Walmart and Visa’s conflict over credit cards has gotten bigger. Starting July 18, Walmart Canada will begin to phase out Visa as a credit card its retail stores accept, according to the company. A U.S. lawsuit Walmart filed against Visa this …
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After Arson, Past NRHA Chairman’s Store a ‘Total Loss’
Everything higher than 2 feet off the floor is scorched or hardened into long plastic drips where it burned in Valley Supply Hardware during a recent fire set by arsonists. “It is a total loss. Everything is gone–computers, telephones, inventory,” …
Read More »Family Business Thriving Nearly a Century Later
When Pete’s Hardware first opened in 1926, the family business’ most frequent shoppers were chicken, rabbit and dairy farmers, as well as fruit growers. Today, the customer base has changed quite a bit, but 90 years later, the family business …
Read More »Sears to Sell Off Major Brands?
Sears Holdings is continuing to look for ways to improve its business after reporting ongoing financial losses, and the company’s board of directors has decided to look at alternative approaches to selling its popular Kenmore, Craftsman and DieHard brands. The retailer has not reported what specific changes …
Read More »Do it Best Spring Market Focuses on Growth
Independent retailers from more than 50 countries gathered in Indianapolis over the past few days for the Do it Best Spring Market. Besides finding good deals, learning about new products and networking with other retailers, Do it Best Corp. and its …
Read More »Home Depot Has ‘Stronger Than Expected’ First Quarter
The Home Depot’s overall and comparable U.S. store sales were up in the first quarter, boosting the company’s expectations for sales growth for all of 2016. The numbers reflect “our stronger than expected start to the year,” Craig Menear, CEO, president and …
Read More »It’s Walmart vs. Visa on Using PINs and Chip Cards
Walmart is suing Visa, saying the credit card company is not letting it require customers to use PINs rather than signatures to secure purchases made with chip-embedded debit cards. The lawsuit “could stoke the continuing debate about how to balance security and convenience …
Read More »Lowe’s-RONA Deal Expected to Close May 20
Government agencies have granted Lowe’s the final approvals needed for the retailer to buy Canadian home improvement retailer and distributor RONA Inc. in a deal expected to close May 20. Lowe’s needed two final approvals to move forward, and the company announced May 13 …
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