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Tag Archives: data

Lowe’s Q1 2021 Sales Reach $24.4B

lowe's q1 2021

After announcing $89.6 billion in fiscal year 2020 sales, big-box home improvement chain Lowe’s is reporting first-quarter net sales of $24.4 billion, up 23.9 percent from the same period in 2020. Net earnings for the company stood at $2.3 billion, …

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Understanding the Retail Needs of Home Builders

home builders

Building products marketing firm Venveo teamed up with The Farnsworth Group to survey 101 residential contractors on how their shopping patterns have shifted in the past year. The results offer valuable insight into what pros need. As monthly home starts …

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Benchmark Your Business With the Cost of Doing Business Study

Cost of Doing Business Study

The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating retailers in the U.S. to participate in the 2021 Cost of Doing Business Study. For more than 100 years, NHPA …

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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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Participate in the 2021 Cost of Doing Business Study

2021 Cost of Doing Business Study

Do you know how your operation stacks up compared to typical and high-profit operators in the industry?  The North American Hardware and Paint Association (NHPA) is now inviting hardware stores, home centers, lumberyards and paint and decorating retailers to participate in …

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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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