Big-box retailers Home Depot and Lowe’s are both aiming to improve their overall customer experience in 2019, according to separate reports. Home Depot is in the process of uniting its online and offline operations, a move that could change the …
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A Close Eye on 2019 Retail Trends
As the holiday shopping rush settles, many retailers are ready to look forward and see what retail trends and innovations may be on the horizon for the year ahead. The National Retail Federation Weighs In Matthew Shay, president and CEO …
Read More »Sears Chairman’s Hedge Fund Wins Bankruptcy Auction
ESL Investments, the hedge fund managed by Sears chairman Edward Lampert, has prevailed in a bankruptcy auction to save Sears from liquidation, according to a report from Reuters. The bid is valued at more than $5.2 billion and is more …
Read More »Do it Best Expands Merchandising Team
Do it Best has named Laura Williams and Nicole Kepler to new positions within its merchandising division, effective Jan. 14, the company announced in a release. Williams will serve as merchandise manager in hand tools, and Kepler will move to …
Read More »Hardware Distribution Warehouses Inc. to Close Distribution Facilities
On Jan. 4, Hardware Distribution Warehouses Inc. (HDW) announced the closure of both its warehouses, according to a statement posted to the company’s official website. “As most of you are aware, HDW has been in negotiations in an attempt to …
Read More »Discounts Run Deep at United Hardware’s January Market
Retailers attending the United Hardware January 2019 Buying Market started off the new year in a big way with aggressive buying opportunities and programs from their wholesaler to help build transaction size in their stores. One highlight of the market, …
Read More »Home Improvement Leadership Training Offers Strong Foundation
Investing in home improvement leadership training is a decision that can strengthen your business for decades to come. By demonstrating your belief in your managers and other high-level personnel, you can give them the confidence they need to lead your …
Read More »Chairman Prepares Revised Bid to Save Sears
Edward Lampert, chairman and former CEO of Sears, has announced a new $5 billion plan to save the company, according to a report from Reuters. Lampert’s revised offer will be reviewed by Sears at a Jan. 14 bankruptcy auction. The …
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