A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …
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Product Shortages Causing Builders to Raise Prices, Preorder
It’s no secret that building materials are in short supply and the price of lumber and other supplies has increased significantly. In May 2021, the National Association of Home Builders (NAHB) surveyed builders in its annual Housing Market Index. Builders …
Read More »Add Your Voice to the Small Business Rising Movement
Small Business Rising, a new coalition of independent businesses, launched in April urging policymakers to reign in monopolies and level the playing field for independent businesses to compete and serve the needs of their communities. Hardware Retailing recently spoke to …
Read More »How COVID-19 Affected June Home Improvement
Market research firms The Farnsworth Group and the Home Improvement Research Institute have released their final COVID-19 tracker report, highlighting the many ways in which the pandemic has affected home improvement DIYers and pros. Take a look at the latest …
Read More »3 Reasons Why You Should Participate in the Cost of Doing Business Study
The deadline for the North American Hardware and Paint Association (NHPA)’s 2021 Cost of Doing Business Study has been extended to July 15. The study is the only inclusive industry benchmarking study—giving you a complete analysis of how your business …
Read More »Tracking the Latest Home Renovation Trends
New data from home renovation and design platform Houzz is revealing what homeowners want from their residential renovations. Featuring insight from more than 75,000 Houzz users, including nearly 37,000 U.S. homeowners, the 2021 Renovation Trends report can help you market …
Read More »True Value Invites Retailers to 2021 Fall Reunion
True Value CEO Chris Kempa is inviting all independent hardware retailers to the company’s Fall 2021 Reunion in Chicago, taking place Sept. 30 – Oct. 2 at McCormick Place. The theme of the three-day event is “All In,” providing both …
Read More »3 Online Courses to Help Managers Excel
Invest in your managers with an online leadership development program to boost their skills, knowledge and confidence. The North American Hardware and Paint Association’s (NHPA) Foundations of Leadership program provides leaders with home improvement industry-specific training. The program offers three …
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