Chad Moutray is the chief economist for the National Association of Manufacturers and develops forecasts for the manufacturing sector. He previously worked as the chief economist and director of economic research for the Office of Advocacy at the U.S. Small …
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The Costly Competition to Land Amazon’s HQ2
On Oct. 19, Amazon received 238 proposals from regions across North America, all competing to become the home of HQ2, Amazon’s second headquarters. Landing HQ2 was an enviable prospect for politicians and business leaders across the country. Amazon says it …
Read More »Manufacturers, Distributors Gather for Executive Planning Conference
Distribution America and PRO Group Inc. recently co-hosted distributors and manufacturers for the annual Executive Planning Conference in Florida. The mid-November event included three days of more than 2,600 face-to-face distributor and supplier meetings, as well as networking events. Steve …
Read More »Target to Remodel Roughly 1,000 Stores Nationwide
Target has unveiled its first “next-generation” store in Houston as it prepares to spend billions in the next four years to remodel more than 1,000 stores across the U.S. to compete against e-commerce titans, the Houston Chronicle reports. The first …
Read More »Labor Board Says Drivers Are Not Menards Employees
Menards has avoided another labor law violation with the National Labor Review Board’s decision on Nov. 17 that the retailer accurately categorized its delivery drivers as independent contractors instead of as employees. According to the complaint, drivers contracted by Menards (whether …
Read More »Industry Groups, Retailers, Lawmakers Divided on Tax Reform
The U.S. House of Representatives on Nov. 16 passed its tax reform bill, called the “Tax Cuts and Jobs Act,” sending the bill to the Senate for consideration, which is also deliberating its own tax reform bill, The New York …
Read More »Lowe’s Appoints New Chief Operating Officer
Lowe’s Cos. Inc. has announced that Richard D. Maltsbarger, Lowe’s chief development officer and president, international, has been named the company’s chief operating officer (COO), effective Feb. 3, 2018. Maltsbarger will succeed Rick D. Damron, who has served in the …
Read More »Retail Contest Announces 25 Quarterfinalists, Includes 5 Hardware Stores
Earlier this fall, Independent We Stand, a movement that exists to support independent businesses, kicked off its contest to help recognize locally owned small businesses that have gone above and beyond to deliver great customer service and community support. After …
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