The corporate structure of Target has been shaken this week as the company makes efforts to cut costs. On Tuesday, March 10, Target announced it was laying off 1,700 employees from its Minneapolis headquarters, according to an article in The New-York …
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True Value Company has announced that fall fundraising efforts raised more than $625,000 for two nonprofit organizations that help needy children. Money collected through the Fall Stewardship Campaign will benefit the True Value Foundation and United Way, two organizations working …
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True Value is placing an increased focus on helping members improve customer service and announced several initiatives aimed at doing so at the company’s Spring Reunion held in Dallas this past weekend. John Hartmann, True Value President and CEO, spoke …
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Last week, NRHA president and CEO, Bill Lee, hosted the “BIG Group” roundtable, a gathering of retailer CEOs who have been meeting once a year since 1966. During the meetings, retailers share new ideas and discuss current happenings in their businesses. As part …
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There are five elements of a pricing strategy necessary to remain competitive: 1. Competitive variable pricing 2. A price-matching policy 3. A robust price-shopping routine 4. Innovative use of technology and 5. Good retailing practices. All of these tactics are …
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Hardware Retailing magazine’s March 2015 issue features an article focused on the changes in pricing strategies over the years. The story also discusses how retailers can stay competitive today as variable pricing evolves and dynamic pricing spreads. The full story can be found here. The …
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To download a PDF of this story, click here. Visit hardwareretailing.com/2015pricing-study to view the NRHA’s 2015 State of Pricing Study. Whether you like it or not, today’s consumers have access to detailed pricing information for every item in your store. In fact, in some cases, …
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Amazon’s plans to make deliveries by drone may come to a standstill due to recently proposed federal laws. If proposed legislation passes, Amazon might not be able to launch its Prime Air service in the U.S., according to an article in Fortune. Amazon planned to use …
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