In October, President Donald Trump signed an executive order that asked the Department of Labor to establish rules to allow small businesses within the same industry or geographic area to form associations across state lines to access less expensive health …
Read More »Lindsey Thompson
Walmart to Close 63 Sam’s Club Locations, Lay Off Thousands
Walmart unexpectedly announced it is closing 63 Sam’s Club locations across the U.S., potentially impacting up to 11,000 workers, Business Insider reports. According to Business Insider, many employees were unaware of the store closures until showing up for shifts to …
Read More »Millennials Helped Amazon Take 4 Percent of All Retail Sales in 2017
According to e-commerce analytics company One Click Retail, Amazon took 4 percent of all retail sales in the U.S. in 2017, with millennials driving sales in home and kitchen goods, reports CNBC. Sales on the platform also represented 44 percent of …
Read More »Speller’s True Value Invests in the Community
Click the image above to view a full PDF. Casting the Right Spell Since the 1960s, the east side of Waterloo, Iowa, hasn’t seen very much economic activity other than restaurants and convenience stores. Allen Speller and his father, Wendell, …
Read More »What Keeps The Home Depot CEO Up at Night? ‘Change’
The Home Depot CEO Craig Menear says “the amount of change that’s happening in our business” is what keeps him awake at night in a Dec. 20 episode of the Marketplace® podcast, distributed by American Public Media®. “Being able to …
Read More »Sears Takes DieHard Auto Parts to Amazon
Sears Holdings has taken another aspect of its business to Amazon, announcing it will sell DieHard auto products on the e-commerce site, the company reports. The retailer says it is opening up DieHard to sales on Amazon to celebrate the …
Read More »Retired Industry Veteran Jim Gray Dies
James P. “Jim” Gray, longtime employee of the North American Retail Hardware Association, the American Hardware Manufacturers Association and other industry groups, died Dec. 13 in Indianapolis. He was 76 years old. Gray was born Jan. 2, 1941, in Springfield, …
Read More »Dollar General to Open 900 Stores, Go Urban
Dollar General recently announced plans to open 900 stores, remodel 1,000 existing stores and expand into urban areas in 2018, The Wall Street Journal reports. The discount retailer already has about 14,000 locations in the U.S., mostly in rural areas, …
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