News

Lowe’s has eliminated thousands of positions across the company, including many maintenance and assembly employees, reports The Wall Street Journal. Many of the workers affected by the announcement put together “grills, wheelbarrows and other products,” according to the report. Now, …

Members of generation X are now the most likely group to buy a home to house multiple generations of their families. According to recent research from the National Association of Realtors, about 17 percent of gen Xers (born between 1965 …

Earlier this summer, the National Retail Federation (NRF) released its 2019 National Retail Security Survey. The organization compiles the report based on surveys from loss prevention professionals who represent 63 companies within more than a dozen retail segments. The survey …

Appearing on CNBC’s “Mad Money,” Home Depot executive vice president and CFO Carol Tomé gave insight into the company’s interest in millennial homeowners, how it’s using technology to personalize retail experiences for pro customers and how home improvement leadership has …

The chief executive at True Value recently shared thoughts on how changes to the company have impacted the retailers it serves. In March 2018, True Value struck a deal with ACON Investments, effectively transitioning the company from its long-standing co-op …

Building a Brotherhood On a recent FaceTime call, Raffaelo Cianfaglione gave his friend Brian Kabat glimpses of his store in Norridge, Illinois. “He’s my hardware brother,” Cianfaglione says with a grin. Cianfaglione and Kabat are both independent home improvement retailers, …

Amazon Prime Day, the e-commerce giant’s annual shopping event, set new records for the company, leading to more sales than Amazon’s Black Friday and Cyber Monday events combined. Amazon says that worldwide, Prime members purchased more than 175 million items …

Offering competitive health insurance benefits can help a small business stand out in a field of employers. While there is plenty of time before renewal season in January, use the next few months to look at your current insurance offerings …