As more consumers are shopping and making purchases online, Amazon, one of the largest e-commerce retailers, has added a new variety of workers to the mix: robots. The retailer is boosting efficiency in warehouses with the help of more than 15,000 wheeled …
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Amazon Trims Prices and Stock Price
In a recent push to compete better with Walmart, Amazon has cut prices on consumer goods such as toilet paper and groceries. Amazon has recently been in “investment mode”, pricing aggressively and investing in innovative products. According to an article from The …
Read More »Home Depot Dealing with Data Breach Lawsuits
The Home Depot is facing 44 lawsuits at minimum after payment card information was stolen from customers who shopped at the home improvement company’s stores earlier this year, according to Fortune.com. The data breach cost Home Depot $43 million in the third quarter of fiscal …
Read More »Lowe’s Ordered to Pay Nearly $5 Million for Unpaid Overtime
A Florida judge has ordered Lowe’s Home Centers Inc. to pay $4.6 million to human resources employees and their attorneys in a nationwide class-action lawsuit. The Lowe’s human resources employees had sued the home improvement retailer in 2012, claiming that Lowe’s …
Read More »Hardware Retailers Refuse to Open on Thanksgiving
Hardware retailers were among store chains making a point to keep their businesses closed on Thanksgiving this year. Home Depot and Ace Hardware both announced via social media that their stores would be closed on the holiday. Home Depot asked its …
Read More »Home Depot Varies Online Prices Depending on the Customer
Researchers argue in a recent study that many retailers, including Home Depot, use histories of online shoppers’ activity not only to customize movie recommendations or product suggestions on websites, but also to set individual prices for items. Retailers use data …
Read More »Ace Hardware Makes “Best Retailers for Black Friday” List
Black Friday is known as one of the biggest retail days of the year, when customers rush to get holiday shopping accomplished and find great deals. According to Wallethub’s “Best Retailers for Black Friday” list, Ace Hardware, along with JCPenney, …
Read More »How Amazon, Home Depot and Lowe’s Compare on Power Tools Pricing
With Black Friday about a week away, retailers are pulling out all the stops with their pricing strategies. The company 360pi, which analyzes product and pricing data, recently examined the pricing numbers for power tools at Amazon, Home Depot and Lowe’s. According to …
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