Sears Holdings Corp. may be struggling financially, but its spinoff, Sears Hometown and Outlet Stores, is growing with the help of independent retailers. In fact, James Cabirac, owner of Kief Hardware in Cut Off, Louisiana, opened a Sears store-within-a-store this …
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Expanding Ways to Pick Up, Return Online Orders
Big-box retailers such as Walmart and Home Depot are using store locations for customers to pick up and return online orders, and e-commerce businesses are turning to brick-and-mortar sites to do the same. Both traditional and online retailers are opening physical locations, ranging in size …
Read More »Target CEO: Strong Online Sales Didn’t Help Overall Holiday Sales
Target Corp. announced Wednesday that sales at its stores that had been open at least one year fell more than 3 percent in November and December below sales from the same months in 2015. During the same period, the retailer’s digital sales grew 30 percent. Even …
Read More »How Home Depot Analyzes and Uses Customer Data
The Home Depot collects data from digital resources, such as its website, promotional emails and social media, and uses that information to drive traffic to stores and better target its advertising and marketing efforts. A Home Depot executive discussed those methods Jan. 16 at …
Read More »Lowe’s Appoints New Chief Financial Officer
Lowe’s will have a new chief financial officer starting March 3. The big-box retailer has chosen Marshall A. Croom to replace Robert F. Hull Jr. in the role. Hull is retiring after 17 years with the company and will stay through March to help with …
Read More »Walmart to Add 10K Retail Jobs in the US
Walmart plans to add 10,000 retail jobs in the U.S. within the next year, according to The New York Times. Walmart says it plans to build, expand or relocate 59 Walmart and Sam’s Club stores and distribution centers. The company says …
Read More »Amazon Envisions Floating Distribution Centers
Amazon made its first successful product delivery by unmanned drone in December, and the online retailer had already been thinking ahead for ways to improve air delivery. Amazon filed a patent in 2014 for what the company calls “airborne fulfillment centers,” according to the patent …
Read More »Lowe’s Reducing Its Workforce
Lowe’s has plans for laying off and changing job descriptions for thousands of people in its workforce, according to The Wall Street Journal. Lowe’s employs more than 285,000 workers, and will be cutting the positions of less than 3,000 of them “as the home-improvement retailer tries to …
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