Customers at Dollar General stores in Nashville, Tennessee, can now pay for items directly through their smartphones, company CEO Todd Vasos announced in a May earnings call. Vasos says the app launched in May and will soon expand to include …
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Supreme Court: States Can Require Online Retailers to Pay Sales Tax
The U.S. Supreme Court ruled June 21 that online purchases can be subject to the same state and local taxes as purchases made at brick-and-mortar locations, The New York Times reports. This week’s decision in South Dakota v. Wayfair, Inc. establishes that …
Read More »Do it Best Promotes Mergy to New Tech VP
Do it Best Corp. has promoted John Mergy to the role of vice president of information technology, effective July 1. Earlier this year, the co-op announced the retirement of the department’s former executive Mike Altendorf, who is retiring from the …
Read More »Tesla Ending Home Depot Partnership at Year-End
Tesla will cease selling its solar products at Home Depot by the end of the year, ending a brief retail partnership. Tesla began selling solar panels and batteries in Home Depot early this year, planning to create dedicated space for …
Read More »NRHA Launches Fresher, More Accessible Website
The North American Retail Hardware Association (NRHA) has launched a refreshed, updated version of its website that allows the association to serve independent home improvement retailers better. The new nrha.org, which went live June 15, features an updated design. The …
Read More »Illinois Lumber Company’s a-Maze-ing Journey
When Peter Loveland heads to work, he knows he’s walking in the footsteps of family members who came before him. Loveland is the fifth generation to manage his family’s home improvement business, Maze Lumber. Founded in Peru, Illinois, in 1848 …
Read More »Sears Hometown to Close Up to 100 Stores
Sears Hometown and Outlet Stores Inc. will close up to 100 of its 882 stores, the company announced in its first-quarter 2018 financial results. Sears Hometown and Outlet Stores is a Sears spinoff company that mainly sells appliances, hardware, tools …
Read More »Survey Says Retail Shrink Declined in 2017
A new survey from the National Retail Federation (NRF) and the University of Florida says that retail shrink, or losses from theft, fraud and other causes, decreased in 2017. Financial losses from retail shrink were $46.8 billion in 2017, down …
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