Target has announced “ambitious” new climate goals to reduce its carbon footprint, the company announced in a press release. The company says the new goals build upon previously announced energy efficiency standards and aim to greatly reduce greenhouse emissions. The …
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EPA Issues Ban on Consumer Methylene Chloride Products
The Environmental Protection Agency (EPA) has issued new limits on methylene chloride, a chemical found in paint stripping products, The New York Times reports. Previously, the Obama administration had called methylene chloride, which the Times reports has been linked to …
Read More »Stanley Black & Decker Questions ‘Real Home’ of Craftsman
Stanley Black & Decker has filed a lawsuit to prevent Sears from calling itself the “real home” of the Craftsman brand, according to the Chicago Tribune. Stanley Black & Decker purchased the brand from Sears in 2017 in a deal …
Read More »Lowe’s Announces Q4 2018 Financial Results
In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to …
Read More »Sears and Amazon Share Similar Pasts, Divergent Futures
Click the picture to download a PDF of this story. By Todd Taber, ttaber@nrha.org Reinvention of the Retail Giant Founded nearly a century apart, Sears and Amazon echo one another through the decades. Both companies began as small startups indistinguishable from most. Sears …
Read More »Home Depot Reports Q4, 2018 Financial Results
Home Depot has announced its financial results for the fourth quarter of 2018 and for the year overall. In total, the company reported sales of $26.5 billion for the fourth quarter of 2018, which represents a 10.9 percent increase over …
Read More »Sears and Amazon: Retail Innovation at a Glance
For Amazon and Sears, retail innovation has not been an overnight undertaking. Long before the companies made their marks on retail history, Sears got its start along Minnesota railroad tracks. Amazon began its global ascent from Jeff Bezos’ garage in …
Read More »Amazon Cancels Plans to Build HQ2 in New York
Amazon has canceled plans to build one of the sites of its second headquarters in New York City, reports The New York Times. After being granted nearly $3 billion in financial incentives, the online giant faced stiff criticism from some …
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