News

Target Corporation released its financial results for Q1 2025, reporting net sales in Q1 of $28.8 billion, down 2.8% from Q1 of 2024 due to a decrease in merchandise sales.  Comparable store sales decreased 3.8% in the first quarter, reflecting …

Walmart recently released its financial results for the first quarter of 2025. Net sales for the quarter reached $108.7 billion, led by growth in the health and wellness and grocery categories. Walmart reported an increase of 4.5% in comparable store …

Headline after headline warns of the impending impact of global economic shifts, tariffs and other supply chain challenges on retailers. To better understand the realities of what’s happening in the hardlines supply chain and how retailers can best prepare for …

Lowe’s is bringing its customers more options than ever through its new online marketplace, launched in December 2024. Now, Lowe’s is accelerating the growth of its marketplace with a partnership with Mirakl, a global marketplace technology company. Through this partnership, …

Ace Retail Holdings, the parent company of Westlake Ace Hardware, Great Lakes Ace Hardware and other retail brands, announced it will relocate its Store Support Center (SSC) from its current location in Lenexa, Kansas, to a complex in Overland Park, …

Lowe’s reported its Q1 2025 financials, marking $20.9 billion in total sales, a 1.04% decrease year over year. Comparable store sales for the quarter decreased 1.7% as unfavorable weather early in the quarter was offset by mid-single-digit pro and online …

Arrow Fastener announced it will now be operating under the name Arrow Tool Group, effective immediately.  “For nearly a century, Arrow has stood for American ingenuity, hands-on reliability and practical solutions that professionals and DIYers depend on,” says Roberto Izaguirre, …

Verizon Business announced the results of its sixth annual State of Small Business Survey, reporting that small and medium-sized businesses (SMBs) are strongly adopting technology to increase market growth and operational efficiency. Driven by increasing accessibility to artificial intelligence (AI) …