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Tag Archives: operations

More U.S. Workers Eligible for Overtime Pay

overtime

Under a new advisory from the Labor Department, 1.3 million U.S. workers are now eligible for overtime pay, NPR reports. Under current law, most workers making about $23,660 a year are eligible for overtime pay. Starting Jan. 1, 2020, the …

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10 Blasts From Hardware Retailing’s Past

hardware retailing

Over more than a century, Hardware Retailing has adapted to the times to help independent retailers like you stay on the forefront of emerging industry trends and technology to find new paths to success. From profiles of enterprising young retailers …

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How I Did It: Began Operating a 24/7 Store

PRO HARDWARE

Trust PRO Hardware in Indianapolis has an unusual claim to fame in the home improvement industry: 24/7 hours. Owner Adam Taylor opened the store in 2012 in a 3,200-square-foot space. Early on, he experimented with operating between 5 a.m. and …

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Now Available: 2019 Cost of Doing Business Study

2019 cost of doing business study

Understanding how your business compares to similar operations is a crucial step in mastering your finances and planning for future success. Each year, the North American Retail Hardware Association (NRHA) surveys thousands of retailers to deliver that knowledge to independent …

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Inside the Acquisition Strategy of Gordon’s Ace Hardware

acquisition strategy

Mergers and acquisitions are powerful forces in home improvement retail. The rate by which they’re completed has risen by 58 percent in the U.S. in the last decade, and in 2017, the total of all such deals amounted to $1.9 …

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High Performance Retailing Fall 2019: Inside U.S. Home Construction

Welcome to the first issue of High Performance Retailing, a collaboration between the North American Retail Hardware Association and market research firm The Farnsworth Group. Each quarterly installment aims to deliver actionable, relevant data to independent home improvement retailers to …

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CTL University Puts NRHA Training to Work

training

When the leaders at Clarence Thomas Ltd. Home Center (CTL) in Fish Bay, Tortola, British Virgin Islands, made the decision to invest in their employees by offering online training, they had no idea how popular the program would become. Initially, …

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How I Did It: Increased Annual Sales From $1M to $6M

A2z team

Having started in lumberyard management early in his career, Jeff Van Well is in a fairly ideal position to turn a struggling lumberyard around. He found that opportunity in 2016 at A2Z Home Center. The Chino Valley, Arizona, operation was …

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