News

Property taxes are a significant portion of a retailer’s tax burden, and some big-box retailers have found a way to lessen their burden through what is called the “dark store” theory. The theory suggests that operational retail stores should be …

Click the picture to download a PDF of this story. According to a recent readership survey, nearly 90 percent of readers say Hardware Retailing provides them valuable information to help them run their businesses. In addition to using the magazine for best …

As retailers begin planning ahead for their busy spring selling season, those attending the True Value Fall Reunion were also encouraged to think in the moment. The buying show, which the co-op hosted in Chicago at McCormick Place, ran Sept. …

U.S. consumer confidence rose in the second quarter of 2017, showing a nearly 25 percent increase over year-to-year 2016 levels. Prices of existing home sales also continued to climb, buoyed by a June 2017 peak.  The Consumer Confidence Index rose …

If you’re hiring extra help to staff your retail store during the winter holidays, you won’t be competing for temporary hires with Walmart this year. “Wal-Mart is redefining the holiday hiring scene, at least for its huge operation of more …

When a local police officer died on duty, Mike Kokesh, a fellow police officer and co-owner of Long Lake True Value in Long Lake, Minnesota, and his co-owner Mark Schaefer, a local firefighter, wanted to honor their fallen friend. On Friday, Sept. …

Amazon and Walmart, two of the country’s largest retailers, are taking drastically different approaches to choosing locations for their corporate headquarters, The New York Times reports. Doug McMillon, Walmart’s chief executive, sent a letter to employees earlier this month, announcing …

The Home Improvement Research Institute (HIRI) recently presented the latest research on home improvement trends and the economic and social factors affecting the channel. Speakers at September’s 2017 Insights Conference in Chicago addressed topics including customer service, home technology and …