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Founder of 25-Store Ace Chain Dies at Age 76

Costellos

Vincent J. “Vinnie” Costello, founder of Costello’s Ace Hardware in New York, died this month at age 76. Costello worked full time for the 25-store chain until earlier this year, and officially retired as CEO in May. He died June 4. “He loved to work. …

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Ace Hardware Makes Changes to Board of Directors

Ace Hardware

Ace Hardware Corp. recently announced changes to its board of directors. This month, co-op stockholders elected one new board member and re-elected two others. The new board member is Kristin Grunder, president and co-owner of Rome Ace Hardware, a single Ace store …

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Walmart Canada to Stop Accepting Visa Credit Cards

Walmart Canada

Walmart and Visa’s conflict over credit cards has gotten bigger. Starting July 18, Walmart Canada will begin to phase out Visa as a credit card its retail stores accept, according to the company. A U.S. lawsuit Walmart filed against Visa this …

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Make Your Online Presence Part of Customer Service

The majority of shoppers from around the world still research and make home improvement purchases in stores–but don’t think that means you can wait to build a robust online presence if you don’t have one. More than half of consumers make their home …

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Walmart Introduces Training Programs to Compete

walmart

Walmart has long been criticized for offering low-skilled jobs that pay little and offer few opportunities to move up. Now, it’s fighting back against those criticisms by offering new training programs for its employees. According to an article from The …

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Walmart Tests Drones to Manage Inventory

Drones

Walmart’s warehouse inventory management process could soon be speeding up. The country’s largest retail company is testing drones in distribution centers to help manage inventory more efficiently. Within nine months, the drones could be used in Walmart’s massive warehouses, according to The …

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