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Facebook Famous: Triangle True Value Gains 35K Fans From Viral Video

viral video

When Triangle True Value Hardware created its Facebook page about five years ago, the team just wanted a way to connect with its loyal customers in Greenwood, South Carolina. Will Thompson, store manager, has been managing the page to keep ... Read More »

Combat the Growing Cost of Return Fraud

return fraud

Return fraud is a growing cost for retailers, according to the National Retail Federation (NRF). Recent research from the trade association shows that the average loss per return fraud incident is $1,766. That amount is higher than the average loss ... Read More »

Walmart to Cut 1,000 Corporate Jobs

Walmart

Walmart is planning to slash more than 1,000 corporate jobs this month, The Wall Street Journal reports. The news comes shortly after the big-box retailer announced plans to raise its hourly minimum wage and close 63 Sam’s Club locations. “We’ve ... Read More »

NRF: 2017 Holiday Sales Exceed Expectations

2017 holiday sales

The National Retail Federation (NRF) says increased wages, consumer confidence and strong employment contributed to holiday sales that exceeded expectations in the final two months of 2017, the organization reports. According to NRF data, sales in November and December were ... Read More »

House-Hasson Upgrades Tech to Boost Efficiency, Store Owner Profitability

house-hasson

Mobile computers and headsets in House-Hasson Hardware’s corporate headquarters warehouse and upgraded electronic scanners for the company’s independent hardware stores and lumberyards will enable 20 percent faster response to orders and speed retailers’ ability to get items on shelves, the ... Read More »

NRF 2018: Annual Show Highlights Retail Today, Tomorrow

NRF 2018

Thousands of people from around the world gathered in New York this weekend at the National Retail Federation’s (NRF) annual industry event to focus on the ever-changing retail landscape and how retailers can keep up. The trade association’s 107th annual ... Read More »

Comment Period Open on Proposed Small Business Health Care Rules

health care

In October, President Donald Trump signed an executive order that asked the Department of Labor to establish rules to allow small businesses within the same industry or geographic area to form associations across state lines to access less expensive health ... Read More »

Sears Borrows Millions More From CEO, Plans Further Liquidity

lampert

Sears borrowed $100 million more from CEO Edward Lampert’s investment companies and may get an even bigger loan through a new agreement, according to a document filed with the Securities and Exchange Commission. The loan agreement gave Sears an initial ... Read More »