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Operations

Catering to Customers’ House Needs

In spite of other economic uncertainties, the housing market has stayed competitive. In this hot market, learning what types of houses are being purchased, who is buying them and their motivation for purchasing allows retailers to target new customers and …

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The Next Chapter: 3 Business Transition Strategies to Explore

business transition strategies

Whether planned or unexpected, every business changes hands at some point, and most make a transition several times in the life of the operation. According to the PwC 2021 Family Business Survey, 50% of family businesses expect to increase the …

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EEOC Updates Workplace Discrimination Poster

workplace discrimination

The U.S. Equal Employment Opportunity Commission (EEOC) has updated its “Know Your Rights: Workplace Discrimination Is Illegal” poster, which summarizes workplace discrimination laws and explains how employees or applicants can file a complaint if they believe they have experienced discrimination. …

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Crowder Bros. Ace Hardware Makes a Good Call on Customer Experience

customer experience

For Tyler Saxey, one visit to his local Ace Hardware store made a huge impact and turned him into a loyal customer for life. Saxey is no stranger to customer service. He currently works in customer experience at Foot Locker, …

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NRF Study Finds Retail Shrink Is a $100 Billion Problem 

retail shrink

In its annual retail survey, the National Retail Federation (NRF) found that retail shrink is an almost $100 billion problem. NRF’s Retail Security Survey is an annual survey of retail loss prevention professionals that covers national retail security issues such …

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HIRI Predicts Deceleration of Home Improvement Spending Through 2024

deceleration home improvement spending

The Home Improvement Research Institute (HIRI), the nation’s leading resource for market research concerning the home and building products industry, has forecasted the current national inflation bulge will lead to a deceleration in home improvement spending. Growth in the total …

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How One Retailer Learned to Pivot While Succession Planning

succession pivot

Chris Cummings thought he had all of his boxes checked when it came to succession planning. The owner of The Paint Center in Abilene, Texas, had hired two younger employees, Kinsey Brown and Anthony Martinez, with the intention of grooming …

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What’s Trending in Safety and PPE

Safety and PPE

Whether your customers are professionals needing safety gear to stay safe on the job site or weekend warriors wanting to protect themselves during DIY projects, stocking a good mix of safety and personal protection equipment (PPE) makes your operation a …

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