Tag Archives: big box

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 …

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 …

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 …

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 …

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 …

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 …

A former Lowe’s executive—who had been a potential successor for the company’s current CEO—is alleging he lost his job due to racism. Michael Jones became chief customer officer for Lowe’s in 2014, and The Wall Street Journal reported at the time that the …

Home Depot is adding a $25 million settlement with banks and credit card companies to its rising data breach costs, which are nearing $200 million total. In September 2014, the retailer confirmed the massive data breach, which exposed payment card information from more than 50 million customers. …