The North American Retail Hardware Association (NRHA) and Independent We Stand released a new study May 9 that provides insight into how much home improvement professionals can impact their communities by buying local. The Home Sweet Home: Pros’ Edition study examines the positive …
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Armando and Ita Reyes are a great example of an entrepreneurial-minded, hardworking couple with a strong family bond. The couple owns and operates Carpenter Bros. Hardware & Rental in Ann Arbor, Michigan, which they bought in 2008. Beyond hardware, the …
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Financial reports from big-box retailers provide insight into what the world’s top retail executives are worth in dollars. For example, Walmart’s sales outpace Home Depot’s and Lowe’s sales by hundreds of billions of dollars, but CEO Doug McMillon’s base salary matches what …
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Since the mid-1990s, Amazon.com has evolved from an online bookstore to the e-commerce giant that has in many ways forced brick-and-mortar businesses to change the way they do business in the U.S. Additionally, Amazon has found its footing globally, establishing a presence in several countries …
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A new U.S. tariff on imported Canadian softwood lumber, such as pine, is the latest change to an old trade debate between the two countries. The U.S. government, as of late April, is implementing a 20 percent tariff, or import …
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Ace Hardware Corp. plans to restructure its East Coast distribution network—a move that includes closing both of its Emery-Waterhouse warehouses and building a new 1.1 million-square-foot facility, according to Ace. The consolidation of Ace’s distribution facilities is coming after a rigorous analysis of the …
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Sears Holdings lost one of its top executives when Kmart president and chief member officer Alasdair James left in March. James had worked for Kmart, which Sears Holdings owns, since 2014, according to Business Insider. James is taking over as president …
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After announcing 1,000 corporate jobs were being eliminated in January, Walmart is making another round of cuts at its Arkansas headquarters as it continues to invest billions in its e-commerce operations, according to an article from Reuters. On Tuesday, the big-box retailer confirmed …
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