Hardware Retailing

FEB 2018

Hardware Retailing magazine is the pre-eminent how-to management magazine for small business owners and managers in the home improvement retailing industry.

Issue link: https://hardwareretailing.epubxp.com/i/931868

Contents of this Issue

Navigation

Page 89 of 112

February 2018 | HARDWARE RETAILING 81 forward-thinking in how he looks at profitability. His work is very data driven." Retailers who live and work in different parts of the country and stock their businesses through different distributors have a great deal to offer each other, TJ says. The camaraderie and friendship that develops out of communicating with other retailers provide insight on business topics, such as hiring and retaining employees, which many independent business owners struggle with no matter the location. "The most important thing is to have someone outside your circle who you can bounce ideas off of," TJ says. Tim recommends retailers reach out to one another to forge new relationships and to strengthen their business operations. He also recommends attending NRHA events for new opportunities to meet up across the country. He says the association sets itself apart by uniting business owners from all wholesale affiliations, giving retailers a level playing field to share best practices and learn from one another. "You have so much in common," Tim says about independent home improvement store owners. "There are so many reasons we have to network with one another." Hardware Retailing staffers Renee Changnon, Kate Klein, Melanie Moul and Todd Taber contributed to this article.

Articles in this issue

Links on this page

Archives of this issue

view archives of Hardware Retailing - FEB 2018