NEWS RELEASE
Contact:
George Korda, (865) 567-2163
Chuck Morris, (865) 300-5669
House-Hasson Jan. dealer market sees big jump in attendance, sales
(KNOXVILLE, Tenn.) February 7, 2024 — House-Hasson Hardware, America’s largest independent regional hardware distributor, saw its January 2024 dealer market attendance jump by more than a third over the 2023 turnout, signaling that independent hardware store and lumberyard dealers anticipate high sales volume in 2024.
Dealer attendance increased 34% at House-Hasson’s Jan. 2024 Leap Into Savings dealer market, held at the Gaylord Opryland Resort & Convention Center, in Nashville, Tenn.
“We were pleased with last year’s turnout, but January’s Leap Into Savings market shot past what we were expecting in dealer turnout, and we also had big increases in new vendors and booths,” said Steve Henry, House-Hasson president and CEO. “Dealers took advantage of market buying opportunities that will enable them to meet or exceed their margins, and dealer profitability is our No. 1 priority.”
Warehouse sales were up 27% over 2023’s market, and is an indicator of dealer confidence, said Jason Hanegan, House-Hasson Senior Vice President Sales, Growth & Development.
“When dealers are pessimistic about the economy, or even cautious about how their sales will fare in the coming months, they can tend to be more reserved in their buying patterns,” Hanegan said. “However, given what we saw at the market, it appears dealers are looking forward to robust customer traffic in their stores.”
Market vendor attendance was up 25% over 2023, and 140 new booths were on the floor, leading to an expansion over past years of convention center floor space used by House-Hasson.
House-Hasson’s next dealer market, called Gateway to Summer, is scheduled June 13-15, 2024, at the Sevierville Convention Center, Sevierville, Tenn., near the Great Smoky Mountains National Park.
Later this year, House-Hasson will also hold a fall dealer market in Charlotte, North Carolina for the first time. The market is scheduled for October 10-12, 2024 at the Charlotte Convention Center.
House-Hasson Hardware serves some 2,500 dealers in 23 states and the Caribbean Basin. The 118-year-old, family-owned company has some 500,000 square-feet of warehouse space at its Knoxville, Tenn., headquarters, and 300,000 square-feet at its Prichard, W. Va., facility. The company’s website is www.househasson.com.
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