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Labor Board Says Drivers Are Not Menards Employees

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Menards has avoided another labor law violation with the National Labor Review Board’s decision on Nov. 17 that the retailer accurately categorized its delivery drivers as independent contractors instead of as employees. According to the complaint, drivers contracted by Menards (whether …

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Lowe’s Appoints New Chief Operating Officer

maltsbarger

Lowe’s Cos. Inc. has announced that Richard D. Maltsbarger, Lowe’s chief development officer and president, international, has been named the company’s chief operating officer (COO), effective Feb. 3, 2018. Maltsbarger will succeed Rick D. Damron, who has served in the …

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Better Than 2016: Lowe’s Sales Hit $16B in Q3

Lowe's

2017 is shaping up to be a better year than 2016 for Lowe’s, with sales and earnings increasing in its first nine months, including in the third quarter. Net earnings for the first three quarters were $2.9 billion, versus $2.4 …

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Ace Hardware’s Revenue Up Again in Q3

peavey industries

Ace Hardware Corp. reported growth in revenue and net income for the third quarter of 2017. The cooperative released its financial results Nov. 16, calling revenues of $1.34 billion a record for the company. Revenue for the quarter grew 9.1 percent …

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