Gourmet retailers work hard to find the products their customers never knew they have always wanted. Walking trade show floors, developing relationships with vendors and manufacturer’s reps and going the distance to figure out how to get the best pricing, are part of the mix of a successful sale. But perhaps the most important element of that brew is observing what one’s own…
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IHA’s blog features informative posts written to keep the housewares industry educated and informed about key strategic issues and IHA member services.
Stats: Ad blocking in Real Time
Here are some quick facts about the rise in the use of ad-blocking software: At least 419 million people (22% of the workforce’s 1.9 billion smartphone users) are blocking ads on the mobile web. Both mobile web and in-app ads can now be blocked. As of March 2016, an estimated 408 million people are actively using mobile ad-blocking browsers (that means a mobile…
CONTINUE READINGTrends: Software blocks ads and retail dollars
Many retailers with websites find that online ads help finance those sites, but a new study finds the rise of ad-blocking software is leading to a decline in online ad revenue. The ad-blocking browsers allow users to remove online ads when they use the Internet. Ad blockers also make websites load faster by saving data, which helps explain why nearly 200 million people…
CONTINUE READINGHow Business Can Win Big in the Age of Aging
Boomers and Millennials—Understanding the Needs of Key Consumer Groups IHA’s 2016 CHESS conference, October 6-7, in Rosemont, IL, offers top-level educational presentations for housewares industry executives. One of the valuable programs on Friday, October 7 will be Peter Hubbell’s analysis of how to reach Baby Boomers and Millennials. Hubbell, CEO of BoomAgers, the New…
CONTINUE READINGRetail Profile: The Kitchen Place
Retailer: The Kitchen Place Locations: Marlborough, Mass.; Salem, N.H. Owner: Pamela Sullivan Founded: 1987 Square footage: Marlborough--1700 sq. ft.; Salem--1,900 sq. ft. The first thing a customer notices about The Kitchen Place is a proud sign posted at the front of each of the two stores: “We are a locally owned business” it starts, noting that the stores have been…
CONTINUE READINGDrinkware Parties On
Thanks to the two largest generations entering new life stages, and apparently celebrating along the way, specialty retailers say sales of drinkware continue to rise. Consumers between the ages of 25 and 34, otherwise known as Millennials, and Baby Boomers in their 50s and 60s are helping to fuel those sales, retailers say. Researchers at the NPD Group agree, noting in a…
CONTINUE READINGTrends: More Young Men than Women Living with Mom
For the first time since the 1880s, more young adults are living with their mothers than living with a spouse or partner, a trend that may have an impact in how that group shops for housewares. According to a new Pew Research Center report, census data shows that adults ages 18-34 were more likely to be living with their parents in their parents’ homes, rather than setting up…
CONTINUE READINGStats: Living with Mom & Dad
Staying with Mom and Dad is now the most common young adult living arrangement for the first time on record, according to the Pew Research Center, mostly thanks to a drop in the number of young Americans who want to settle down with a romantic partner. It is a trend that predicts the number of households being set up within that age group and one that housewares retailers…
CONTINUE READINGIndustry Update from the Japan DIY Industry Association
Information provided by the Japan DIY Industry Association shows remarkable development in the sales and number of DIY stores/home centers in Japan since the first DIY store was opened in the country over 40 years ago. There are now over 4,500 DIY stores/home centers in Japan with the annual general proceeds reaching 3.95 trillion yen. According to the annual report by the…
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