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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. …

This Thanksgiving weekend, retailers saw an increase in consumer traffic from last year. However, individual shoppers scouring for deals spent less than the year before. An estimated 154 million consumers shopped over the holiday weekend. That number is up from 151 million in 2015, according …

A former Lowe’s executive is now leading Lumber Liquidators as CEO, and he is planning on a recovery for the controversy-embroiled flooring discounter. Dennis R. Knowles, who Lumber Liquidators hired as chief operating officer in February, was promoted to CEO this month. Prior to working …

U.S. business owners who were preparing to pay extra for employees who work overtime don’t have to make changes—yet. Modified overtime laws were scheduled to take effect Dec. 1, but a federal judge’s Nov. 22 order has paused implementation of the new rules throughout the …

Today’s retailer has more competition than ever. Not only are big-box chains still a factor, but retailers also have to face consumers turning to e-commerce platforms like Amazon for a quick and easy shopping experience. To help their retail members remain …

Hardware Distribution Warehouses Inc. (HDW) has acquired World and Main Houston, a Texas retail distribution business formerly known as Handy Hardware. The buyer, Hardware Distribution Warehouses Inc., is based in Shreveport, Louisiana, and provides inventory and retail services to lumberyards, hardware stores and …

Lowe’s net earnings took a hit in the third quarter of 2016, failing to perform as well as leadership projected. “Our third-quarter operating results were below our expectations due to slower sales in the first two months of the quarter,” …

Residents of Ellicott City, Maryland, patronize Clarks Ace Hardware for reasons beyond their latest home improvement project. Shopping at the store allows them to support a local, family-owned business. The business has a team of hardworking individuals, many of whom are …