Millennials and the generation group after them, Gen Z, make up nearly half of the U.S. population, which is good news for the retail sector, according to a recent Forbes article. However, Forbes says that the economic environment that this …

J.C. Penney announced Monday that its executive vice president and chief financial officer, Edward Record, would vacate his position effective July 11 “to pursue other interests,” according to the company. Record joined the apparel and home goods retailer in March …

Walmart has introduced virtual reality (VR) headsets into its training program, allowing new employees to practice customer service before encountering customers on the salesfloors, the company reports. Walmart says the technology is intended to allow new store associates “to experience …

In the July 2017 issue of Hardware Retailing, the North American Hardware and Paint Association (NHPA) and Independent We Stand debuted the their latest joint research project, the Home Sweet Home Pros’ Edition study. The study found that for every dollar pros spend at independent …

Small business marketing can help you develop and support the brand of your operation. Forbes recently published a list of five quick tips to manage small business marketing, and these pointers can be applied to any independent home improvement operation. Here is …

In a recent episode of “Fast Money” on CNBC, former Home Depot CEO Bob Nardelli spoke about how Home Depot has found success in both traditional and online retailing. “They are using the bricks and the clicks together,” Nardelli says in the …

Sears Canada has filed for bankruptcy protection, according to a company report released Thursday. Over the past 18 months, Sears has taken on restructuring initiatives, including developing technology systems, redefining its brand positioning and updating its product assortment, according to the company. As …

As part of its restructuring plan to cut $1.25 billion from its expenditures in fiscal year 2017, Sears Holdings Corp. is cutting 400 positions from its headquarters and field operations, the company reports. At the start of the fiscal year, …