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Tag Archives: big box

Lowe’s Vies for Transparency About Sale of Australian Venture

Lowe's

Lowe’s is asking a federal court to require Woolworths to be transparent about how it is selling the assets of their joint venture in Australia. Woolworths, Lowe’s business partner in Australia, is rushing to sell properties and masses of product before closing dozens of their Masters Home …

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Walmart Canada and Visa Conflict Continues

Walmart Canada

Customers shopping at Walmart Canada stores in the Manitoba province will soon see change in payment options. Visa credit cards will no longer be accepted at the 16 locations. The boycott officially begins Oct. 24. Walmart spokesman Randy Hargrove announced the big-box’s decision, stating …

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J.C. Penney CEO Learned From Home Depot

Grebstein

Former Home Depot executive Marvin Ellison is leading J.C. Penney’s turnaround, and the strategies he’s using look like lessons he learned from the home improvement giant. And it’s working. The store’s stock is up 50 percent; the company is paying off debt; and it expects to …

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Amazon’s New Delivery Fleet vs. UPS, FedEx

delivery

Amazon has rapidly amassed its own delivery fleet of trucks and cargo planes, now competing with the companies that used to deliver millions of its boxes. As of August, the e-commerce retailer now owns 4,000 truck trailers and leases 40 jets, according …

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Lowe’s Introduces LoweBot, the Customer Service Robot

LoweBot

Lowe’s is adding more robots to its staff roster. The company plans to start using robots on the sales floors of multiple California stores this fall. The big-box retailer will be introducing LoweBot, a NAVii autonomous retail service robot by Fellow Robots, at 11 Lowe’s …

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Lowe’s and Amazon Partner on Smart Home Technology

smart home

Retail competitors Lowe’s and Amazon are joining forces to make their technology work together in smart homes. The incompatibility of different brands of devices has hindered the smart home market, but Amazon and Lowe’s are integrating their products so their brands can work together in …

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Sears Is Getting Back in the Paint Business

After four years’ absence from the market, Sears has decided to go back to selling paint. The company announced the plan earlier this week, shortly after reporting a drop in net sales in the second quarter, according to an article from …

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Lowe’s Asks Court to Intervene in Sale of Australian Business

Masters Home Improvement

Woolworths, Lowe’s partner in an Australian home improvement business, found a buyer for part of their failed joint venture. However, the partners aren’t cleanly cutting ties. Lowe’s owns one-third of the joint venture, which includes Masters Home Improvement stores and Home …

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