Do it Best Corp. hosted an Open Buying Day on Dec. 2, welcoming prospective domestic and international vendors to the co-op’s world headquarters, according to a press release. The event enabled Do it Best Corp. merchandise managers to meet one-on-one with prospective …
Read More »Renee Changnon
More Consumers to Shop Local this Holiday Season
Independent retailers can expect to see more customers looking to shop local this holiday season, according to an article by Forbes. The article explains that, based on a recent survey by Deloitte, “more than two-thirds (68%) of consumers plan to shop …
Read More »Hachborn to be Inducted into the Canadian Business Hall of Fame
This spring, Walter J. Hachborn, co-founder of Home Hardware Stores Limited, will be inducted into the Canadian Business Hall of Fame. The ceremony for the Canadian Business Hall of Fame will take place May 4, 2015, in Toronto. The honor …
Read More »Sears Third Quarter Results Show Struggles
Sears Holdings announced its third quarter results, which posted a loss of $548 million on $7.2 billion in revenue, according to an article from The New York Times. Additionally, the company has been seeking to raise money, and it may sell some of its …
Read More »Amazon Adds Robots to Warehouse Operations
As more consumers are shopping and making purchases online, Amazon, one of the largest e-commerce retailers, has added a new variety of workers to the mix: robots. The retailer is boosting efficiency in warehouses with the help of more than 15,000 wheeled …
Read More »US Economy Above Predictions in Third Quarter
During July, August and September, the nation’s economic output grew at a faster rate than the government expected, according to an article by The New York Times. Gas prices have dropped, leaving additional funds for other purchases, and consumers continue to boost …
Read More »Small Business Saturday Encourages Consumers to Shop Local
As Small Business Saturday has its fifth anniversary this weekend, retailers who join the movement can help make this retail holiday a success. According to a Forbes article, Small Business Saturday and “the associated ‘Shop Small’ initiative has helped generate billions of dollars …
Read More »Overtime Labor Laws to Affect Retailers
In the year 2016, new labor laws about overtime practice are expected to take place. According to an article by the National Retail Federation, in order for retailers to voice their opinions on the topic, they must speak up in …
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