Ace Hardware Corp. has announced its 2019 financial results, highlighting a year of record revenue for the company. In total, Ace reports 2019 revenue of $6.1 billion, up 7 percent from 2018’s total revenue. The figure marks Ace’s highest revenue …
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U.S. Unemployment Grows by 30M in 6 Weeks
More than 3.5 million people filed for unemployment insurance the week ending April 25, according to new data from the U.S. Department of Labor. Since the middle of March, more than 30.3 million Americans, roughly 18 percent of the U.S. …
Read More »The Farnsworth Group Plans Webinar on COVID-19’s DIY Impact
Market research firm The Farnsworth Group is planning a webinar to explore how COVID-19 has impacted DIYers and their future projects. The online event will take place Thursday, April 23 at 2:00 p.m. EDT. The webinar will be hosted by …
Read More »Retail Sales Fall 8.7% in March
As COVID-19 continues to impact every aspect of retail, the latest retail sales report from the U.S. Department of Commerce shows overall retail and food service sales fell 8.7 percent from Feb. 2020 to March 2020. Retail, excluding food service, …
Read More »The Farnsworth Group, HIRI Partner for Weekly COVID-19 Updates
Market research firms The Farnsworth Group and the Home Improvement Research Institute have announced an ongoing partnership to deliver weekly updates on how COVID-19 is impacting DIYers and contractors. The two organizations say the goal of the weekly updates is …
Read More »5 Uncomfortable Retail Realities Bringing New Opportunities
You’ve felt the winds of change. In this new decade, retail realities that once seemed like figments of the imagination are now commonplace. Robots work alongside humans in big boxes, and customers can have an entire shopping experience on the …
Read More »Monitoring the Market: Quarter 1
Use the following industry metrics to anticipate emerging trends and opportunities in the channel. Data is not seasonally adjusted, meaning these graphs represent real-time shifts in the market. Understand consumers’ desire to save or spend by gauging overall consumer confidence …
Read More »Tracking the Characteristics of Generations
Mark Harris is the founder of The Harris Development Group, an organization that works with businesses from an array of industries to help teams strengthen communication, augment diversity and collaborate more effectively. As part of this quarter’s High Performance Retailing …
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