A Quick Look Wage laws have inspired debate and concern all throughout 2016, and those conversations will continue into November’s general election. Multiple states will vote on proposed changes to minimum wage rules. A few states are considering other retail- …
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Home Depot’s Technology Strategies vs. Amazon
Industry observers are taking notice—Home Depot’s technology and online business strategies are helping the company grow and compete in e-commerce, despite Amazon’s online retail dominance. The retailer’s “largest and arguably most important investment has been the roughly $4 billion it will spend from …
Read More »Survey: What Would You Say to Industry Manufacturers?
Let manufacturers know what you think! The North American Retail Hardware Association (NRHA) is giving you a chance to provide feedback on your relationship with industry manufacturers in an effort to help channel partners understand retailer wants and needs. Take this 10-minute survey to provide …
Read More »Will Walmart Price Cuts Shake Up Retail?
Walmart is implementing some deep price cuts on products, and the effects could be far reaching. Companies impacted the most by the big-box retailer’s slashed prices include Target, Family Dollar and Dollar General, which may see lower earnings if they drop prices to compete, Business Insider reports this …
Read More »Walmart’s Plans: Cut Store Openings, Focus Online
Walmart corporate has big plans to grow its e-commerce presence. Yet at the same time, it plans to reduce brick-and-mortar store openings by nearly 60 percent year over year. The company is increasingly investing in growing its online sales. This is demonstrated by its …
Read More »Stanley to Buy $1.95B Tool Business, and It’s Not Craftsman
Stanley Black & Decker hasn’t confirmed news that it was bidding on Sears’ Craftsman tool business, but the company has announced a different major acquisition. This week, Stanley reported it is buying Newell Brands’ tool business. This includes industrial cutting, hand …
Read More »Plenty to See at the Do it Best Fall Market
Over the weekend, retailers from all over gathered in Indianapolis for the Do it Best Fall Market, where they looked for new products, attended Education Day seminars, found good deals and more. Those retailers also experienced some changes to the …
Read More »Who Is Bidding on Sears’ Craftsman Business?
As Sears continues to search for ways to make its business profitable again, a bidding war may be underway for the company’s Craftsman tool business, Bloomberg reports. Earlier this year, Sears announced it was looking to generate more cash through its Craftsman, Kenmore …
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