While many retailers were already successfully using social media as part of their marketing strategy, the COVID-19 pandemic shed new light on the importance of having an online presence for any retailer, no matter the industry. Shoppers are using social …
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Major retail chains are raising their starting wages for hourly workers in the U.S., CNN reports. Costco will raise its minimum wage this week to $16 for hourly workers. The company employs roughly 180,000 people in the U.S., and about …
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Market research firms The Farnsworth Group and the Home Improvement Research Institute (HIRI) are tracking pro and DIY project activity as COVID-19 continues to impact the home improvement market. In the latest update focused on DIYers, new data reveals exactly …
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The latest round of Paycheck Protection Program (PPP) funding opened in January, and now, the Small Business Administration (SBA) is taking steps to prioritize lending to small businesses. To achieve this, the administration will: Establish a 14-day, exclusive PPP loan …
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Pharmacy, health and beauty company Walgreens announced it will be partnering with Instacart, a North American online grocery platform, to provide an on-demand delivery option to its customers, CNN reports. Prior to the agreement, Walgreens did not have its own …
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Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …
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True Value CEO Chris Kempa took time to speak to Hardware Retailing before the company launches its 2021 Spring V-Union. Learn more from Kempa about what to expect from this year’s virtual event, how True Value is adapting to better …
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Big-box chain Home Depot has announced its fourth-quarter and fiscal year 2020 financial results, reporting more than $132 billion in sales throughout the year. Sales in the fourth quarter stood at $32.3 billion, an increase of 25.1 percent from the …
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