On Oct. 19, Amazon received 238 proposals from regions across North America, all competing to become the home of HQ2, Amazon’s second headquarters. Landing HQ2 was an enviable prospect for politicians and business leaders across the country. Amazon says it …
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Target to Remodel Roughly 1,000 Stores Nationwide
Target has unveiled its first “next-generation” store in Houston as it prepares to spend billions in the next four years to remodel more than 1,000 stores across the U.S. to compete against e-commerce titans, the Houston Chronicle reports. The first …
Read More »Lowe’s Appoints New Chief Operating Officer
Lowe’s Cos. Inc. has announced that Richard D. Maltsbarger, Lowe’s chief development officer and president, international, has been named the company’s chief operating officer (COO), effective Feb. 3, 2018. Maltsbarger will succeed Rick D. Damron, who has served in the …
Read More »Facebook Community Boost Aims to Help Small Businesses Profit
Facebook Community Boost, a new program that aims to help small business employees learn how to use Facebook to connect with customers and increase business, will sweep through 30 U.S. cities in the next year, USA Today reports. Facebook plans to …
Read More »2017 Holiday Sales Forecast: Online Shopping Up, Overall Sales to Climb
Retailers across the country are gearing up for a busy holiday sales season, with sales projected to be 3.6 to 4 percent higher than last year, the National Retail Federation (NRF) reports. That increased spending can add up for independent …
Read More »Amazon Cash Expands to 8,000 7-Eleven Locations
Amazon Cash, a service that lets customers instantly add money to their Amazon.com accounts at brick-and-mortar retail locations, is now available at approximately 8,000 7-Eleven locations, technology blog TechCrunch reports. The service launched in April 2017 “as a way to …
Read More »Thousands of Vendors Expected for 2018 International Hardware Fair
If you’re looking for unique ways to differentiate your business, see developing trends in home improvement and network with other retailers and industry leaders from around the world, the 2018 EISENWARENMESSE – International Hardware Fair (IHF) is a must-visit exhibition. …
Read More »Walmart’s Marc Lore Discusses Retailer’s Online Acquisition Strategy
Speaking with the Wall Street Journal, Walmart’s e-commerce chief Marc Lore discussed the importance of recent online acquisitions and Walmart’s ongoing plans to complete digitally. After recently acquiring many online companies, including ShoeBuy, Bonobos, ModCloth and delivery company Parcel, Lore …
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