Thousands of people from around the world gathered in New York this weekend at the National Retail Federation’s (NRF) annual industry event to focus on the ever-changing retail landscape and how retailers can keep up. The trade association’s 107th annual …
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Comment Period Open on Proposed Small Business Health Care Rules
In October, President Donald Trump signed an executive order that asked the Department of Labor to establish rules to allow small businesses within the same industry or geographic area to form associations across state lines to access less expensive health …
Read More »Sears Borrows Millions More From CEO, Plans Further Liquidity
Sears borrowed $100 million more from CEO Edward Lampert’s investment companies and may get an even bigger loan through a new agreement, according to a document filed with the Securities and Exchange Commission. The loan agreement gave Sears an initial …
Read More »International Builders’ Show Features Smart Products, Interactivity
Building materials and luxury design items were just some of the products on display Jan. 8-11 when the National Association of Home Builders (NAHB) welcomed thousands to Orlando, Florida, for Design & Construction Week. The week featured the International Builders’ …
Read More »Walmart to Close 63 Sam’s Club Locations, Lay Off Thousands
Walmart unexpectedly announced it is closing 63 Sam’s Club locations across the U.S., potentially impacting up to 11,000 workers, Business Insider reports. According to Business Insider, many employees were unaware of the store closures until showing up for shifts to …
Read More »Walmart Raises Its Minimum Wage, Gives Bonuses
Walmart has announced plans to raise its starting wage for hourly associates to $11. In many states, that boost in the starting wage will be higher than the legally required minimum wage. The retailer is also offering a one-time bonus …
Read More »Westlake Ace Hardware Buying 5 Stores, Expanding Into Washington
Westlake Ace Hardware is still in acquisition mode, now making plans to buy the Dennis Company, a five-store home improvement chain in Washington. On Jan. 11, Westlake announced the deal, which is slated to close March 26. The Dennis Company …
Read More »Home Depot Podcast Showcases Company Culture
Have you ever wanted a behind-the-scenes look at the Home Depot? You’re in luck. The company has created new podcast series called “Give Me An H,” which dives deeper in the “unique culture through the eyes and experiences of associates …
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