Walmart is nearing a deal to buy a majority stake in Indian e-commerce company Flipkart, Reuters reports. The purchase would be Walmart’s largest acquisition of an online company, but Amazon may attempt to step in and present a counteroffer, Reuters …
Read More »
The North American Retail Hardware Association (NRHA) has celebrated independent home improvement retailers for a century. For the past 11 years, NRHA and Hardware Retailing magazine have honored high-achieving retailers through the Top Guns program. These remarkable business operators often …
Read More »
As of April 13, True Value Co. has received the retailer votes it needs to sell to a private investment firm, but the co-op is extending its member voting deadline to April 20. The company announced March 15 that it agreed to …
Read More »
Recent data breaches have rocked big-box retailers and other large companies, but experts warn businesses of all sizes are at risk from cyberattacks. The Star Tribune reports that [24]7.ai, the company that runs Best Buy’s online chat services, recently suffered a …
Read More »
Amazon is experimenting with a change to Amazon Home Services, its division that connects customers with local home improvement professionals and other service providers. The change is currently a housekeeping pilot project in Seattle, but could indicate a transition in …
Read More »
John H. Mize, executive chairman and chairman of the board of Blish-Mize Company, plans to retire from active management May 30, after 56 years on the job. “I look back on our almost-150-year history and feel gratitude to so many …
Read More »
Westlake Ace Hardware CEO Tom Knox has retired, and Joe Jeffries, who was president and chief operating officer, has replaced him in the role. Westlake is a 121-store chain that is corporately owned by the Ace Hardware cooperative, which bought …
Read More »
Big-box retailer Walmart is in early discussions with health insurer Humana “about developing closer ties,” including new partnerships and a possible acquisition of Humana, according to a report from Reuters. This news comes shortly after other U.S. retailers and health …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
