Are you aware of your health insurance benefits during the COVID-19 pandemic? Hardware Retailing spoke with Bob Chiesa, president and CEO of Custom Benefits Insurance Group, Inc. to gain answers to some frequently asked questions regarding insurance benefits during this …
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Navigating CARES Act Loans for Small Businesses
Signed into law March 27, the Coronavirus Aid, Relief and Economic Security (CARES) Act includes nearly $350 billion in federal assistance through a small business loan program. Offered by the Small Business Administration (SBA), the Paycheck Protection Program (PPP) aims …
Read More »COVID-19 Employment Law Resources for Home Improvement Stores
The COVID-19 pandemic has forced independent home improvement retailers to evaluate their businesses from every angle. To assist home improvement operators answer questions about employment law, Hardware Retailing has compiled legal resources from the U.S. government and legal firm Taft. …
Read More »COVID-19 Guidance for States and Provinces
As the effects of COVID-19 touch every aspect of retail, some U.S. states and Canadian provinces are declaring home improvement stores “essential” and allowing them to remain open to continue serving communities. On this page, find COVID-19 information for each …
Read More »Sears Settles Lawsuit With Former CEO
Sears Holdings Corp., the estate of the former retail titan Sears, has agreed to settle a lawsuit over the $5.2 billion sale of its Sears and Kmart chains to former chairman and CEO Edward Lampert for more than $18 million, …
Read More »More U.S. Workers Eligible for Overtime Pay
Under a new advisory from the Labor Department, 1.3 million U.S. workers are now eligible for overtime pay, NPR reports. Under current law, most workers making about $23,660 a year are eligible for overtime pay. Starting Jan. 1, 2020, the …
Read More »Approaching Electrical Projects With Customers
Discussing home projects dealing with electricity likely puts a charge through any retailer. When helping customers tackle electrical projects, retailers should consider how difficult the project is and how a customer is planning to take it on. Some, like installing …
Read More »Sears Sues Former CEO Edward Lampert
Sears Holdings Corp. is suing its former CEO and the hedge fund he manages for allegedly funneling $2 billion in assets from the retailer, according to the Chicago Tribune. Sears claims that Edward Lampert, the company’s former CEO, “systemically picked …
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