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Home Depot Promotes New EVP – Merchandising

Home Depot

The Home Depot today announced the promotion of Ted Decker to Executive Vice President – Merchandising, effective August 4. In his new role, Decker will be responsible for all aspects of merchandising strategy and operations, reporting to Craig Menear, president …

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Shoppers Turn Away from Brick-and-Mortar

According to a recent Wall Street Journal article, U.S. retailers are facing a steep and persistent drop in store traffic, which is weighing on sales and prompting chains to slow store openings as shoppers make more of their purchases online. …

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New POS Virus Detected

The U.S. Computer Emergency Readiness Team, a division of the Department of Homeland Security, issued a warning to retailers about a new POS malware hack that has been detected. Dubbed “Backoff,” the family of malware exploits has been found in …

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Hourly Earnings Unchanged from May to June

Over the month, real average weekly earnings were unchanged in June, as a result of no change in both real average hourly earnings and the average workweek. Real average hourly earnings declined 0.1 percent, seasonally adjusted, from June 2013 to …

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Ace Hardware Honors 2014 Coolest Hardware Stores

Ace Honors 2014 Coolest Hardware Stores

Ace Hardware Corporation is proud to recognize six local Ace Hardware stores with the company’s fourth-annual “Coolest Hardware Store” awards. Of 4,850 locally owned and operated Ace Hardware stores worldwide, these six winners were named as winners of this prestigious …

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The State of Unemployment

In June, 17 states had unemployment rates that were significantly lower than the total U.S. figure of 6.1 percent, 8 states and the District of Columbia had measurably higher rates, and 25 states had rates that were not appreciably different …

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Lowe’s Offers Faster Delivery for Pro Customers

Lowe’s has launched ProExpress, an on-demand delivery service to get pros the emergency and last minute supplies they need. Since April 2014, these light-duty trucks have helped pro customers save time by making thousands of deliveries directly to business sites …

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