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Analyzing 2021 Retail Sales Potential

2021 retail sales

The National Retail Federation (NRF) is evaluating how retail sales may perform in 2021 after 2020 saw both strong sales for some retail sectors and stalled activity in others. Overall, NRF says there are many economic indicators that point toward …

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House-Hasson Names New Company President

House-Hasson president

House-Hasson Hardware’s board of directors unanimously voted to make Steve P. Henry the new president of House-Hasson Hardware, America’s largest independent regional hardware distributor. House-Hasson’s leadership change follows the Feb. 15 death of company president Don Hasson. Henry has served …

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5 Social Media Marketing Myths to Bust in 2021

social media marketing myths

While many retailers were already successfully using social media as part of their marketing strategy, the COVID-19 pandemic shed new light on the importance of having an online presence for any retailer, no matter the industry.  Shoppers are using social …

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Major Retail Chains Increase Starting Wages

retail starting wages

Major retail chains are raising their starting wages for hourly workers in the U.S., CNN reports. Costco will raise its minimum wage this week to $16 for hourly workers. The company employs roughly 180,000 people in the U.S., and about …

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Tracking DIY Home Improvement Activity in 2021

diy home improvement 2021

Market research firms The Farnsworth Group and the Home Improvement Research Institute (HIRI) are tracking pro and DIY project activity as COVID-19 continues to impact the home improvement market. In the latest update focused on DIYers, new data reveals exactly …

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Small Businesses Prioritized in Latest Round of Paycheck Protection Program

SBA

The latest round of Paycheck Protection Program (PPP) funding opened in January, and now, the Small Business Administration (SBA) is taking steps to prioritize lending to small businesses. To achieve this, the administration will: Establish a 14-day, exclusive PPP loan …

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Instacart and Walgreens Partner for Home Deliveries

Pharmacy, health and beauty company Walgreens announced it will be partnering with Instacart, a North American online grocery platform, to provide an on-demand delivery option to its customers, CNN reports.  Prior to the agreement, Walgreens did not have its own …

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Lowe’s Reports $89B in 2020 Sales

lowe's 2020 sales

Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …

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