The National Retail Federation (NRF) released data late last month projecting Mother’s Day spending to reach a record $23.6 billion. NRF partnered with Prosper Insights & Analytics to conduct its annual survey of Mother’s Day shoppers, discovering the 14-year record …
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Independent We Stand Travels the Rocky Mountains
Independent We Stand, a movement committed to strengthening small businesses throughout the country, recently completed its annual road trip in celebration of locally owned businesses. During the road trips, Independent We Stand travels to five cities in five states in five days, visiting …
Read More »National Hardware Show® Announces Finalists for $100K Prize
The National Hardware Show® today announced the top 10 finalists for the first Reimagine Retail program, which will award $100,000 to an independent home improvement retailer to invest in a business improvement project. More than 100 retailers submitted plans to improve …
Read More »HDW Making Corporate Move, Texas Expansion
Hardware Distribution Warehouses, Inc. (HDW) has announced its purchase of a 670,000-square-foot facility in Marshall, Texas, that will serve as the company’s new corporate headquarters. The company will also consolidate its Houston and Shreveport, Louisiana, distribution centers in the new location, in addition to moving its …
Read More »Home Depot Customer Information Exposed
A spreadsheet including about 8,000 Home Depot customers’ transaction details and personal information was briefly posted on a Home Depot website for an unknown length of time, according to The Atlanta Journal-Constitution (AJC). Although financial data was not included in the information, this comes a …
Read More »US Lumberyards Expected New Tariff, ‘Domino Effect’ on Prices
A new U.S. tariff on imported Canadian softwood lumber, such as pine, is the latest change to an old trade debate between the two countries. The U.S. government, as of late April, is implementing a 20 percent tariff, or import …
Read More »Jet.com Founder Helps Walmart Innovate
Walmart is making some noticeable company changes with the help of an e-commerce innovator it picked up with the purchase of Jet.com. The innovator is Marc Lore, founder of Jet.com—the online retailer Walmart bought for about $3 billion in 2016. Lore’s ideas …
Read More »Sears Replaces CFO, Cuts More Costs
Sears Holdings Corp. has now had three people serve in the role of chief financial officer in less than 12 months, The Wall Street Journal reports. The company named Rob Riecker as chief financial officer, starting this month. He was previously controller and …
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