H.H. Gregg recently announced that it will close all of its 220 stores by the end of May after failing to find a buyer after filing for bankruptcy last month, reports the Minneapolis Star Tribune. According to the Star Tribune, the …
Read More »Industry News
Wallace Hardware Walks Down Memory Lane at Spring Dealer Market
In addition to the products and deals available at the Wallace Hardware Spring Dealer Market held April 11-13 in Pigeon Forge, Tennessee, attendees were also treated to a bit of a history lesson about the company. To celebrate more than …
Read More »Competing for Employees in a Workers’ Market
Online and big-box retailers have added another factor to the competition for workers: new and expanded warehouses that pay more than minimum wage for low-skilled jobs. “Retailers and logistics companies have been opening warehouses at a record pace to ensure online orders reach …
Read More »3 Reasons Retail Stores Are Steadily Closing
Store closures have become a growing trend, with big boxes such as Walmart, J.C. Penney, Sears, Kmart and others shuttering or planning to close scores of locations. The reason is neither declining retail sales, nor entirely because of e-commerce, The Atlantic magazine …
Read More »See You in the NRHA Village at the Conference!
If you are attending the North American Retail Hardware Association (NRHA) All-Industry Conference and the National Hardware Show®, you will not want to miss what’s happening in the NRHA Village. Free for all independent retailers, the 2017 NRHA All-Industry Conference will offer …
Read More »Exec Leaves Sears Holdings to Lead Pier 1 Imports
Sears Holdings lost one of its top executives when Kmart president and chief member officer Alasdair James left in March. James had worked for Kmart, which Sears Holdings owns, since 2014, according to Business Insider. James is taking over as president …
Read More »Walmart Cuts More Corporate-Level Jobs
After announcing 1,000 corporate jobs were being eliminated in January, Walmart is making another round of cuts at its Arkansas headquarters as it continues to invest billions in its e-commerce operations, according to an article from Reuters. On Tuesday, the big-box retailer confirmed …
Read More »2017 Cost of Doing Business Study: What’s In It for You?
Would you like to know how your store compares to average and high-profit home improvement stores? When you participate in the 2017 Cost of Doing Business Study, the North American Retail Hardware Association (NRHA) will give you free benchmarking tools …
Read More »