With Black Friday about a week away, retailers are pulling out all the stops with their pricing strategies. The company 360pi, which analyzes product and pricing data, recently examined the pricing numbers for power tools at Amazon, Home Depot and Lowe’s. According to …
Read More »Industry News
Target’s New App Makes In-Store Shopping Easy
Rather than ignoring the fact that consumers are using their mobile devices to shop while in the store, Target tackled the challenge head-on through its mobile app. Using location-based technology from Point Inside, Target’s app allows customers to pick a …
Read More »Lowe’s Welcomes McCanless Back in Executive Role
Lowe’s announced in a press release that Ross W. (Bill) McCanless will be joining the company as the general counsel, secretary and chief compliance officer starting Jan. 12. McCanless is returning to Lowe’s top legal role, which he held from 2003 to 2006, according …
Read More »From Saving to Spending
As the holiday season quickly approaches, consumers plan to shift their saving strategies toward the end of the year. The Holiday Spending and Savings Study, conducted by Edward Jones, analyzed the upcoming saving to spending ratio consumers will sustain. With more …
Read More »Small Business Saturday Attracts Customers
Over the years, Black Friday and Cyber Monday have become synonymous with holiday shopping and great deals. A retail holiday on the rise that has emerged between these two days is Small Business Saturday. According to an article by Forbes, …
Read More »Ace Retailer and Fuller Center Forge a Lasting Bond
Businesses are built on relationships, and, as it turns out, community involvement is, too. An example is the relationship between the Fuller Center for the Housing Hero Project of Lake County and Laskowski Ace Hardware, a family business comprised of …
Read More »Lowe’s Announces Third Quarter Results
According to a press release by Lowe’s, the company announced net earnings of $585 million for the third quarter, which ended Oct. 31. These earnings were a 17.3-percent increase over the same period a year ago. Diluted earnings per share …
Read More »True Value Kicks off the Season Six Premiere of CBS’s Hit Series “Undercover Boss”
True Value Company President and CEO John Hartmann goes undercover on the season six premiere of “Undercover Boss” airing on Sunday, Dec. 14, 2014 (8:00-9:00 PM, ET/PT) on the CBS Television Network. Hartmann traveled across the U.S., from Massachusetts to …
Read More »