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RONA and Ace Form New Partnership

RONA and Ace Hardware have announced a long-term agreement for master licensing of the Ace brand in Canada. Under this agreement, RONA has specific rights and privileges with respect to Ace Hardware brands, retail operating systems and web portals. RONA …

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Wal-Mart Replaces U.S. CEO

Wal-Mart Stores Inc replaced its U.S. head Bill Simon with Asia chief Greg Foran. According to Reuters, the moves comes as Wal-Mart seeks to restore the fortunes of its largest business after a year of sluggish sales. A 35-year retail …

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Exclusive: Ace Tells All About Mitre 10 Alliance

Beginning July 1, Ace Hardware  became the wholesale supplier to Mitre 10, a New Zealand cooperative comprised of 81 member-owned stores. Hardware Retailing magazine interviewed Robert Moschorak, president of Ace Hardware International regarding some of the details of the agreement in the following exclusive …

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NRF Adjusts Annual Economic Forecast Down

The National Retail Federation lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster over the next five months. NRF forecasted in …

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Benjamin Moore’s Latest Publicity Stunt: A Yo-Yo

Benjamin Moore has been gaining media attention lately with some pretty off-the-wall stunts. While it’s still debatable whether these stunts will yield any real sales, it’s not debatable that the stunts are entertaining. According to Marketingland.com, aiming to tout the …

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A Need for Faster Order Management Systems

According to Multichannel Merchant, customers no longer differentiate between online and in-store experiences. To attract and retain today’s empowered shoppers, retailers must blend the physical and digital worlds into a seamless omnichannel commerce experience that offers buy anywhere, fulfill from …

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Lowe’s Picks Indiana for New Customer Support Center

Lowe’s, in conjunction with the State of Indiana and the City of Indianapolis, announced the company’s plans to locate a Customer Support Center in Indianapolis. The Mooresville, North Carolina-based company and world’s second largest home improvement retailer plans to invest …

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