Walmart is making some noticeable company changes with the help of an e-commerce innovator it picked up with the purchase of Jet.com. The innovator is Marc Lore, founder of Jet.com—the online retailer Walmart bought for about $3 billion in 2016. Lore’s ideas …
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Sears Holdings Corp. has now had three people serve in the role of chief financial officer in less than 12 months, The Wall Street Journal reports. The company named Rob Riecker as chief financial officer, starting this month. He was previously controller and …
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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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The annual reports for your publicly traded competitors are out, and here is how some of the companies compare. Walmart, which is still the world’s largest brick-and-mortar retailer, had sales increase by less than 1 percent from the 2015 calendar …
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Minneapolis-based Target Corp. has announced the coming departure of one of its top executives, after the retailer’s leadership team decided to abandon multiple tech innovation projects. On April 27, Target CEO Brian Cornell publicized the exit of chief strategy and innovation officer Casey Carl …
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Lowe’s is continuing to expand in Canada with Lowe’s stores, as well as with locations branded with Canadian retailer RONA’s name. Lowe’s confirmed this month that it has opened two new RONA stores in Quebec. The stores are located in the cities of …
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H.H. Gregg recently announced that it will close all of its 220 stores by the end of May after failing to find a buyer after filing for bankruptcy last month, reports the Minneapolis Star Tribune. According to the Star Tribune, the …
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Online and big-box retailers have added another factor to the competition for workers: new and expanded warehouses that pay more than minimum wage for low-skilled jobs. “Retailers and logistics companies have been opening warehouses at a record pace to ensure online orders reach …
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