Home Depot has partnered with a growth equity firm to invest $11 million in Homee, an on-demand property maintenance company, the Tampa Business Journal reports. Homee, based in Tampa, Florida, launched in July 2016 and “uses GPS-enabled smartphone technology to link …
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Customers at Dollar General stores in Nashville, Tennessee, can now pay for items directly through their smartphones, company CEO Todd Vasos announced in a May earnings call. Vasos says the app launched in May and will soon expand to include …
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Do it Best Corp. has promoted John Mergy to the role of vice president of information technology, effective July 1. Earlier this year, the co-op announced the retirement of the department’s former executive Mike Altendorf, who is retiring from the …
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Tesla will cease selling its solar products at Home Depot by the end of the year, ending a brief retail partnership. Tesla began selling solar panels and batteries in Home Depot early this year, planning to create dedicated space for …
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Amazon is expanding Amazon Go, its brick-and-mortar store concept that uses video cameras and mobile devices to eliminate the need for cashiers. The e-commerce retailer has been investing heavily in physical stores, buying the Whole Foods grocery chain for nearly …
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Walmart reported sales and revenue increases for its first quarter of 2018, with growth in its U.S., international and e-commerce segments. U.S. sales were $77.7 billion during the quarter, an increase of 3.1 percent above the same time period in …
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Walmart has confirmed a $16 billion deal to buy a controlling stake in Flipkart, an Indian e-commerce company. The acquisition “is the largest acquisition yet by the world’s largest retailer,” according to an article from the Associated Press. Within the …
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The National Hardware Show® has announced the five finalists of its Reimagine Retail program, which awards one independent retailer with $100,000 to jump-start a business improvement plan at their operation. This year, entrants were asked how they would use technology to …
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