Tag Archives: research

Social media is as big a part of consumers’ daily lives as TV or radio, and according to a North American Retail Hardware Association (NRHA) poll of 1,000 consumers, 30 percent of shoppers follow local businesses on social media. Social …

Use of smart home products is constantly increasing, but what products are consumers buying and which ones do they prefer most? An online survey conducted by Harris Poll on behalf of Lowe’s indicates that security cameras are the No. 1 …

In the July 2015 issue of Hardware Retailing, we revealed ground-breaking industry findings on behalf of the North American Retail Hardware Association (NRHA) and Independent We Stand. The data showed that twice as much money is kept in the local …

Distributor buying markets are the top ways retailers gather information about new products, product lines and programs, according to data from a 2014 North American Retail Hardware Association (NRHA) study. To better understand retailers’ common practices at distributor buying markets, …

Housewares sales have dropped overall in the U.S., but home improvement stores have increased market share for the category. Annual U.S. housewares expenditures slowed to 2.3-percent growth between 2013 and 2014, down from 5.9-percent growth between 2012 and 2013, according …

Home automation technology is an ever-growing retail segment, and products for home security and other house improvements are top sellers worldwide. Home security systems produced the most revenue –$1.51 billion–of all home automation products in a market that is growing rapidly, …

Working to increase your store’s average transaction size makes sense, especially considering that you have three primary ways to grow top-line sales. These methods are: Increase prices. Increase the number of customers who frequent your store. Increase average transaction size. All three strategies …