by Lindsey Thompson | May 1, 2023 | Industry News, Operational Insights
With an Excel file, a few well thought out formulas and a desire product selection at the basic level, Cody Miller created his own program for determining the profitability of each department—down to a 4-foot section in each—in his operation’s...
by Lindsey Thompson | May 1, 2023 | Industry News, Operational Insights
How do your numbers stack up against industry averages? The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating outlet retailers to participate in the 2023 Cost of Doing Business...
by Lindsey Thompson | May 1, 2023 | Trends & Products
Retailer Recommendations: Send an email to editorial@YourNHPA.org telling us about the products your customers love and why they are such a hit in your business. Specialty Paint MAJIC PAINTS | majicpaints.com or 800-848-1898 An all-in-one paint and primer perfect for...
by Lindsey Thompson | Apr 30, 2023 | Operational Insights
With 62% of Gen Z using TikTok—according to a study conducted by Material, a global strategy, insights, design and technology partner—joining the platform and building a following can cement relationships with future customers who will soon make up the majority of...
by Lindsey Thompson | Apr 28, 2023 | Industry News, Operational Insights
Even when the lingering supply issues from the COVID-19 pandemic resolve, inventory management will continue to be a high priority for retailers. Jared Brown, director of business intelligence for The Aubuchon Company, shares five insights into making the process...
