In its annual retail survey, the National Retail Federation (NRF) found that retail shrink is an almost $100 billion problem. NRF’s Retail Security Survey is an annual survey of retail loss prevention professionals that covers national retail security issues such …
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HIRI Predicts Deceleration of Home Improvement Spending Through 2024
The Home Improvement Research Institute (HIRI), the nation’s leading resource for market research concerning the home and building products industry, has forecasted the current national inflation bulge will lead to a deceleration in home improvement spending. Growth in the total …
Read More »Eli Bliffert to Receive a 2023 Wisconsin Titan 100 Award
Eli Bliffert, vice president of Bliffert Lumber & Hardware, has been named a 2023 Wisconsin Titan. The Titan 100 program recognizes Wisconsin’s Top 100 CEOs & C-level executives. Bliffert represents one of the area’s most accomplished business leaders in his …
Read More »Buchheit Acquires 12 New Retail Locations
The Buchheit Family of Companies announced its acquisition of 12 retail locations formerly owned by Orscheln Farm & Home Company. Buchheit obtained these stores through the acquisition of Orscheln by Tractor Supply Company. The 12 locations are part of a …
Read More »How One Retailer Learned to Pivot While Succession Planning
Chris Cummings thought he had all of his boxes checked when it came to succession planning. The owner of The Paint Center in Abilene, Texas, had hired two younger employees, Kinsey Brown and Anthony Martinez, with the intention of grooming …
Read More »Wallace Hardware Fall Dealer Market Continues Anniversary Celebration
Wallace Hardware continued its 100th-anniversary celebration at the 2022 Fall Dealer Market, which took place Sept. 27-29 at the Sevierville Convention Center in Sevierville, Tennessee. The company and attendees got a special treat with Grand Ole Opry members Marty Stuart …
Read More »NHPA Independent Retailer Index Shows Increases in Transaction Size, Total Sales and Inventory Investment for Q2
The North American Hardware and Paint Association (NHPA), in partnership with The Farnsworth Group, has released results from the first Independent Retailer Index, a quarterly survey that measures key performance indicators in the independent home improvement channel. In a survey …
Read More »Wild Wonder Named AkzoNobel’s 2023 Color of the Year
AkzoNobel’s Color of the Year for 2023 is Wild Wonder, a hue inspired by the warm tones of harvested crops. The upbeat glow connects us with nature, creating a sense of energy and positivity. As people search for support, connection, …
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