Edward Lampert, former Sears CEO, has reached a $21 million deal to unite Sears Hometown stores with Sears and Kmart, The Wall Street Journal reports. Transform Holdco LLC, a company whose majority owner is ESL Investments, a hedge fund overseen …
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Research firm J.D. Power has released its 2019 Home Improvement Retailer Satisfaction Study, and Ace Hardware and True Value have tied for first place for overall customer satisfaction. The survey gathered data from 2,433 customers who purchased a home improvement …
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Shop-local organization Independent We Stand is honoring an Ohio street and contributing $25,000 to its Main Street revitalization program. Main Street Wellington in Ohio has been named the 2019 winner of Independent We Stand’s annual America’s Main Streets contest. As …
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Recently, tariffs on goods entering the U.S. have been hot topics in retail. No matter which industry a business operates within, tariff implementations are causing ripple effects on suppliers and shoppers alike. Retail leaders from some of the U.S.’s best-known …
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Ace Hardware Corp. has announced plans to double the size of its distribution center in Wilmer, Texas. The upcoming expansion will add more than 450,000 square feet to the existing 450,00-square-foot facility, which originally opened in 2014. Construction for the …
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Strength in Members Distribution America is a team of six distributor members that combines a range of product specialties and service areas to power the largest independent distribution network in North America. Formed in 1991 with the merger of Liberty Distributors …
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The Home Depot has announced first-quarter 2019 sales of $26.4 billion, for a 5.7 percent sales increase above the same period in 2018, the company reports. Home Depot says comparable store sales in the U.S. for the quarter were up …
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Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell …
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