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Tag Archives: research

Retailers Speak on Financial Industry Research

Cost of Doing Business

For 100 years, the North American Retail Hardware Association (NRHA) has been putting together the Cost of Doing Business Study annually. The study collects financial information from more than 1,000 independent home improvement businesses. From the data industry averages are determined ... Read More »

New Study: When Pros Buy Local, Communities Benefit

Home Sweet Home

The North American Retail Hardware Association (NRHA) and Independent We Stand released a new study May 9 that provides insight into how much home improvement professionals can impact their communities by buying local. The Home Sweet Home: Pros’ Edition study examines the positive ... Read More »

360-Degree Views: Amazon, Tractor Supply, Walmart and Target

360

You know who your big-box and online competitors are, but do you truly understand the inner workings of their business? To help independent retailers grasp what’s going on with some of the world’s largest retailers, Hardware Retailing has been compiling packages ... Read More »

A 360-Degree View of Target

Target 360

To view the complete PDF of this story, click here. By Renee Changnon, rchangnon@nrha.org, Kate Klein, kklein@nrha.org, and Melanie Moul, mmoul@nrha.org  Target has a reputation: The big-box retailer with flair. The company’s stores are destinations for parents picking up groceries, newly ... Read More »

Selling to Animal Owners, Even if Pet Products Aren’t Your Niche

pet products

Millions of U.S. households own animals, and on any given day, these owners are in the market for everything from dog sweaters to pet-friendly home renovations. According to the National Association of Realtors, nearly 60 percent of U.S. households own ... Read More »

2017 Cost of Doing Business Study: What’s In It for You?

Cost of Doing Business

Would you like to know how your store compares to average and high-profit home improvement stores? When you participate in the 2017 Cost of Doing Business Study, the North American Retail Hardware Association (NRHA) will give you free benchmarking tools ... Read More »

Homeowners Spending More on Kitchen Upgrades

Homeowner spending on kitchen upgrades is on the rise, according to a recent study from Houzz, the online home improvement community. In November, Houzz surveyed more than 2,700 homeowners who were in the midst of a kitchen renovation project, were ... Read More »

HIRI, The Farnsworth Group Announce Partnership

HIRI

The Home Improvement Research Institute (HIRI) is continuing to deliver market research on the home improvement industry through a new partnership with market research firm The Farnsworth Group, according to a recent press release from The Farnsworth Group. Through this ... Read More »