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Research & Guides

NHPA Independent Retailer Index Shows Increases in Transaction Size, Total Sales and Inventory Investment for Q2

Independent Retailer Index

The North American Hardware and Paint Association (NHPA), in partnership with The Farnsworth Group, has released results from the first Independent Retailer Index, a quarterly survey that measures key performance indicators in the independent home improvement channel. In a survey …

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Levan Center Offers Cybersecurity Training Range

In an ever-increasing technological world, cybersecurity attacks can impact any business. The Hiscox Cyber Readiness Report 2022 shows that 48% of organizations across the U.S. and Europe experienced a cyber attack in the past 12 months, despite businesses expanding their …

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2022 Cost of Doing Business Study Now Available

CODB 2022

NHPA’s 2022 Cost of Doing Business Study is now available. For more than 100 years, independent home improvement retailers have trusted this annual benchmarking tool to understand how their businesses compare financially to typical and high-profit operations and strategize for …

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Why New Movers Make Good Customers

Illustration of sold sign on a house

According to V12’s 2021 New Mover Trends Report, 83% of new movers take on home improvement projects and 64% purchase home improvement items before their move. As consumers relocate, retailers have the opportunity to gain new customers and cash in …

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Participate in the 2022 Cost of Doing Business Study by June 30

2022 Cost of Doing Business Study

Don’t miss out on the opportunity to benchmark your business. The deadline to participate in the North American Hardware and Paint Association‘s (NHPA) 2022 Cost of Doing Business Study is this Wednesday, June 30. Each year, this financial benchmarking tool …

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2022 Cost of Doing Business Study: Numbers You Should Know

2022 Cost of Doing Business Study

Are you ready to identify new financial opportunities for your operation? The deadline to participate in the North American Hardware and Paint Association’s (NHPA) 2022 Cost of Doing Business Study is June 30. The Cost of Doing Business Study delivers …

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Participate in the 2022 Cost of Doing Business Study

2022 Cost of Doing Business Study

Each year, the North American Hardware and Paint Association’s (NHPA) Cost of Doing Business Study delivers data and insights that allow retailers to increase their profits and strategize for the future. NHPA is now inviting hardware store, home center, lumberyard …

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Customer Insights in Light of Product and Material Shortages

Trends - Consumer Insights

According to the Home Improvement Research Institute (HIRI), 59.2% of customers shop at the same store for home improvement products regardless of what products they are shopping for, but 73.8% will buy a product at another store before waiting on …

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