Home » Newspage 270

News

Sears Canada Suggests ‘Significant Doubt’ About Future

Sears Canada

Sears Canada may be following in the footsteps of its former U.S. parent company, Sears Holdings. The Canadian company says it has “significant doubt” of its ability to continue operations, according to CNN. Sears Holdings used similar language regarding its ability to stay …

Read More »

City in Florida Wins 2017 America’s Main Streets Award

Independent We Stand has recognized DeLand, Florida, as the winner of its second annual America’s Main Streets contest. As the 2017 grand prize winner, the community’s downtown will receive $25,000. Independent We Stand, an organization that exists to promote small businesses, hosts the contest as a …

Read More »

Ace Hardware Names New Board Member

Ace Hardware

Ace Hardware Corp. has named Karen May as a new member of the cooperative’s board of directors. May is executive vice president and chief human resources officer of Mondelēz International Inc., which was formerly Kraft Foods Inc. She has served in a …

Read More »

Sears Cuts 400 Jobs, Loses 3 Executives

sears

As part of its restructuring plan to cut $1.25 billion from its expenditures in fiscal year 2017, Sears Holdings Corp. is cutting 400 positions from its headquarters and field operations, the company reports. At the start of the fiscal year, …

Read More »

Orgill Opens New Distribution Center

Distribution Center

Last week, Orgill Inc. announced its Post Falls, Idaho, distribution center is now fully operational and has begun serving retailers in five states throughout the Northwestern U.S. as well its customers in Western Canada. The distributor first announced the acquisition of …

Read More »

Iowa Retailer Dies at 103, Leaves Hardware Legacy

Whannel Hardware

For decades, customers who shopped at Whannel Hardware in Traer, Iowa, knew they could find helpful home improvement advice, a smile and a laugh from the store’s longtime owner, LeRoy Whannel. Even at the age of 103, the business was …

Read More »

Lowe’s Lays Off About 125 Tech Employees

chemicals

Lowe’s has laid off approximately 125 of its corporate technology employees and will move many of their positions to Bangalore, India, according to The Charlotte Observer. These layoffs are the latest of many staff cuts for Lowe’s, which has eliminated about …

Read More »

Sears to Close 72 More Stores

Sears Canada

Sears Holdings Corp. announced internally Tuesday that it would close 72 additional retail locations by September, according to Business Insider. The closures are in addition to the 180 stores the retailer has shuttered since the beginning of the year. Included in …

Read More »