The North American Retail Hardware Association recently named eight home improvement retailers as 2015 Young Retailers of the Year. The recognition program, now in its 19th year, identifies and honors the next generation of aspiring independent home improvement retailers and recognizes …
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Service and Relationships Emphasized at Ace Convention
Ace Hardware’s leaders had positive financial news to share at the co-op’s spring convention this week, but emphasized the importance of relationships and service to keeping retailers’ businesses successful. Retail profit dollars increased by 5 percent and total retail sales …
Read More »Target Agrees to $10 Million Settlement in Data Breach Lawsuit
Consumers who were victims of the Target data breach of 2013 may soon receive compensation for any financial losses they faced. On Thursday, March 19, a judge gave the preliminary approval for a $10 million settlement of a lawsuit filed by customers of Target, …
Read More »NRHA Matching Grant Funds House Renovations
A family of five in California now has a safer home due to a project partially funded by the North American Retail Hardware Association. NRHA provided The Fuller Center for Housing of Los Angeles with a $1,000 matching grant to help …
Read More »Target Lays Off 1,700 Employees from Headquarters
The corporate structure of Target has been shaken this week as the company makes efforts to cut costs. On Tuesday, March 10, Target announced it was laying off 1,700 employees from its Minneapolis headquarters, according to an article in The New-York …
Read More »True Value Reunion Focuses on Enhanced Customer Service
True Value is placing an increased focus on helping members improve customer service and announced several initiatives aimed at doing so at the company’s Spring Reunion held in Dallas this past weekend. John Hartmann, True Value President and CEO, spoke …
Read More »Target To Cut Thousands Of U.S. Jobs
Less than two months after announcing it was closing all of its Canada stores, Target Corp. has committed to more cuts: U.S. corporate jobs. The Minneapolis-based retailer’s goal is to reduce costs by $2 billion over the next two years to …
Read More »Lumber Liquidators Responds to ’60 Minutes’ Report
A heated debate between the CBS program “60 Minutes” and the well-known flooring company Lumber Liquidators has ensued following an episode of the Sunday-night television show. The CBS report claims Lumber Liquidators sold laminate flooring with higher levels of formaldehyde than permitted by California’s health …
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