Target will be testing a next-day delivery service for a limited number of customers in its headquarters city of Minneapolis this summer, the company reports. The service, called Target Restock, will be open to customers in Minneapolis that currently have Target’s …
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Target CEO, Other Retail Leaders Take Sides on Border Tax
Target CEO Brian Cornell and Home Depot’s founders are among the retail leaders taking opposing sides on a proposed border adjustment tax (BAT) for imported products. If passed, the proposal “imposes a tax on imports while providing a credit for exports,” The New York Times …
Read More »Lowe’s Tests Robotic Suits on Virginia Store Employees
A handful of employees at a Lowe’s store in Virginia have traded in their uniforms for something designed to help lighten the load—exoskeletons. The home improvement company and Virginia Tech joined forces to develop what they dubbed an “exosuit—a wearable robotic …
Read More »Q&A With Reimagine Retail $100K Winner
To view a PDF of this story, click here. And the Winner Is… The National Hardware Show® Awards Idaho Store $100K Through the First Reimagine Retail Program What would you do with $100,000 to improve your business? Perhaps you’d put …
Read More »Sherwin-Williams’ Valspar Acquisition Approved
Last Friday, federal regulators approved Sherwin-Williams’ acquisition of Valspar Corp. as both companies agreed to sell Valspar’s North American Industrial Wood Coatings Business, reports Reuters. Valspar sold its coatings business, which manufactures stains, sealants and other coatings products, to Axalta in …
Read More »SBA Chief Is ‘Optimistic About Small Business’
Linda McMahon, new administrator for the U.S. Small Business Administration (SBA), believes entrepreneurship is making a comeback and the SBA can help. “I’m so optimistic about small business in America. I wouldn’t have taken this job if I wasn’t,” McMahon …
Read More »Target Paying Additional $18.5M for Data Breach Settlement
Target will pay $18.5 million to states throughout the U.S. as part of settling lawsuits connected with a 2013 data breach that exposed 60 million customers’ personal information. The May 23 settlement is one of the largest ever reached in …
Read More »JC Penney Hires Another Exec From Home Improvement Sector
J.C. Penney has once again hired a top executive from the home improvement industry with its appointment of Marci Grebstein to the role of executive vice president and chief marketing officer, according to the company. Grebstein, who will begin her new role …
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