News

HCN Stock Watch: LL hemorrhages 21.54%

BY HBSDEALER Staff

Thursday was positively disastrous for Lumber Liquidators, which dropped an additional 21.54% after tightening up its fiscal guidance yesterday.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

Arrow Fastener introduces line of pneumatic tools

BY David Salazar

Building on its first pneumatic stapler, Arrow Fasteners has introduced a line of pneumatic tools. In addition to the PT50 stapler, the New Jersey-based company’s line of pneumatic tools includes a brad nailer, pin nailer and an angled nailer, all for use in profession and DIY projects.

“Each one of these tools offers a quick and easy solution that empowers people to conquer home projects simply and easily,” arrows marketing and product development director, Frank Foster, said.

All the tools in the pneumatic line are made of die-cast aluminum and are made for projects from trim work and baseboards to interior molding and crafts. The nailers all feature noses that allow users to clear jams without a tool.

"Whether it’s for a simple repair or a showcase project, you need to work with tools that will help you get the job done and make your home a place you can be proud of,” Foster said. 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

ShopperTrak: Understanding consumer behavior top retailer challenge

BY Dan Berthiaume

Understanding shopping and buying behavior is the most common challenge facing retailers. According to a survey of nearly 200 retailers, executives, financial analysts, industry analysts and university academics at the recent ShopperTrak users group conference, 44% of attendees reported that understanding consumer behavior in-store is currently their biggest challenge.

This was followed by using big data to make business decisions (25%), omnichannel pressure (17%), staying up to date on the latest technologies (12%), and merchandising and store design (2%).

Other notable findings include:

  • Conversion trumps all other measurements. Seventy-nine percent of attendees report that conversion rate is the most important metric to their company. This was followed by traffic (17.5%) and units per transaction (2.5%). 
  • Holiday measurement preparation has begun. Sixty-four percent of attendees said they have started or plan to implement in-store analytics programs for holiday 2014. More than one-third (36%) have not yet implemented in-store analytics programs to prepare for holiday 2014.
  • When it comes to in-store analytics technology, retailers are more familiar with some technologies than others:
  • Sixty-six percent are very or somewhat familiar with BLE/iBeacon, while 84% are very or somewhat familiar with BlueTooth. 
  • Thirty-nine percent are very unfamiliar or not familiar with mobile wallet. On the flip side, 57% are very or somewhat familiar with mobile wallet. 
  • Forty percent are very likely to implement BLE/iBeacon, BlueTooth, Wifi in the next 12 months.
    –>

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?