While battery-powered outdoor power equipment is still not the majority, it is gaining traction, according to data from The Farnsworth Group. Stemming from the COVID-19 pandemic, DIY home improvement projects, many of which involve outdoor power equipment, have risen in …
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How Are You Investing?
MEASURING THE PERFORMANCE of independent home improvement operations helps the entire channel understand how they compare to the industry at large. Since 2022, the North American Hardware and Paint Association (NHPA), in partnership with The Farnsworth Group, has fielded the …
Read More »Q4 Sales, Transaction Count Down, Transaction Size Up Slightly in Retailer Index
Each quarter, the North American Hardware and Paint Association (NHPA), in conjunction with The Farnsworth Group, surveys independent retailers on several key operating metrics. The Independent Retailer Index asks retailers across the U.S. about their year-over-year performance in the previous …
Read More »Share Your Data, Get a Cup of Coffee on Us
The latest installment of the NHPA Independent Retailer Index is brewing, and we need your participation. The Independent Retailer Index measures key performance indicators of independent retailers each quarter, and the aggregated data is released to allow you to compare your …
Read More »Catch Up on the Independent Retailer Index Quarterly Report
How the Index Works for You: Sign up to receive updates on when surveys go live and download the reports at YourNHPA.org/retailer-index. The Independent Retailer Index, developed by the North American Hardware and Paint Association (NHPA) in partnership with The …
Read More »How DIYers Are Handling Product Shortages
The Home Improvement Research Institute (HIRI) recently partnered with The Farnsworth Group to track sentiments among homeowners in the midst of continuing supply chain issues, increasing prices and product shortages. The survey included homeowners who choose to complete projects themselves …
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 »Home Improvement Momentum Continues in May
After a year of record sales and renewed interest in the home improvement channel, take a moment to review some of the latest industry data to better understand your DIY and pro customers. The Farnsworth Group has released new research …
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