Lowe’s has named Marvin Ellison, former chairman and current CEO of J.C. Penney Co., as president and CEO, effective July 2. In March, Lowe’s announced a search for a new chief executive to replace retiring chairman, president and CEO Robert …
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Amazon Brick-and-Mortar Stores Going to Chicago, San Francisco
Amazon is expanding Amazon Go, its brick-and-mortar store concept that uses video cameras and mobile devices to eliminate the need for cashiers. The e-commerce retailer has been investing heavily in physical stores, buying the Whole Foods grocery chain for nearly …
Read More »Former Sears Brand Now Available at Lowe’s
The Craftsman tool brand, previously owned by Sears, has introduced a select line of products in Lowe’s stores and on its website, Lowe’s has confirmed. According to Lowe’s, “select CRAFTSMAN mechanics tool sets, tool storage, garage organization, flashlights and pressure …
Read More »2018 National Hardware Show® Highlights Innovation, Ideas
Last week, the city of Las Vegas brought the heat in many ways. In addition to warm weather, the 2018 National Hardware Show® and the North American Retail Hardware Association’s (NRHA) All-Industry Conference presented a sizzling showcase of unique products, …
Read More »True Value’s 2017 Financials Show Slight Revenue Decline
True Value Co. has released its final annual report as a cooperative, showing a slight revenue decline in 2017 from the year prior. In April, the company announced the sale of 70 percent of its stock to private-equity firm ACON Investments and …
Read More »Milwaukee Family Business Keeps the Past Alive With Museum Exhibit
Imagine having the ability to travel more than a century back in time. While there, you’re able to walk the streets of the city you call home and explore what it was like at the end of the 19th century. …
Read More »Highlighting Independent Retailers Along the Mississippi River
Click the picture to download a PDF of this story. By Renee Changnon, rchangnon@nrha.org On the Road Again Hitting the open road and embarking on a journey is something you have to do at least once in your lifetime. Whether …
Read More »New York Hardware and Outdoor Business Grows Customer Loyalty
Click the picture to download a PDF of this story. By Renee Changnon, rchangnon@nrha.org Bucking Tradition Growing up in Croghan, New York, Jake Buckingham enjoyed spending time outside, especially if it meant he was hunting, fishing or camping. During high …
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