Big-box retailers Home Depot and Lowe’s are both aiming to improve their overall customer experience in 2019, according to separate reports. Home Depot is in the process of uniting its online and offline operations, a move that could change the …
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A Close Eye on 2019 Retail Trends
As the holiday shopping rush settles, many retailers are ready to look forward and see what retail trends and innovations may be on the horizon for the year ahead. The National Retail Federation Weighs In Matthew Shay, president and CEO …
Read More »Sears Chairman’s Hedge Fund Wins Bankruptcy Auction
ESL Investments, the hedge fund managed by Sears chairman Edward Lampert, has prevailed in a bankruptcy auction to save Sears from liquidation, according to a report from Reuters. The bid is valued at more than $5.2 billion and is more …
Read More »Hardware Distribution Warehouses Inc. to Close Distribution Facilities
On Jan. 4, Hardware Distribution Warehouses Inc. (HDW) announced the closure of both its warehouses, according to a statement posted to the company’s official website. “As most of you are aware, HDW has been in negotiations in an attempt to …
Read More »Discounts Run Deep at United Hardware’s January Market
Retailers attending the United Hardware January 2019 Buying Market started off the new year in a big way with aggressive buying opportunities and programs from their wholesaler to help build transaction size in their stores. One highlight of the market, …
Read More »New Vendors and Credit Card Program at January House-Hasson Dealer Market
At the House-Hasson 2019 Dealer Market, attendees will preview products from more than 700 vendors, a 15 percent increase over last year’s event. Retailer-specific credit cards are also a new feature to this year’s event, which takes place Jan. 10-12 …
Read More »Lowe’s Plans to Hire More Than 65,000 Workers in 2019
Lowe’s has announced plans to hire more than 65,000 employees in 2019. In a press release, the company says the new hiring initiative will enable it to “improve customer service and product availability.” More than 50,000 of these hires will …
Read More »McCoy’s Names New President, Celebrates Historic Retirement
Meagan McCoy Jones will now serve as president and chief operating officer (COO) of McCoy’s Building Supply, the company has announced. Previously, McCoy Jones served as executive vice president and COO. “Meagan continues to take on more of the leadership …
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