Hardware Retailing

FEB 2017

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

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February 2017 | HARDWARE RETAILING 85 85 February 2017 | HARDWARE RETAILING L aunched in 2012, NRHA's Retailer Roundtable series continues to grow in scope and in the number of networking events held each year. The roundtables are structured discussion group meetings where retailers come together to network with other noncompeting retailers. Roundtable groups are organized based on the functional areas and retail core competencies participants share. Roundtable members commit to meeting annually to discuss their functional areas and learn from others within their group. "The key to these meetings is that participants agree to confidentiality and complete openness in sharing their successes and best practices," says Wright, who moderates several of the meetings. "NRHA assists in forming, moderating and adminis- tering the meetings, and meeting agendas are devel- oped by an agenda-planning committee within the group of attendees to ensure that the conversations are relevant and meaningful to attendees." Kim Tarrant, human resources manager at Family Farm and Home in Michigan, says meeting to discuss shared issues and best practices is a huge help. "At NRHA's Human Resources Roundtable, I got different perspectives from a variety of retailers, which provided me with insights for my day-to-day business," she says. The current roundtable lineup is listed below: Marketing & Merchandising Roundtable Participants include retail marketing and merchan- dising professionals. Discussion topics include adver- tising, marketing, pricing, merchandising, sourcing, technology and online initiatives, new products, loy- alty programs, co-ops and competitor monitoring. CFO Roundtable Participants include chief financial officers and other finance professionals. Discussion topics include finances, operating expense management, employee benefits, compensation, technology, key performance indicators, legal issues, acquisitions and working capital management. Human Resources/Training Roundtable Participants include human resources and training professionals. Discussion topics include employee incentives, benefits, compensation, technology, training and government regulations. Young Retailer Roundtable Participants include former NRHA Young Retailer of the Year honorees and nominees. Discussion topics vary. CEO Roundtable Participants include presidents or CEOs of large multi-unit home improvement retail chains. Discussion topics vary. IT Roundtable Participants include information technology professionals. Discussion topics are various IT-related issues. Retail Management Certification Program Reunion Roundtable Participants include graduates from NRHA's Retail Management Certification Program. Discussion topics focus on updates on students' business improvement projects. Women's Leadership Roundtable Participants include women who are retailers and distribution and manufacturing professionals. Discussion topics vary. NRHA Retailer Roundtables "I got different perspectives from a variety of retailers, which provided me with insights for my day-to-day business." —Kim Tarrant, Family Farm and Home

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