Amazon has invaded another marketplace where many independent home improvement businesses and industrial suppliers, such as Grainger, excel. That marketplace focuses on commercial and industrial business-to-business selling, competing with “distributors who sell screws, pumps, fasteners and other parts for industrial America,” CNBC reports July 25. Amazon’s business-to-business arm, …
Read More »Industry News
International Garden Fair to Highlight Outdoor Trends
Spoga+gafa, the annual international garden fair, will be showcasing the latest in modern lawn and garden trends, such as stylish multifunctional furniture and new technology. The event, which is scheduled for Sept. 3-5 in Cologne, Germany, will be spread across …
Read More »Executive Planning Conference Scheduled for November
Manufacturers and distributors will gather this fall in order to discuss new business relationships and strengthen existing partnerships. Distribution America and PRO Group-affiliated distributors will connect with manufacturers Nov. 14-16 at the JW Marriott Marco Island Beach Resort in Florida for the annual Executive …
Read More »Lowe’s Launches DIY Home Improvement Training Program
Lowe’s recently launched a program called The UpSkill Project that trains consumers on the skills they need to complete DIY home improvement projects, the company reports. The program will send Lowe’s employees to 40 communities in the U.S. to teach nearly 200 consumers the …
Read More »Sears Taking Another Loan From CEO Edward Lampert
Sears Holdings CEO Edward Lampert recently increased his loans to the struggling company, which now total over $1.6 billion from the past two years, according to Business Insider. “Lampert, through his hedge fund ESL Investments, has agreed to give the company a $200 million …
Read More »Sears to Sell Smart Appliances on Amazon
Sears announced Thursday that it will begin selling Kenmore appliances on Amazon that feature Amazon’s smart home assistant Alexa, reports the Chicago Tribune. According to the article, Sears will sell Kenmore appliances that can be operated using Alexa’s voice-activation capabilities. …
Read More »Generation Z Consumers Want Unique, High-Quality Products
Generation Z is steadily entering the economy and retailers need to be prepared. The National Retail Federation (NRF) recently partnered with IBM to learn more about this emerging consumer demographic. The resulting study, Uniquely Generation Z, charts the traits and …
Read More »Sears Canada Looks to Sell, Lays off Thousands
In June, Sears Canada filed for bankruptcy protection and announced plans to close 59 locations and cut 2,900 jobs, according to Global News. Now, the company will begin reaching out to potential buyers while it’s under creditor protection, CBC News reports. The company plans to …
Read More »