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2015 Young Retailer of the Year: Matt Woods

yroty-2015-woodsUnder $2 million in sales volume
Woods Hardware, Cincinnati, Ohio
Business Manager

When he joined his family business full time in 2011, Woods eliminated outdated and redundant inventory and redesigned the salesfloor so it would be easier to navigate. With better merchandising techniques and better assortments, he increased inventory by 40 percent. He also began a marketing push that includes radio and Google ads to expand his customer base. Sales have steadily increased in the years since, with a 23 percent increase in 2014.

To view the other 2015 Young Retailer of the Year videos, click here.

About Jesse Carleton

Jesse Carleton
Jesse Carleton has visited independent hardware retailers, conducted original research on the industry and written extensively about the business of hardware retailing. Jesse has written for more than a dozen of NRHA’s contract publishing titles, all related to the hardware retailing industry. He also was instrumental in developing the Basic Training in Hardware Retailing courses now used by thousands of retailers across the country.

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