When Apple announced details of its not-yet-released iOS operating system this month, the name Lowe’s popped up as a partner in a new feature called Business Chat. That new feature will offer an avenue for Lowe’s to offer customer service …
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LED Lighting Helps Walmart Save $100M
Walmart has saved more than $100 million in energy costs after installing more than 1.5 million LED light fixtures at its stores, industry publication Electric Light & Power reports. The company announced its energy savings at the National Retail Federation’s …
Read More »Walmart to Cut 1,000 Corporate Jobs
Walmart is planning to slash more than 1,000 corporate jobs this month, The Wall Street Journal reports. The news comes shortly after the big-box retailer announced plans to raise its hourly minimum wage and close 63 Sam’s Club locations. “We’ve …
Read More »Walmart to Close 63 Sam’s Club Locations, Lay Off Thousands
Walmart unexpectedly announced it is closing 63 Sam’s Club locations across the U.S., potentially impacting up to 11,000 workers, Business Insider reports. According to Business Insider, many employees were unaware of the store closures until showing up for shifts to …
Read More »Walmart Raises Its Minimum Wage, Gives Bonuses
Walmart has announced plans to raise its starting wage for hourly associates to $11. In many states, that boost in the starting wage will be higher than the legally required minimum wage. The retailer is also offering a one-time bonus …
Read More »Home Depot Podcast Showcases Company Culture
Have you ever wanted a behind-the-scenes look at the Home Depot? You’re in luck. The company has created new podcast series called “Give Me An H,” which dives deeper in the “unique culture through the eyes and experiences of associates …
Read More »‘We’re Going After Sears,’ J.C. Penney CEO Says
Marvin Ellison, J.C. Penney’s current CEO and a former Home Depot executive, has his eye on Sears’ appliance business. “We’re going after Sears and we’re going after market share that we think is going to be available not only now …
Read More »The Latest on Home Depot’s Acquisitions
The Home Depot made deals to buy two businesses during the second half of 2017, eyeing opportunities for future growth online and in its brick-and-mortar locations. Now, reports suggest that the home improvement retailer is considering the purchase of XPO …
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