North American Retail Hardware Association’s Executive Trends Survey shows that hardware retailers across the country gauge their growth in different categories on a quarterly basis, and overall, the retailers saw sales growth. The survey for November 2014 found that sales growth in …
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Weather to Impact Holiday Shopping Season
On Dec. 11, Planalytics, a global leader in business weather intelligence, hosted the company’s annual Holiday Homestretch webcast. The webcast gave an updated analysis on the holiday shopping season at its midpoint, how weather will play a role in consumer …
Read More »Recession Created Frugal, Reluctant Spenders
Despite the fact that the recession has turned around and is showing growth in certain sectors, consumer morale remains low, which can be seen in the slow start to the holiday season. McKinsey & Company, a multinational management consulting firm, surveys …
Read More »Retail Sales on the Rise
November was a strong month in the retail sector. According to the National Retail Federation, November retail sales were up 0.6 percent from October and 3.2 percent over November 2013. This steady growth supports NRF’s forecast of a 4.1 percent …
Read More »Homeowners Seek a Healthy Living Space
Recently, green practices and making a home more efficient and environmentally friendly have become important to consumers. However, how many of them actually feel that they live in a healthy environment? Houzz, called the “Wikipedia of exterior and interior design” by CNN, surveyed more than 800 …
Read More »Pantone 2015 Color of the Year
What is the newest color trend for 2015? Marsala. Picked by the Pantone Color Institute®, this reddish brown color is reminiscent of wine. In fact, the name Marsala comes from a wine produced in the city of Marsala, Italy. “This …
Read More »Single-Family Home Size Decreasing
As the housing market continues to recover, the size of newly built single-family homes is slightly decreasing. Single-family home sizes have been on the rise since the end of the recession, and now they are tapering off for the second …
Read More »Smart Home Adoption to Increase
Smart home devices are making their way in to homes across the country. According to a recent study by the Consumer Electronics Association (CEA), “20 percent of households with broadband intend to acquire one or more smart home devices within …
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