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Research and Guides

Looking to Expand Your Business?

Many independent home improvement retailers are looking to expand their businesses by adding store locations, which bring new customers, new product mixes and new opportunities. Recent data gathered by the North American Retail Hardware Association (NRHA) shows that more than a quarter of independent retailers plan …

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Improve Your Business Today

2016 Cost of Doing Business

Do you operate a typical or high-profit home improvement store? Check out this video to see how Bill, a hardware store owner, goes from operating a typical hardware store to a high-profit one, earning $100,000 more in profit each year. Once you …

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Tracking How Your Business Performs on Social Media

Nearly nine in 10 independent home improvement businesses use social media, but only about 50 percent of them track their sites’ performance, according to a recent study from the North American Retail Hardware Association (NRHA). That means many retailers have no way to gauge their social media success, …

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NRHA’s 2016 Social Media Study

Hardware Retailing magazine’s March 2016 issue features an article focused on retailers who have high-performing social media accounts for their businesses. The story also identifies ways retailers can grow their engagement and audience on social media platforms. The full story can be found here. The North …

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Event Planning Guide

Planning a successful event takes times and preparation. To help make your next event a favorite among customers and community members, we created an event planning checklist. This resource provides different tasks you must accomplish to have a successful event …

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Are Your Operating Expenses Draining Your Profit?

Payroll, advertising, utilities, rent and more all add up to your total operating expenses–and if one of those expense lines gets too high, it cuts into your store’s profit. Ask yourself the following questions to determine if your expenses are …

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Make Your Father’s Day With Gift Sales

Working Display

Have you thought about how you will attract the interest and spending of customers shopping for Father’s Day gifts? In 2015, consumers spent $13 billion on gifts for dads, according to a National Retail Federation survey. That spending is significantly less than what shoppers …

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How To Write a Press Release

Whether it’s an event your store is holding, an award it recently won, or something else, there are plenty of reasons to put together a press release that you can send out to local media to gain some additional publicity …

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