Owning a hardware store can be very profitable. Hardware stores help meet the strong demand for building materials, tools, painting supplies, electrical equipment, and various types of hardware. However, starting, purchasing, or growing a hardware store often comes...
According to IBIS World, there are approximately 10,000 hardware stores throughout the United States. These businesses sell hardware, paint supplies, plumbing products, and electrical products. In recent years, the hardware store industry has experienced healthy...
Businesses in the hardware store industry sell a broad range of home improvement equipment. This includes hardware, paint, plumbing, and electrical supplies and tools. According to IBIS World, there are about 10,000 hardware stores throughout the United States. This...
For most industries, the 2020 pandemic was a struggle. Many businesses were unable to operate due to safety restrictions. Some of them even ceased operations completely. However, this was not the case for the hardware store industry. Quarantine gave consumers plenty...
While some industries were negatively affected by the Covid-19 pandemic, the hardware store industry was positively impacted. With contractors and homeowners doing DIY projects, hardware stores found their place in a world of uncertainty. In fact, the industry has...
Hardware stores in general fared the pandemic well. With stay-at-home orders, many individuals were doing more DIY projects. This caused the hardware store industry to increase by nearly 3.4% in 2020. It is projected to continue expanding but at a slower rate in the...