by Olivia Shroyer | Jan 2, 2023 | Operational Insights
Not every job description is created equal. While entry level positions are generally the same, upper level positions are not. Managers will require different qualifications, such as higher education and previous experience. Here are 5 things to keep in mind when you...
by Olivia Shroyer | Dec 5, 2022 | Trends & Products
PANTONE has named Viva Magenta as its 2023 Color of the Year. The hue vibrates with vim and vigor and is a shade rooted in nature, descending from the red family and expressive of a new signal of strength. Viva Magenta is brave and fearless and a pulsating color whose...
by Olivia Shroyer | Oct 6, 2022 | Industry News, Operational Insights
If you’re not making price changes today, you may not be in business tomorrow. That’s the stark reality of a market plagued by higher-than-normal inflation and supply chain issues. When cost outruns the shelf price, retailers who fail to keep up may run out of cash. A...
by Olivia Shroyer | Sep 27, 2022 | Operational Insights
Understanding how to effectively set prices could be intimidating for a new manager. Like many facets of retailing, pricing strategy is part art and part science. How a retailer sets prices will have a direct impact on the viability of the business. New managers who...
by Olivia Shroyer | Sep 15, 2022 | Industry News
NHPA’s 2022 Cost of Doing Business Study is now available. For more than 100 years, independent home improvement retailers have trusted this annual benchmarking tool to understand how their businesses compare financially to typical and high-profit operations and...
