Industry News

According to an article on Yahoo! Finance, The Container Store, a business with 67 US locations garnering nearly $800 million in profits, has a unique stance on wages for its retail employees. The article says the company pays employees “nearly …

Colorado Springs Ace Hardware stores are teaming up with a local garden store to help customers compost yard waste. Ace Hardware and Don’s Garden Shops are helping local residents by making it easier to compost. Ace Hardware will provide free …

New products, new vendors, and more than $100 million in member rebates drove a successful Do it Best October Market, held Oct. 17-20 at the Indiana Convention Center in Indianapolis. The market got off to a strong start on Friday …

A recent survey sponsored by MarketLive analyzed what social media interactions will be occurring this holiday season. Some actions that will be important this season from a social perspective are reviewing purchased products, using social sites to find gift ideas …

The Hyde Group announced the promotion of Robert Scoble to a new key role as president of Hyde Group, Inc., effective October 15, 2014. Rob reports to Richard M. Clemence, CEO of the Hyde Group, Inc. In his new position, …

According to an article by the National Retail Federation, retail industry employment increased by 35,500 jobs in September. According to the U.S. Bureau of Labor Statistics Employment Situation Summary, the total nonfarm payroll employment rose by 248,000 in September and …

J.C. Penney recently named Marvin Ellison, a Home Depot executive, as the next president and chief executive, according to an article by the New York Times. Currently, Ellison is executive vice president for stores at Home Depot, and will join …

Mike Frattallone, co-owner of Frattallone’s Ace Hardware, has earned two separate awards for his dedication to philanthropy. Children’s Miracle Network Hospitals, a charity that raises vital funds and awareness for 170 member hospitals, announced Frattallone will be named its Local …