In the January 2019 jobs report, the Department of Labor revealed the U.S. economy added jobs for the 100th consecutive month, according to the Wall Street Journal. Total nonfarm payroll employment increased by 304,000 jobs in January, according to the …
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Speaking at the National Retail Federation’s NRF 2019: Retail’s Big Show, Target board chairman and CEO Brian Cornell outlined what he sees as the company’s greatest competitive advantage. Cornell also presented four tips he believes are key to future retail …
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For independent retailer Matt Woods, combining brick-and-mortar expertise with e-commerce innovation was truly a winning idea. After submitting his plan to the 2018 Reimagine Retail program, presented by the National Hardware Show®, Woods received $100,000 to put his idea to …
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Click the picture to download a PDF of this story. By Todd Taber, ttaber@nrha.org Virtual Vision Matt Woods, president and CEO of family business Woods Hardware, says his favorite part of being an independent retailer is being able to decide what’s best for …
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Click the picture to download a PDF of this story. By Todd Taber, ttaber@nrha.org Challenging Assumptions As you look around your store, who are your customers? More than likely, your business caters to a diverse customer base—people from different backgrounds and …
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How comfortable are you with understanding the metrics and financial figures used in your business’s accounting files and financial statements? If you have trouble differentiating your defensive interval from your EBIT, you’re definitely not alone. Take a moment to review …
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In recent years, millennial consumers (shoppers born between 1981 and 1996) have been accused of “killing” industries that once thrived with support from different consumer generations. Speaking at the National Retail Federation’s NRF 2019: Retail’s Big Show, Lowe’s president and …
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In the February issue of Hardware Retailing magazine, we’ll shine a spotlight on Orgill Inc., the international distributor with more than 170 years of history on its side. Headquartered in Memphis, Tennessee, Orgill now operates seven distribution centers strategically located …
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