by Olivia Shroyer | Jun 24, 2021 | Operational Insights
It goes without saying that marketing and advertising are immensely important for your business to bring in new customers and engage with current ones. But, if you’re an independent home improvement retailer, most likely marketing is not your only or primary hat. When...
by Olivia Shroyer | Jun 21, 2021 | Industry News
Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells Fargo Housing...
by Olivia Shroyer | Jun 21, 2021 | Industry News
The National Retail Federation (NRF) is upwardly revising its estimate on how much consumers will spend across retail sectors in 2021. The organization’s new estimate now stands at $4.4 trillion, and the NRF expects sales to grow between 10.5 and 13.5 percent above...
by Olivia Shroyer | May 27, 2021 | Industry News
New insight from the Home Improvement Research Institute (HIRI) is shedding light on how homeowners are completing home improvement projects. According to the U.S. Census Bureau, first-quarter 2021 sales for paint, decorating and wallpaper stores (NAICS 44412) rose...
by Olivia Shroyer | May 27, 2021 | Industry News, Operational Insights
The North American Hardware and Paint Association (NHPA) is now inviting paint and decorating retailers, hardware stores, home centers and lumberyards in the U.S. to participate in the 2021 Cost of Doing Business Study. For more than 100 years, NHPA has collected...