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 …
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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 …
Read More »Ex-Home Depot Exec Leads J.C. Penney Into Appliance Wars
J.C. Penney is scaling up its home products business this year, and venturing back into appliance sales at 500 stores after a decades-long hiatus. The changes are coming after a successful appliance pilot program in three markets and under the leadership of CEO Marvin …
Read More »Store Tied to More Than a Century of Community Memories
Joughin Hardware has been its community’s primary resource of DIY project advice and household problem solving for 139 years. “We’ve been an important part of our community for all of these years because if people have a problem, they know we can help them fix …
Read More »Lowe’s and the Future of Sears’ Appliance Business
Recent financial news has continued to be negative for Sears Holdings. The company is closing 78 unprofitable stores, in addition to its clothing design office in New York City this year in efforts to improve its bottom line. The company is still the favorite seller of appliances in the U.S., …
Read More »Historic Store Opened During the California Gold Rush
When the state of California was bustling with thousands of miners eager to strike gold in the 1800s, Placerville Hardware sold supplies to the fortune seekers and accepted gold dust as payment. Today, the clientele has changed, but the original wooden floors, sliding ladders and …
Read More »Retailer: ‘Don’t Panic; Plan’ for Minimum Wage Hikes
Since California and New York approved minimum wage increases this month, minimum wage is fresh on business owners’ minds. But increases–even up to a $15 base wage–aren’t cause for intense anxiety, says Gina Schaefer, who owns A Few Cool Hardware Stores’ 11 locations in Washington, D.C., …
Read More »Helping the Planet on Earth Day and Beyond
On April 22, people will celebrate Earth Day in unique ways, and independent home improvement stores are getting in on the action. Many businesses are hosting events or raising awareness around the holiday in other ways, but several stores have Earth care as part …
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