Sears Holdings is restructuring to reduce its costs by $1 billion in 2017, the company announced Feb. 10. The retailer has seen steadily declining sales at its Kmart and Sears stores, and has been looking for ways to get profitable again. Earlier this year, …
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Sometime in 2017, Target shoppers will be able to pay for in-store purchases with a Target-specific mobile app, Reuters reported in January. Michael McNamara, Target’s chief information and digital officer, confirmed to technology news site Recode that mobile payments would be offered on at least …
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Target has halted multiple tech projects, including a store that would feature robots, to improve its existing operations, according to the Star Tribune. “We recently made some changes to the innovation portfolio to refocus our efforts on supporting our core …
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American football fans had a lot to talk about after Sunday night’s game—the first overtime in Super Bowl history, the Patriot’s unexpected comeback and 84 Lumber’s commercial. According to Time, the building materials company’s ad “tells the story of a Hispanic …
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The Home Depot is making major moves toward sustainability through a recent investment in a Texas wind farm. While the energy purchased from the wind farm is enough to power 100 Home Depot stores for a year, it also gives back …
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Lowe’s confirmed in January that it would be eliminating 2,400 management jobs, and those staff cuts are unsettling to employees companywide, according to The Charlotte Observer. “The layoffs announced this month are causing angst and uncertainty at the company’s headquarters … as well as …
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Walmart is ending its free shipping subscription program ShippingPass in favor of a free two-day shipping policy for purchases of $35 or more for all customers, reports USA Today. The big-box retailer will end the subscription program, known as ShippingPass, …
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In July 2015, Target launched Target Open House, a concept store in San Francisco that invites Internet of Things (IoT) entrepreneurs to debut their products in a retail space where consumers can interact with items before they buy them. IoT …
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