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Financial Resources: Payroll, Average Transaction Size & GMROI

financial resources

The North American Retail Hardware Association (NRHA) recently released the 2017 Cost of Doing Business Study, a financial resource to help your compare your business to other retailers in the industry. In order to help you better understand and use ... Read More »

A Roundup of SEO Resources

SEO

SEO, or search engine optimization, is made up of hidden keywords and tags that help your website rise to the top of potential customers’ online searches. Because potential customers will visit your website for information that is industry- or business-specific, ... Read More »

Research Conference Details Optimistic Home Improvement Outlook

HIRI

The Home Improvement Research Institute (HIRI) recently presented the latest research on home improvement trends and the economic and social factors affecting the channel. Speakers at September’s 2017 Insights Conference in Chicago addressed topics including customer service, home technology and ... Read More »

Retailer Panels to Shed Light on Independent Industry

State of Independents Conference

High-performance independent home improvement retailers will discuss industry economic conditions, obstacles to growth, technology usage and the next generation of leaders during the 2017 North American Retail Hardware Association (NRHA) State of Independents Conference. Sponsored by the National Hardware Show®, ... Read More »

2017 Cost of Doing Business Study Now Available

Cost of Doing Business Study

Data from the 2017 Cost of Doing Business Study shows that at a typical independent home improvement store, the average customer spends $22 per transaction. At a high-profit store, that number jumps to $30 per sale. When was the last time ... Read More »

Survey: How Does Your Employee Compensation Compare?

Employee Compensation

Do you know how much businesses similar to yours are paying their cashiers or how much they spend on workers’ health insurance? Employee compensation is a massive investment for your operation. Knowing what your peers throughout the industry are doing ... Read More »

2017 Cost of Doing Business Study Deadline Extended

Cost of Doing Business Study deadline

Retailers now have until July 7 to submit data for the North American Retail Hardware Association’s (NRHA) 2017 Cost of Doing Business Study. The association has extended the Cost of Doing Business Study deadline this year in hopes of maximizing participation for ... Read More »

Building Homes, Building Communities

home sweet home pros' edition

To view a PDF of this story, click here. By Dan Tratensek Study Highlights the Positive Impact of Local Sourcing Drive through just about any neighborhood in any state, from Pennsylvania to Oregon, and you’re likely to see homes being ... Read More »