NAVii autonomous retail service robot by Fellow Robots, at 11 Lowe’s …
Read More »Lowe’s and Amazon Partner on Smart Home Technology
Retail competitors Lowe’s and Amazon are joining forces to make their technology work together in smart homes. The incompatibility of different brands of devices has hindered the smart home market, but Amazon and Lowe’s are integrating their products so their brands can work together in …
Read More »Are Small Business Regulations Killing You?
If you are overwhelmed by all of the regulations small businesses are facing these days and need some straightforward guidance on how to respond to the mandates aimed at your operation, then the North American Retail Hardware Association (NRHA) has some …
Read More »Sears Is Getting Back in the Paint Business
After four years’ absence from the market, Sears has decided to go back to selling paint. The company announced the plan earlier this week, shortly after reporting a drop in net sales in the second quarter, according to an article from …
Read More »Giving Generously After Louisiana Flooding
The devastating floodwaters in Louisiana that killed more than a dozen people and heavily damaged thousands of homes and businesses in mid-August inspired a flood of another kind. Residents, businesses, churches and other organizations organized an outpouring of generosity. Home improvement retailers reacted quickly, …
Read More »Retailers Find Ideas, New Products at Orgill Dealer Market
From new products to concept stores to promotional areas, the Orgill Fall Dealer Market had a lot to offer retailers. The buying show was Aug. 25-27 at the Sands Expo Convention Center in Las Vegas. “It’s been a good show,” says …
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