Many retailers are looking for new, creative ways to engage today’s millennial customers online. Moving beyond basic Facebook and Twitter use, companies are finding platforms that consumers may already use to attract a new audience for their products and services. Lowe’s has taken …
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Are Robots Taking Over Retail?
Robots are trending as retail employees, and a new model can be programmed to rapidly check an entire store’s inventory. This new robot on the scene is called Tally, and is the creation of Simbe, a San Francisco startup company, according …
Read More »New Lumber Liquidators CEO Tapped for Turnaround
After about nine months of public scrutiny and a leadership overhaul, Lumber Liquidators has named a new CEO to lead a company turnaround. The new CEO, John Presley, was chairman of the lumber discounter’s board of directors and will remain a …
Read More »Orgill to Relocate World Headquarters
Orgill, Inc. has announced it will be relocating its headquarters to Collierville, Tennessee, which is a suburb of Memphis. The company will construct a new 100,000-square-foot office building to house its worldwide headquarters. Construction is expected to begin in 2016. The company …
Read More »Exclusive Exec Q&A: Ace Launches New Distributor
Today, Ace Hardware Corp. announced the launch of a new distributor to serve independent non-Ace retailers and expand the co-op’s wholesale business across the U.S. Hoyoung Pak, president of Ace Wholesale Holdings, answers questions about the new company, Emery Jensen Distribution, …
Read More »Ace Expands Wholesale Business to Serve Non-Ace Retailers
Ace Hardware Corp. today announced that its wholesale distribution network has expanded coast to coast with the launch of a new distribution arm. The new wholesale company, Emery Jensen Distribution, fits like a wholesale puzzle piece in mid-America for Ace, which bought distribution …
Read More »Retailers Face Issues With New EMV Card Technology
This year, banks and credit card companies are sending consumers new payment cards, which look the same as typical cards but contain a high-tech metallic chip known as EMV, in an effort to make credit card transactions more secure. EMV stands for Europay, MasterCard, …
Read More »Retailer Recognized for Ambitiously Selling Sustainable Products
A Texas home improvement retailer is getting attention for his ambitious work to create a store chain that makes sustainable products accessible and affordable enough to become the industry norm. That entrepreneur, Jason Ballard, started the business TreeHouse in 2009 in Austin, Texas. He has …
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