Tag Archives: financials

While retailers in other sectors have been struggling, The Home Depot’s fourth quarter 2016 financial results marked overall growth for the company, according to a press release by the Home Depot. The big-box retailer reported 5.8 percent growth over the …

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, …

The National Hardware Show® will be awarding one lucky retailer $100,000 to invest in the future of their business through its Reimagine Retail Program. The program is open to all independently owned home improvement/hardware retailers. Retailers will be able to enter …

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 …

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 …

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 …

Walmart Canada and Visa have reached an undisclosed agreement on credit card fees that the retailer faces from the credit card company. The agreement comes months after Walmart banned the payment form in select stores in Canada. However, Walmart still believes …

As you pack your bags to attend the National Hardware Show® May 9-11, plan for what you may bring home—product samples, information and possibly $100,000 to reimagine retail in your business! This year, the National Hardware Show is making a point to invest even …