Amazon CEO Jeff Bezos recently revealed information that has long been kept secret: Amazon Prime has more than 100 million paid members around the world. The announcement was included in Bezos’ annual letter to shareholders, which provides a look at …
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Walmart plans to spend $11 billion to remodel 500 existing stores and open 20 new locations, Business Insider reports. The store remodels will provide shoppers with “wider aisles, shorter shelving, new signs and flooring,” along with additional self-checkout lanes, the …
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After nearly a century in Chicago, Sears is closing shop. Sears Holdings Corp., which is headquartered in Hoffman Estates, Illinois, announced it would be shuttering its final Chicago store in July, according to the Chicago Tribune. The company is also planning …
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After months of speculation, 15 roundtable sessions and thousands of individual conversations and emails with members, the votes are in and True Value’s shareholders have overwhelmingly approved the sale of 70 percent of the company’s stock to private-equity firm ACON …
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Are you attending the National Hardware Show® and North American Retail Hardware Association (NRHA) All-Industry Conference? If so, would you be willing to walk or run for a good cause? The National Hardware Show and NRHA are hosting the Raise …
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During the holiday season, homeless shelters and food pantries are overwhelmed by the amount of volunteers and donations that come through the doors. However, as the holidays wind down and the hustle and bustle of daily life returns, people may …
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Ace Hardware is working with four Giant Eagle supermarkets in Pennsylvania to open hardware stores within the grocery stores. “We can confirm that select Giant Eagle locations in the Pittsburgh area will be integrating Ace Hardware stores,” Ace Hardware says …
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Walmart is nearing a deal to buy a majority stake in Indian e-commerce company Flipkart, Reuters reports. The purchase would be Walmart’s largest acquisition of an online company, but Amazon may attempt to step in and present a counteroffer, Reuters …
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