News

Lowe’s is consolidating Ace Canada operations this year so the big-box retailer and the cooperative will share Canadian distribution functions. Ace Canada will close two distribution centers and its main office in the country. Lowe’s distribution network and head office in …

J.C. Penney will close 130 to 140 stores and two distribution centers and will offer early retirement packages to about 6,000 employees, USA Today reports. The store closures would account for 13 to 14 percent of the department store’s total …

Fourth-quarter earnings increased for Lowe’s, following the company’s announcement of additional layoffs at its corporate headquarters and two support facilities. On March 1, the big-box retailer reported net earnings of $663 million, up by $11 million during the fourth quarter of 2015. Sales for the fourth quarter increased to …

See Something, Say Something In mid-September, three men entered Lyell Crest True Value and bought pipe caps, pipe nipples, cable ties, roofing nails, electrical tape, timers, wooden matches and wire. At the checkout counter, the trio asked the cashier if …

To view a PDF of this story, click here. Conference Reveals Insights Into Industry Challenges, Opportunities As a group, independent home improvement retailers are optimistic about the near future, with 78 percent saying they expect to see sales increase over …

To view a PDF of this story, click here. When you look throughout your store, one asset is clearly more important than all the others: your employees. Without them, it doesn’t matter how great the building looks, how well the …

To view a PDF of this story, click here. By Renee Changnon, rchangnon@nrha.org Balancing Businesses The town of Troy, Montana, is home to about 1,000 people. If you passed through, you wouldn’t find a traffic light, but any local could point …

To view a PDF of this story, click here. In the June 1968 issue of the magazine, then-managing editor John J. Sullivan tried his hand at shoplifting from a few independent stores, just to see how easy it was to …