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Tag Archives: financials

How Would You Reimagine Retail With $100K?

reimagine retail

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 …

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Last-Minute Shoppers Boost Holiday Sales

holiday sales

Last-minute shoppers gave holiday sales a boost, possibly improving sales overall for the shopping season, according to Reuters. On trend with a good selling season, Amazon reports very strong holiday sales, with customers using Amazon Prime more than than in any other year. Amazon Prime is a paid subscription …

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Sears to Close 30 More Stores in Q1

Sears Holdings

Sears has announced it will close more than 30 Kmart and Sears stores in the first quarter of 2017 in response to poor third-quarter earnings, according to Business Insider. The retailer made an internal announcement, but did not publicly state which …

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Consultant: Sears, Like Titanic, ‘Looks Set to Sink’


Sears’ third-quarter earnings followed the company’s downward financial trend, inspiring conjecture about the possibility of the company’s demise. “Sears keeps promising investors a turnaround but its results only seem to get worse,” Fortune magazine says. This month, Sears Holdings Corporation released financial results that showed continued …

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What’s Next for the Stalled Overtime Law?

The U.S. Department of Labor is appealing a federal judge’s order to stop implementation of new overtime pay increases, which were slated to take effect nationwide on Dec. 1, the date the appeal was filed. Texas federal Judge Amos L. …

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Using GMROI to Improve Your Business

The annual Cost of Doing Business Study from the North American Retail Hardware Association (NRHA) is the industry’s only inclusive benchmarking study and has been conducted annually for more than 100 years. The study provides detailed financial information from hardware stores, home centers …

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Target Expands on Small-Format Stores

small-format stores

Target recently announced that it will continue to expand its small-format stores into urban areas and college towns. During company’s third-quarter sales conference call last week, CEO Brian Cornell says he is “increasingly confident” that the big-box retailer will open “hundreds” …

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