North American Hardware and Paint Association (NHPA)

One year ago, in the Q3 2023 survey: 📊 41% said transaction size increased 📊 41% said transaction size stayed the same 📊 18% said transaction size decreased Find out how much has changed over the past year by completing the Q3 2024 survey! Visit https://lnkd.in/gyRH8fnD to take the Q3 survey! Survey closes this Friday, November 1! Stay tuned for the full report to see if your predictions are correct or you're in for a surprise!

Looking for more ways to get involved with NHPA or incorporate more training into your business? Connect with Renee Changnon, our retail engagement specialist at rchangnon@yournhpa.org or (317)275-9442

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Independent paint retailers gathered in Austin, Texas, last week to attend the ALLPRO 2024 Fall Show. Attendees were able to network at various meetings and events during the show, as well as connecting with vendors at the tabletop exhibits. NHPA employees were excited to connect to paint dealers and learn about the latest happenings in their businesses.

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One year ago, in the Q3 2023 survey: 📊 14% said gross profit margins increased 📊 42% said gross profit margins stayed the same 📊 44% said gross profit margins decreased Find out how much has changed over the past year by completing the Q3 2024 survey! Visit https://lnkd.in/gyRH8fnD to take the Q3 survey! Survey closes this Friday, November 1! Stay tuned for the full report to see if your predictions are correct or you're in for a surprise!

True Value Company regional distribution centers (RDCs) are preparing for potential layoffs and shutdowns in light of the Chapter 11 bankruptcy and potential Do it Best purchase announcements earlier this month. So far, 11 of the 13 True Value RDCs have received Worker Adjustment and Retraining Notification Act (WARN) notices. 

Judge Shares Concerns With Direction of True Value Bankruptcy Filing In a transcript obtained by Hardware Retailing from an emergency discovery conference held on October 23, the judge overseeing True Value’s Chapter 11 bankruptcy filing openly stated her concerns about whether True Value has been providing “adequate protection to the lenders” throughout the process.