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Tag Archives: big box

Walmart, Other Big Boxes Find Holiday Sales Drivers

Black Friday

With the holiday sales season underway, big-box retailers are experimenting with new ways to attract customers to their brick-and-mortar locations to drive sales and deliver memorable holiday shopping experiences. Walmart is planning to hold thousands of parties this holiday season …

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Target to Remodel Roughly 1,000 Stores Nationwide

target

Target has unveiled its first “next-generation” store in Houston as it prepares to spend billions in the next four years to remodel more than 1,000 stores across the U.S. to compete against e-commerce titans, the Houston Chronicle reports. The first …

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Labor Board Says Drivers Are Not Menards Employees

labor

Menards has avoided another labor law violation with the National Labor Review Board’s decision on Nov. 17 that the retailer accurately categorized its delivery drivers as independent contractors instead of as employees. According to the complaint, drivers contracted by Menards (whether …

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Lowe’s Appoints New Chief Operating Officer

maltsbarger

Lowe’s Cos. Inc. has announced that Richard D. Maltsbarger, Lowe’s chief development officer and president, international, has been named the company’s chief operating officer (COO), effective Feb. 3, 2018. Maltsbarger will succeed Rick D. Damron, who has served in the …

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Better Than 2016: Lowe’s Sales Hit $16B in Q3

Lowe's

2017 is shaping up to be a better year than 2016 for Lowe’s, with sales and earnings increasing in its first nine months, including in the third quarter. Net earnings for the first three quarters were $2.9 billion, versus $2.4 …

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Lowe’s Puts ‘Lab-Like’ Smart Home Centers in 70 Stores

smart home

As consumers become more tech savvy and connected than ever before, retailers like Lowe’s are offering smart home products to meet evolving consumer needs. To help integrate these products and connected systems into customers’ everyday lives, Lowe’s has launched a store-within-a-store smart home concept inside …

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Sears Selling Properties to Support Worker Pensions

sears hometown

Sears Holdings has announced plans to contribute hundreds of millions of dollars to employee pensions with the sale of 140 properties, according to the company. “The struggling retailer said it expects to raise the $407 million in pension contributions by selling the …

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