News

On Friday, Oct. 10, Kmart, a member of the Sears brand, announced the company had discovered its own payment security incident. According to a press release by the company, the Kmart IT team “detected that the Kmart store payment data …

For the first time since 2011, holiday sales are expected to increase more than 4 percent. According to the National Retail Federation, sales in November and December (excluding autos, gas and restaurant sales) are expected to increase 4.1 percent to $616.9 …

According to a USA Today article, Amazon will open its first physical location in Manhattan this holiday season. Unlike a typical retail store, Amazon will use this location as a small warehouse to ship same-day delivery products in New York, …

Last week, Curbside, a startup, free app began making strides towards a more mobile retail environment. According to an article in USA Today, Curbside is beginning in San Francisco Bay area and has plans to expand to 15 markets across …

Do it Best Corp. has named co-op veteran Jared Hufford as the new manager of INCOM Distributor SupplySM, its industrial and commercial supply division. Expanding the team and dedicating additional resources to support INCOM leads to signs of the business’ …

William “Bill” Foster Hooten, Jr., 88, of Johns Creek, Georgia, died on Oct. 2, 2014. His career in the hardware-automotive retail and wholesale industry spanned 40 years. He went from a copywriter to a corporate vice president and director of …

After spending the last 16 months gathering information and talking to members, True Value President and CEO John Hartmann lifted the curtain on the co-op’s new strategic plan during the company’s Fall Reunion last week in Denver. The plan, which …

While the Home Depot data breach has compromised as many as 56 million customer cards, there are a few steps that could have prevented the massive breach, according to an article by Market Watch. For four months, cardholder data moved …