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How Will You Budget for 2021?

budget

After an unprecedented year full of retail volatility and strong sales for home improvement retailers, how will you budget for your business in 2021? Over the past few months, the North American Retail Hardware Association (NRHA) has received hundreds of …

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Monitoring the Market: June 2020

monitoring the market

Monitoring market trends in consumer sentiment, home improvement rates and construction figures can help you anticipate emerging opportunities for your business. Use the tables below to get a deeper understanding of a few of the forces affecting independent home improvement. …

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Canadian Headlines for Retailers: May 25

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. Canadian Retail Sees Record Decline as Online Sales …

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Hartmann to Join Bed Bath & Beyond as COO

bed bath & beyond

John Hartmann will join home furnishings retailer Bed Bath & Beyond. He will serve as chief operating officer of Bed Bath & Beyond and president, buybuy BABY, effective May 18, 2020. Earlier this week, True Value Co. confirmed Hartmann would …

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Retail Sales Fall 8.7% in March

home improvement sales

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,  …

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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 …

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Black Friday and Small Business Saturday Spur Sales

small business saturday

Americans spent more on Black Friday 2019 than ever before, according to new data from USA Today and financial technology firm Fiserv Inc. Both online and in-store sales grew over 2018 figures, according to the firm. Brick-and-mortar sales grew by …

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Do Brands Need Amazon?

amazon

In November, Nike said it would no longer sell its merchandise on Amazon. Instead, the company would focus on its own direct-to-consumer e-commerce sales. The decision is creating uncertainty as to how strongly established brands should rely on the e-commerce …

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covid-19 home improvement

COVID-19: Its Impact on the
Home Improvement Industry

 

Wednesday, Sept. 30 at 2 P.M. ET