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Tag Archives: nrha

5 Studies and Reports to Help Your Business

ResearchRoundup

All smart decisions are based on research, be it product development, marketing strategies or financial decisions. It’s important to look for trends, industry best practices and any other data that supports those decisions. At the North American Retail Hardware Association ... Read More »

6 Lessons From Michigan Hardware Retailers

Ann Arbor Trip

North American Retail Hardware Association (NRHA) staffers are regularly visiting independent home improvement stores, getting to know owners and employees and learning lessons on retail everywhere they go. In late June, NRHA’s Hilary Welter and Renee Changnon spent two days in Ann Arbor, ... Read More »

NRHA and Payment Alliance International Form Partnership

Payment Alliance International

The North American Retail Hardware Association (NRHA) and Payment Alliance International (PAI) have created a partnership to provide independent home improvement retailers with new credit card processing and payment services opportunities. A leader in electronic payment processing solutions, PAI currently serves ... Read More »

Checking In: Past Young Retailer of the Year Honorees

Young Retailer

To view a PDF of the story, click here.  For the past 20 years, the North American Retail Hardware Association (NRHA) has honored up-and-coming home improvement retailers age 35 and younger for their industry achievements with the Young Retailer of ... Read More »

NRHA Seeking Members for New Advocacy Advisory Group

Advocacy Advisor Group

There are many legislative and business topics that impact the welfare of independent home improvement businesses and their owners. In an effort to bring some of those topics to light, the North American Retail Hardware Association (NRHA) is in the ... Read More »

Using Financial Benchmarking to Grow Profit

Financial Benchmarking

The variance in profit between a typical and high-profit store is $100,000. You have an opportunity to grow your store’s profit by understanding how your business compares to other operations in the industry. “Every business needs to know the benchmarks ... Read More »

After Arson, Past NRHA Chairman’s Store a ‘Total Loss’

Arson

Everything higher than 2 feet off the floor is scorched or hardened into long plastic drips where it burned in Valley Supply Hardware during a recent fire set by arsonists. “It is a total loss. Everything is gone–computers, telephones, inventory,” ... Read More »

City in Washington Wins Independent We Stand Contest

America's Main Streets

The votes are in for Independent We Stand’s first America’s Main Streets contest, and the winner of the $25,000 prize is downtown Lynden in Washington state. The organization, which exists to promote small businesses, organized the contest as a way to ... Read More »