Amazon has invaded another marketplace where many independent home improvement businesses and industrial suppliers, such as Grainger, excel. That marketplace focuses on commercial and industrial business-to-business selling, competing with “distributors who sell screws, pumps, fasteners and other parts for industrial America,” CNBC reports July 25. Amazon’s business-to-business arm, …
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Sears to Sell Smart Appliances on Amazon
Sears announced Thursday that it will begin selling Kenmore appliances on Amazon that feature Amazon’s smart home assistant Alexa, reports the Chicago Tribune. According to the article, Sears will sell Kenmore appliances that can be operated using Alexa’s voice-activation capabilities. …
Read More »Amazon to Acquire Whole Foods, Expand Brick-and-Mortar Footprint
On June 16, Amazon announced it would be acquiring the high-end grocery chain Whole Foods Market for $13.7 billion, reports The Wall Street Journal. The acquisition gives the online retailer a network of more than 460 stores “that could serve as beachheads for …
Read More »Former Home Depot CEO: Don’t Get Complacent
In a recent episode of “Fast Money” on CNBC, former Home Depot CEO Bob Nardelli spoke about how Home Depot has found success in both traditional and online retailing. “They are using the bricks and the clicks together,” Nardelli says in the …
Read More »360-Degree Views: Amazon, Menards, Target, Tractor Supply and Walmart
You know who your big-box and online competitors are, but do you truly understand the inner workings of their business? To help independent retailers grasp what’s going on with some of the world’s largest retailers, Hardware Retailing has been compiling packages …
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