News

The annual reports for your publicly traded competitors are out, and here is how some of the companies compare. Walmart, which is still the world’s largest brick-and-mortar retailer, had sales increase by less than 1 percent from the 2015 calendar …

To view a PDF of this story, click here. In an interview with Hardware Retailing, Jim Robisch of The Farnsworth Group discusses how retailers must not lose sight of the importance of in-store customer experiences while trying to compete against …

Millions of U.S. households own animals, and on any given day, these owners are in the market for everything from dog sweaters to pet-friendly home renovations. According to the National Association of Realtors, nearly 60 percent of U.S. households own …

Ace Hardware Corp. plans to restructure its East Coast distribution network—a move that includes closing both of its Emery-Waterhouse warehouses and building a new 1.1 million-square-foot facility, according to Ace. The consolidation of Ace’s distribution facilities is coming after a rigorous analysis of the …

Minneapolis-based Target Corp. has announced the coming departure of one of its top executives, after the retailer’s leadership team decided to abandon multiple tech innovation projects. On April 27, Target CEO Brian Cornell publicized the exit of chief strategy and innovation officer Casey Carl …

As a group, the millennial generation of 20- and 30-somethings is often culturally defined as lazy, technology-obsessed and spoiled. However, millennials make up more of today’s workforce than any other generation and, slowly, they’re becoming your target market. Instead of mainly worrying about …

Earlier this spring, the U.S. Small Business Administration (SBA) announced that the annual celebration of small businesses, National Small Business Week, will be April 30 through May 6. The federal agency has since planned events and awards that will highlight the strengths small businesses …

Lowe’s is continuing to expand in Canada with Lowe’s stores, as well as with locations branded with Canadian retailer RONA’s name. Lowe’s confirmed this month that it has opened two new RONA stores in Quebec. The stores are located in the cities of …