Sears CEO Edward Lampert has offered to purchase the company’s real estate holdings, its appliance-parts business, home services offerings and the Kenmore appliances brand, The New York Times reports. The purchase would be made through ESL Investments, a hedge fund …
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Click the picture to download a PDF of this story. By Renee Changnon, rchangnon@nrha.org Not Your Average Treehouse Growing up in Southeast Texas, Jason Ballard was conflicted. He spent his days playing outside in a heavily forested, biodiverse area called …
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Amazon CEO Jeff Bezos recently revealed information that has long been kept secret: Amazon Prime has more than 100 million paid members around the world. The announcement was included in Bezos’ annual letter to shareholders, which provides a look at …
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Walmart plans to spend $11 billion to remodel 500 existing stores and open 20 new locations, Business Insider reports. The store remodels will provide shoppers with “wider aisles, shorter shelving, new signs and flooring,” along with additional self-checkout lanes, the …
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After nearly a century in Chicago, Sears is closing shop. Sears Holdings Corp., which is headquartered in Hoffman Estates, Illinois, announced it would be shuttering its final Chicago store in July, according to the Chicago Tribune. The company is also planning …
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After months of speculation, 15 roundtable sessions and thousands of individual conversations and emails with members, the votes are in and True Value’s shareholders have overwhelmingly approved the sale of 70 percent of the company’s stock to private-equity firm ACON …
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Are you attending the National Hardware Show® and North American Retail Hardware Association (NRHA) All-Industry Conference? If so, would you be willing to walk or run for a good cause? The National Hardware Show and NRHA are hosting the Raise …
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During the holiday season, homeless shelters and food pantries are overwhelmed by the amount of volunteers and donations that come through the doors. However, as the holidays wind down and the hustle and bustle of daily life returns, people may …
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