In major cities around the world, many consumers are looking for a sense of community and belonging. To help their customers along, many independent retailers are using their businesses to create an inviting space for like-minded people to gather. One …
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The North American Retail Hardware Association (NRHA) has released its Succession Planning Study. Succession planning is an ongoing challenge for retailers who do not have a successor in place or have not prepared a step-by-step exit plan for themselves before …
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The Home Depot’s sales and and net earnings rose in the last quarter of 2017, as well as during the full fiscal year. The company released its financial results Feb. 20, reporting $23.9 billion in sales for 2017’s fourth quarter, …
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Lowe’s has been testing in-store virtual reality experiences for customers, and now it is using the technology for employee training. The company has reimagined the consumer version of the tool, Holoroom How To, for workers, called Holoroom How To: Red …
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There are just a few days left to submit your nomination for the 2018 Young Retailer of the Year program before the Feb. 28 deadline! Now in its 22nd year, the Young Retailer of the Year program highlights the accomplishments …
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Homeowners are expected to spend nearly $340 billion on residential repairs and renovations in 2018, according to recent data from the Joint Center for Housing Studies of Harvard University. The organization released the latest Leading Indicator of Remodeling Activity (LIRA), which …
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Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …
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Independent retailers gathered in Washington, D.C., to discover new products, attend educational sessions, learn about marketing opportunities and network with industry peers at the True Value Spring Reunion. The day before the buying show began, retailers were invited to attend …
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