Home » Author Archives: Melanie Moul

Author Archives: Melanie Moul

Former Home Depot CEO: Don’t Get Complacent

Home Depot CEO

In a recent episode of “Fast Money” on CNBC, former Home Depot CEO Bob Nardelli spoke about how Home Depot has found success in both traditional and online retailing. “They are using the bricks and the clicks together,” Nardelli says in the ... Read More »

Sears Canada Files for Bankruptcy Protection

Sears Canada

Sears Canada has filed for bankruptcy protection, according to a company report released Thursday. Over the past 18 months, Sears has taken on restructuring initiatives, including developing technology systems, redefining its brand positioning and updating its product assortment, according to the company. As ... Read More »

Sears Cuts 400 Jobs, Loses 3 Executives

sears

As part of its restructuring plan to cut $1.25 billion from its expenditures in fiscal year 2017, Sears Holdings Corp. is cutting 400 positions from its headquarters and field operations, the company reports. At the start of the fiscal year, ... Read More »

Sears to Close 72 More Stores

Sears

Sears Holdings Corp. announced internally Tuesday that it would close 72 additional retail locations by September, according to Business Insider. The closures are in addition to the 180 stores the retailer has shuttered since the beginning of the year. Included in ... Read More »

Target Testing Next-Day Delivery for Essentials

next-day delivery

Target will be testing a next-day delivery service for a limited number of customers in its headquarters city of Minneapolis this summer, the company reports. The service, called Target Restock, will be open to customers in Minneapolis that currently have Target’s ... Read More »

Urban Retailers Take On Unique Challenges in the City

To view a PDF of this story, click here. People typically have opinions about whether they could “make it” in a city like New York or San Francisco. “I would love living in such a busy place! There’s always something ... Read More »

Sherwin-Williams’ Valspar Acquisition Approved

Sherwin-Williams

Last Friday, federal regulators approved Sherwin-Williams’ acquisition of Valspar Corp. as both companies agreed to sell Valspar’s North American Industrial Wood Coatings Business, reports Reuters. Valspar sold its coatings business, which manufactures stains, sealants and other coatings products, to Axalta in ... Read More »

Sears Reports ‘Challenging Quarter’ With 20 Percent Loss

Sears

Sears Holdings Corp. reported a 20 percent year-over-year revenue loss in its first-quarter financial results, which the company attributed to having fewer operational stores. The struggling retailer also noted an 11.9 percent decline in comparable store sales. Kmart stores lost sales in ... Read More »