Home » Author Archives: Melanie Moul

Author Archives: Melanie Moul

Lowe’s Reports Q1 Growth

Lowe's

Lowe’s reported growth in its first-quarter financial results for the year, which the company released Wednesday. The company’s first quarter ended May 5. The big-box home improvement retailer reported sales growth of 10.7 percent over the same period last year, ... Read More »

Sears Sues a Manufacturer, Loses Different Lawsuit

sears

This week, Sears Holdings Corp. filed a lawsuit against one manufacturer and lost a suit brought by a different toolmaker. In a company blog post from May 15, Sears Holdings chairman and CEO Edward Lampert announced that the company would be “taking a ... Read More »

Walmart Invests in E-Commerce With Tech Incubator Store No. 8

Store No. 8

In late March, Walmart announced its latest technology endeavor, Store No. 8, which was established to incubate startup companies, reports Forbes. According to Forbes, it will fund e-commerce startup companies. “We’ll be bringing in entrepreneurs and giving them capital,” says Jet.com ... Read More »

Target’s Q1 Results: ‘Strong’ in ‘Choppy’ Retail World

target

Target released its first-quarter financial results Wednesday, citing a comparable sales decline of 1.3 percent over sales in the first quarter of 2016. Target chairman and CEO Brian Cornell says the company performed better than expected in the first three ... Read More »

Mother’s Day Spending to Exceed $23B

Mother's Day

The National Retail Federation (NRF) released data late last month projecting Mother’s Day spending to reach a record $23.6 billion. NRF partnered with Prosper Insights & Analytics to conduct its annual survey of Mother’s Day shoppers, discovering the 14-year record ... Read More »

Independent We Stand Travels the Rocky Mountains

main streets

Independent We Stand, a movement committed to strengthening small businesses throughout the country, recently completed its annual road trip in celebration of locally owned businesses. During the road trips, Independent We Stand travels to five cities in five states in five days, visiting ... Read More »

National Hardware Show® Announces Finalists for $100K Prize

detergent

The National Hardware Show® today announced the top 10 finalists for the first Reimagine Retail program, which will award $100,000 to an independent home improvement retailer to invest in a business improvement project. More than 100 retailers submitted plans to improve ... Read More »

Jet.com Founder Helps Walmart Innovate

Store No. 8

Walmart is making some noticeable company changes with the help of an e-commerce innovator it picked up with the purchase of Jet.com. The innovator is Marc Lore, founder of Jet.com—the online retailer Walmart bought for about $3 billion in 2016. Lore’s ideas ... Read More »