Home » Industry News (page 257)

Industry News

Lowe’s Layoffs Hit Another Department — Delivery

Croom

Lowe’s is continuing to reduce its U.S. staff, confirming Aug. 3 layoffs of  “an undisclosed number of delivery workers nationwide” and the outsourcing of their work, The Charlotte Observer reports. Lowe’s, which is headquartered near Charlotte in Mooreseville, North Carolina, told the Charlotte newspaper that the latest …

Read More »

Home Improvement Spending to Reach $316B

home improvement

According to Harvard University’s Joint Center for Housing Studies, Americans are expected to spend $316 billion on home improvement upgrades this year, reports The Wall Street Journal. Because of this growth in home improvement spending, home improvement retailers have continued to …

Read More »

Westlake Ace Hardware Makes Executive Changes

Ace Retail Holdings

Ace Hardware Corp. has announced two top leadership changes for Ace Retail Holdings, the branch of the cooperative that operates the 100 corporately owned Westlake Ace Hardware stores. As of Aug. 1, Ace Retail Holdings’ chief operating officer Joe Jeffries was promoted to president and chief …

Read More »

Survey: How Does Your Employee Compensation Compare?

Employee Compensation

Do you know how much businesses similar to yours are paying their cashiers or how much they spend on workers’ health insurance? Employee compensation is a massive investment for your operation. Knowing what your peers throughout the industry are doing …

Read More »

VP Pence Pledges Tax Reform, Job Growth at NRF Summit

pence

Vice President Mike Pence recently spoke to more than 200 attendees at the National Retail Federation’s (NRF) annual Retail Advocates Summit about the Trump Administration’s plans to cut taxes and initiate job growth. In his speech, Vice President Pence credited retailers with …

Read More »

The Switch: Amazon Buys Stores and Walmart Buys Websites

Click the picture to download a PDF of this story. Amazon Buys Stores and Walmart Buys Websites By Renee Changnon, rchangnon@nrha.org, Kate Klein, kklein@nrha.org, and Melanie Moul, mmoul@nrha.org Walmart, the world’s largest brick-and-mortar retailer, has been playing catch up online with Amazon for …

Read More »