What is the newest color trend for 2015? Marsala. Picked by the Pantone Color Institute®, this reddish brown color is reminiscent of wine. In fact, the name Marsala comes from a wine produced in the city of Marsala, Italy. “This …
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More Consumers to Shop Local this Holiday Season
Independent retailers can expect to see more customers looking to shop local this holiday season, according to an article by Forbes. The article explains that, based on a recent survey by Deloitte, “more than two-thirds (68%) of consumers plan to shop …
Read More »Hachborn to be Inducted into the Canadian Business Hall of Fame
This spring, Walter J. Hachborn, co-founder of Home Hardware Stores Limited, will be inducted into the Canadian Business Hall of Fame. The ceremony for the Canadian Business Hall of Fame will take place May 4, 2015, in Toronto. The honor …
Read More »Sears Third Quarter Results Show Struggles
Sears Holdings announced its third quarter results, which posted a loss of $548 million on $7.2 billion in revenue, according to an article from The New York Times. Additionally, the company has been seeking to raise money, and it may sell some of its …
Read More »Home Depot Buying Back Distributor
The Home Depot is buying back HD Supply Holdings Inc., a distributor of fasteners, plumbing parts, chain and other hardware. The distributor was part of the big box hardware retailer in the past, and relies on Home Depot for about 98 …
Read More »Valspar Buys Canadian Coatings Manufacturer
Paint company Valspar Corporation recently bought a Canadian coatings manufacturer. In November, Valspar completed the purchase of Madison Chemical Industries Inc., which is headquartered in Ontario. The companies did not release financial details of the deal. Madison’s protective coatings, made …
Read More »Amazon Adds Robots to Warehouse Operations
As more consumers are shopping and making purchases online, Amazon, one of the largest e-commerce retailers, has added a new variety of workers to the mix: robots. The retailer is boosting efficiency in warehouses with the help of more than 15,000 wheeled …
Read More »US Economy Above Predictions in Third Quarter
During July, August and September, the nation’s economic output grew at a faster rate than the government expected, according to an article by The New York Times. Gas prices have dropped, leaving additional funds for other purchases, and consumers continue to boost …
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