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Tag Archives: research

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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3 Takeaways From the May Jobs Report

may jobs report

According to the U.S. Bureau of Labor Statistics, the economy added 559,000 jobs in May, reducing the national unemployment rate to 5.8 percent. Notable job gains happened in public and private education, hospitality and health care. Take a deeper dive …

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Home Builders Report Sharp Increase in Building Material Prices

building material prices

Even as home builders report shortages of building materials and products, new research from the National Association of Home Builders (NAHB) suggests pros are also seeing sharp increases in product prices. In the latest version of the NAHB and Wells …

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Home Improvement Momentum Continues in May

diy momentum

After a year of record sales and renewed interest in the home improvement channel, take a moment to review some of the latest industry data to better understand your DIY and pro customers. The Farnsworth Group has released new research …

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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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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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