A new survey from the National Retail Federation (NRF) and the University of Florida says that retail shrink, or losses from theft, fraud and other causes, decreased in 2017. Financial losses from retail shrink were $46.8 billion in 2017, down …
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When customers arrive at Oak Hill Hardware in Scarborough, Maine, they know they’ll be greeted with a smile and a wagging tail. Black Lab mix Rivet is a local celebrity, sought out by children and adults who drop in sometimes …
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Walmart is offering to pay for employees’ college tuition, books and fees if they pursue degrees in business or supply chain management, according to the company. “Investing in the personal and professional success of our associates is vital to Walmart’s …
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Lowe’s is requiring its salaried managers and assistant managers to sign binding arbitration agreements or possibly lose their bonuses, the HuffPost reports. The contract prevents employees from pursuing legal action against the big-box retailer in court or joining any class-action lawsuits …
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TreeHouse, an environmentally friendly home improvement chain with three locations in Texas, is closing its original store in Austin, according to an article from the Dallas Business Journal. On May 14, TreeHouse posted a statement about its decision to close …
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Lowe’s Companies, Inc. announced June 4 that chief financial officer Marshall Croom plans to retire from the company Oct. 5. Croom took the job of CFO in March 2017, replacing Robert F. Hull Jr. in the position when Hull retired. Croom …
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Blair Douglas, past president of both the Canadian Retail Hardware Association and the North American Retail Hardware Association, died in Caledonia, Nova Scotia, Canada, on May 29. He was 65 years old. Douglas was born in Caledonia, Nova Scotia, and …
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Independent We Stand is pleased to recognize Bridge Street Ashtabula in Ashtabula, Ohio, as the $25,000 winner of America’s Main Streets contest. As a top ten finalist two years in a row, voters rallied this year to push Ashtabula—population 18,311—to the top …
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