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Tag Archives: economy

Holiday Spending Grows — Especially Online

Holiday Shopping

Paying for more experiences and shopping with cash saved at the gas pump were among the reasons for an uptick in holiday spending in 2015. Overall spending jumped 7.9 percent from the previous year, according to the MasterCard SpendingPulse report. This ... Read More »

Strong Industry Growth, Big Possibilities

As seen in the North American Retail Hardware Association (NRHA) and Hardware Retailing’s 2015 Market Measure, the home improvement industry experienced favorable growth in 2015, growing nearly 5 percent above 2014. This steady growth was also seen in research gathered by ... Read More »

Employment Numbers Strong in November

U.S. employment numbers were solid for the month of November. The unemployment rate stayed steady at 5 percent and 211,000 new jobs were added nationally, according to new data from the Bureau of Labor Statistics. From October to November, the number of ... Read More »

Study: Consumer Confidence Will Bolster Holiday Sales

The holiday shopping season is already in high gear, and it looks like consumer confidence will translate to higher holiday sales this year, according to a study by Synchrony Financial. The study found that of the consumers surveyed, 47 percent are ... Read More »

151 Million People Shopped Thanksgiving Weekend

Black Friday

Thanksgiving weekend proved busy for retail, as millions of consumers shopped in stores and online. While Black Friday doesn’t necessarily garner the same frenzy from consumers it once did, the weekend still brought millions out to score deals and discounts, according to The Washington Post. ... Read More »

2015 Market Measure

To download a PDF of the complete 2015 Market Measure, please complete the form at the bottom of the page. It doesn’t take an Ivy League economist to explain what happens when consumers have more money in their pockets, their homes’ ... Read More »

House-Hasson’s Big Year for New Stores, Remodels

This year has been big for House-Hasson Hardware, which completed more new stores and remodels for dealers in 2015 than in any other year in the company’s history. House-Hasson reached store-set records for itself in 2013 and 2014, but this past ... Read More »

Shopping at Amazon Vs. a Local Business

Consumers need to understand the impact of buying products through Amazon rather than local businesses, such as independent home improvement retailers. Here’s a way to educate your customers. The Advocates for Independent Business created an infographic that shows the difference consumers make on ... Read More »