Sears Holdings lost one of its top executives when Kmart president and chief member officer Alasdair James left in March. James had worked for Kmart, which Sears Holdings owns, since 2014, according to Business Insider. James is taking over as president …
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Walmart Cuts More Corporate-Level Jobs
After announcing 1,000 corporate jobs were being eliminated in January, Walmart is making another round of cuts at its Arkansas headquarters as it continues to invest billions in its e-commerce operations, according to an article from Reuters. On Tuesday, the big-box retailer confirmed …
Read More »Amazon Charging Sales Tax in More States
Amazon now charges state sales tax in every state that has one. That means, as of April 1, Amazon started paying state sales taxes in Hawaii, Idaho, Maine and New Mexico, CNN Money reports. The only states where the company …
Read More »Lessons to Learn From Sears’ Mistakes
When Sears Holdings recently announced it has “substantial doubt” about its ability to continue its business, it confirmed the fact that the retailer has many more struggles to face. While Sears was once considered “America’s largest retailer,” its recent problems provide lessons for independent …
Read More »Will Lowe’s Staff Changes Hurt Customer Service?
The staff changes Lowe’s announced earlier this year to cut costs and focus more on customer service may hurt in-store experiences, Lowe’s employees tell Fast Company magazine. Lowe’s has cut corporate and store jobs and planned to move other employees who have …
Read More »If Sears Goes Bankrupt, Will Stanley Lose Craftsman?
Sears Holdings Corp. has acknowledged “substantial doubt” in its ability to stay out of bankruptcy, which may kill recent sales of its businesses, such as Craftsman. The struggling retailer released its annual report on Tuesday, and the news was dismal. Based on information from …
Read More »Stanley Finalizes Purchase of Craftsman Brand From Sears
Stanley Black & Decker announced it has completed its purchase of the Craftsman brand from Sears Holdings Corp. for approximately $900 million. The acquisition, which was first announced in January, gives “Stanley Black & Decker the right to develop, manufacture and sell …
Read More »Lowe’s Virtual Reality Tool Teaches DIY Projects
Lowe’s recently launched a virtual reality tool in its Framingham, Massachusetts, store that provides customers with a hands-on training experience for DIY projects, reports Fortune. The new tool, which Lowe’s calls the Holoroom How To, trains users how to install tile in a bathroom …
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