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Tag Archives: covid-19

NRF Projects 2021 Retail Sales to Top $4.4T

2021 retail sales

The National Retail Federation (NRF) is upwardly revising its estimate on how much consumers will spend across retail sectors in 2021. The organization’s new estimate now stands at $4.4 trillion, and the NRF expects sales to grow between 10.5 and …

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Webinar: Learn the Latest on Inventory Management

Inventory Management Webinar

What long-term effects will the pandemic have on the way retailers manage their inventory?  The North American Hardware and Paint Association (NHPA) invites all members of the independent home improvement, paint and decorating industry to the upcoming Inventory Management webinar …

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April U.S. Home Improvement Sales Jump 33% From 2020

Home Improvement Sales

U.S. home improvement sales (NAICS 444) stood at $43.2 billion in April, down slightly from $43.4 billion in March, new data from the U.S. Census Bureau shows. However, sales for the sector are roughly 33 percent higher than one year …

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Understanding New DIY Shopping Preferences

DIY smiling man grinding handrail

Building materials marketing firm Venveo and market research firm The Farnsworth Group are releasing new data highlighting how DIY purchase behaviors have changed in the past year. After surveying nearly 1,000 DIYers, the insight into DIY purchasing and shopping preferences …

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On the Web: May 2021

on the web may 2021

There’s much more to discover from the May 2021 edition of Hardware Retailing. Browse the links below to uncover new innovations, trends and resources to lead your operation to success.

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U.S. Small Businesses Offered Tax Credit to Offset Vaccine Costs

covid-19 tax credits

President Biden is urging all employers to offer paid time off for employees to receive or recover from the COVID-19 vaccine by offering a special tax credit to offset those costs. Signed into law as part of the American Rescue …

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Home Construction & Design Pros Feel Q2 Confidence

home construction design q2

Residential construction and design businesses are reporting confidence for home renovation activity in the second quarter of the year, according to online design platform Houzz. The company’s second-quarter Houzz Barometer tracks residential renovation market expectations, project backlogs and recent activity …

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U.S. Home Improvement Sales Rose 12% in March

A father and son shopping

U.S. home improvement sales rose 12 percent in March to reach a total of $43.9 billion dollars, a new high for the year and a sign of continued channel momentum ahead of the busiest spring selling days. The latest home …

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