Electronics retailer Best Buy is testing outlet stores in four states as an alternative way to sell clearance and open-box merchandise, according to the Minneapolis/St. Paul Business Journal. The outlet stores will sell clearance and open-box merchandise at discounts up to …
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Sears Holdings is restructuring to reduce its costs by $1 billion in 2017, the company announced Feb. 10. The retailer has seen steadily declining sales at its Kmart and Sears stores, and has been looking for ways to get profitable again. Earlier this year, …
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The National Hardware Show® will be awarding one lucky retailer $100,000 to invest in the future of their business through its Reimagine Retail Program. The program is open to all independently owned home improvement/hardware retailers. Retailers will be able to enter …
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Sometime in 2017, Target shoppers will be able to pay for in-store purchases with a Target-specific mobile app, Reuters reported in January. Michael McNamara, Target’s chief information and digital officer, confirmed to technology news site Recode that mobile payments would be offered on at least …
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Target has halted multiple tech projects, including a store that would feature robots, to improve its existing operations, according to the Star Tribune. “We recently made some changes to the innovation portfolio to refocus our efforts on supporting our core …
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President Donald Trump recently signed an executive order regarding federal agency regulations that he says will have a positive impact on small business operations. The executive order signed Jan. 30 mandates that federal agencies must present two regulations to be eliminated …
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American football fans had a lot to talk about after Sunday night’s game—the first overtime in Super Bowl history, the Patriot’s unexpected comeback and 84 Lumber’s commercial. According to Time, the building materials company’s ad “tells the story of a Hispanic …
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The North American Retail Hardware Association (NRHA) wants you to know they’re the perfect match for your business. Sign up for a membership NRHA Feb. 6 through Feb. 14 and be entered to win a trip to the National Hardware Show® and NRHA All-Industry …
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