Major Group SIC 5251 - Hardware Stores

SIC 5251 - Hardware Stores

SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 525 - Hardware Stores
  SIC 521 - Lumber And Other Building Materials Dealers SIC 523 - Paint, Glass And Wallpaper Stores SIC 525 - Hardware Stores SIC 526 - Retail Nurseries, Lawn And Garden Supply Stores SIC 527 - Mobile Home Dealers
  - SIC 5251 - Hardware Stores
    SIC 5251 - Hardware Stores

Establishments primarily engaged in the retail sale of a number of basic hardware lines, such as tools, builders'hardware, paint and glass, housewares and household appliances, and cutlery.

Industry trends:

The hardware stores industry (NAICS 5251) is currently experiencing several notable qualitative trends. One significant trend is the increasing focus on customer experience and personalized service. Hardware stores are recognizing the importance of knowledgeable staff who can provide tailored advice and product recommendations, which is becoming a key differentiating factor from larger big-box retailers and online competitors.

Moreover, there is a growing emphasis on DIY (do-it-yourself) culture among consumers. This trend is being driven by a surge in home improvement projects, partly due to the increased amount of time individuals are spending at home. Hardware stores are capitalizing on this by offering workshops, tutorials, and in-store demonstrations to engage and educate their customers.

In terms of technological trends, there is a notable shift towards integrating omnichannel strategies. Hardware stores are incorporating e-commerce platforms, mobile apps, and digital inventories to provide a seamless shopping experience both online and in-store. This shift is aimed at capturing a wider audience and meeting the modern consumer's demand for convenience and accessibility.

Looking ahead, forecasts indicate that sustainability will become a major focus in the hardware store market. Consumers are increasingly prioritizing eco-friendly and energy-efficient products, and stores that can offer a variety of sustainable options are likely to see growth. Additionally, advancements in smart home technology are expected to drive demand for high-tech hardware solutions, including smart locks, home automation systems, and energy management tools.

Overall, the hardware stores industry is evolving to meet changing consumer preferences and technological advancements. The emphasis on personalized service, DIY culture, omnichannel presence, and sustainability will likely shape the industry's landscape in the near future.

This industry is comprised of:

Builders'hardware-retail

Chainsaws-retail

Door locks and lock sets-retail

Handtools-retail

Hardware stores-retail

Tools, power and hand-retail

Explore related industries:

SIC 5072 - Hardware SIC 5651 - Family Clothing Stores SIC 5712 - Furniture Stores

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