Retailers lost more than $3 per stolen dollar stolen in 2014, according to recent research. The cost of dealing with fraud, including stolen merchandise, bounced checks and unauthorized credit card transactions, came at a price of $3.08 per dollar stolen this …
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December marks the 100th year of business for Nichols Hardware in Purcellville, Virginia. Three generations of the Nichols family have maintained the store, according to an article from The Washington Post. Nichols Hardware has remained a place where loyal customers return, despite the …
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The millennial generation is quick to make impulse buys. Nearly 83 percent of millennials admit to having made an impulse purchase in the past, according to a Chase survey cited in an article by Retailing Today. The survey also found that 46 percent …
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Ace Hardware is promoting two leaders within the company. The co-op has named Dan Miller vice president of retail operations and new business and appointed Brian Wiborg as vice president of retail development and supply, according to a press release. “Ace is pleased to promote Dan …
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A former executive from The Home Depot is being honored with the 2015 Global DIY Lifetime Award. Jim Inglis, who worked as executive vice president for Home Depot from 1983 to 1996 and served on the retail giant’s corporate board …
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Sales of existing homes dropped in November. The decrease from October to November was 6.1 percent, with the market faltering in advance of the slower winter months. Sales of previously owned homes have hit their lowest level since May, according to a Forbes …
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The National Retail Federation offers the following loss-prevention tips for retailers during the holiday shopping season, which includes the days after Christmas when customers are spending their holiday cash and gift cards: Have your experienced staff members team up with …
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In the three days before Christmas and following, Americans expect to have holiday shopping left to do. About 20 percent of consumers thought they would still be doing some Christmas shopping during the two days before Christmas, on Christmas Day and after the holiday, …
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