See Something, Say Something In mid-September, three men entered Lyell Crest True Value and bought pipe caps, pipe nipples, cable ties, roofing nails, electrical tape, timers, wooden matches and wire. At the checkout counter, the trio asked the cashier if …
Read More »Lindsey Thompson
Expert Perspective: Retail Is… Personnel
To view a PDF of this story, click here. When you look throughout your store, one asset is clearly more important than all the others: your employees. Without them, it doesn’t matter how great the building looks, how well the …
Read More »Banks, Retailers Spar Over Credit Card Swipe Fees
Financial institutions and retailers are revisiting a disagreement over limits on credit card swipe fees, Reuters reports. The Dodd-Frank Act, which became law in 2010, established regulations within the financial services industry. One of those regulations was a limit on how much …
Read More »Lowe’s Makes Another Round of Corporate Layoffs
Lowe’s is making another round of staffing cuts at its corporate headquarters and two support facilities, according to the Charlotte, North Carolina, NBC affiliate, WCNC. About 430 positions at the company’s corporate headquarters in Mooresville, North Carolina, were eliminated Tuesday, along …
Read More »Home Depot Reports Continued Growth in 2016
While retailers in other sectors have been struggling, The Home Depot’s fourth quarter 2016 financial results marked overall growth for the company, according to a press release by the Home Depot. The big-box retailer reported 5.8 percent growth over the …
Read More »Best Buy Outlet Stores Sell Discounted Appliances
Electronics retailer Best Buy is testing outlet stores in four states as an alternative way to sell clearance and open-box merchandise, according to the Minneapolis/St. Paul Business Journal. The outlet stores will sell clearance and open-box merchandise at discounts up to …
Read More »Business Organizations Weigh in on Executive Order
President Donald Trump recently signed an executive order regarding federal agency regulations that he says will have a positive impact on small business operations. The executive order signed Jan. 30 mandates that federal agencies must present two regulations to be eliminated …
Read More »Win a Trip to the National Hardware Show®!
The North American Retail Hardware Association (NRHA) wants you to know they’re the perfect match for your business. Sign up for a membership NRHA Feb. 6 through Feb. 14 and be entered to win a trip to the National Hardware Show® and NRHA All-Industry …
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