News

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, …

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 …

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 …

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 …

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 …

Small business owners across the U.S. have an optimistic outlook concerning their operations’ health, when considering plans to hire, their revenue expectations and plans to invest back into the business, according to a new report. The findings come from MetLife …

Target will be testing a next-day delivery service for a limited number of customers in its headquarters city of Minneapolis this summer, the company reports. The service, called Target Restock, will be open to customers in Minneapolis that currently have Target’s …

Target CEO Brian Cornell and Home Depot’s founders are among the retail leaders taking opposing sides on a proposed border adjustment tax (BAT) for imported products. If passed, the proposal “imposes a tax on imports while providing a credit for exports,” The New York Times …