Marvin Ellison, J.C. Penney’s current CEO and a former Home Depot executive, has his eye on Sears’ appliance business. “We’re going after Sears and we’re going after market share that we think is going to be available not only now …
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Millennials Helped Amazon Take 4 Percent of All Retail Sales in 2017
According to e-commerce analytics company One Click Retail, Amazon took 4 percent of all retail sales in the U.S. in 2017, with millennials driving sales in home and kitchen goods, reports CNBC. Sales on the platform also represented 44 percent of …
Read More »Affluent Consumers Opt to Shop Small, Avoid Malls
Spending growth at small businesses has outpaced big-box chains in the past two years and affluent consumers are contributing to the growth, according to Bloomberg. When consumers aren’t shopping online, they are seeking out businesses that provide personal connections and …
Read More »National TV Show Shoots at New York Hardware Store
Last summer, it was lights, camera, action at Wadeson Home Center when the store was used as a set for an online TV show. Located in Warwick, New York, an hour away from New York City, the store had been …
Read More »The Latest on Home Depot’s Acquisitions
The Home Depot made deals to buy two businesses during the second half of 2017, eyeing opportunities for future growth online and in its brick-and-mortar locations. Now, reports suggest that the home improvement retailer is considering the purchase of XPO …
Read More »Amazon, Walmart Online Prices Closer Than Ever
A new study from financial data firm Market Watch finds that Walmart and Amazon’s online prices are closer than ever, Business Insider reports. The study, which tracked prices on Amazon and Walmart’s website, spanned 700 days. Walmart’s online prices were …
Read More »Speller’s True Value Invests in the Community
Click the image above to view a full PDF. Casting the Right Spell Since the 1960s, the east side of Waterloo, Iowa, hasn’t seen very much economic activity other than restaurants and convenience stores. Allen Speller and his father, Wendell, …
Read More »2018 International Hardware Fair Focuses on Digital Opportunities
Click the image above to view a full PDF. A Global Glimpse Get a head start on your competition by visiting the EISENWARENMESSE International Hardware Fair (IHF) to see a sneak peek of upcoming products from leading manufacturers. The event …
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