According to a CNBC article, the average U.S. consumer spends $5,400 each year on impulse buys. Data from Brandon Gaille Small Business & Marketing Advice indicates that 90 percent of people today make occasional impulsive purchases and 75 percent of those …
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In the 1990s, “As Seen on TV” branded products moved from the small screen to retail. During that time, many home improvement stores incorporated the products into inventory and displayed them on end caps. Around 2014, as the novelty of …
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With a reduction in U.S. recycling programs due to China’s waste import restrictions on plastics and other solid materials, conscientious consumers have turned to the other two points of the environmentally friendly triangle: reuse and reduce. This trend impacted sales …
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The Home Improvement Research Institute (HIRI) recently collected data regarding what motivates home improvement customers to tackle gardening and landscaping projects. Their data can help you strategize your inventory to best meet these customers’ needs before spring weather returns to …
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Use the following industry metrics to anticipate emerging trends and opportunities in the channel. Data is not seasonally adjusted, meaning these graphs represent real-time shifts in the market. Understand consumers’ desire to save or spend by gauging overall consumer confidence …
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At the Kitchen & Bath Industry Show (KBIS), international manufacturers showcased products featuring the latest technology and trends in the industry. As North America’s largest trade show dedicated to all aspects of kitchen and bath design, KBIS enables lesser-known manufacturers …
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Last year, the National Hardware Show (NHS) responded to current and projected growth in the smart home industry with a new display in the middle of the Homewares vendor area. The Interactive Smart Home allowed visitors to walk through a …
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The world of the Jetsons we enjoyed as kids is no longer a futuristic cartoon, out of reach. We may not have flying cars, but we have robots that vacuum and thanks to the internet of things, our homes provide …
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Hardware Retailing The Industry's Source for Insights and Information
