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PMI, Consumer Confidence Make Gains

Click the image above to view a full PDF. The nation’s third-quarter 2017 consumer confidence levels rose nearly 20 percent over third-quarter 2016, indicating that consumers feel confident about the overall economy. Some regions ravaged by hurricanes showed measurable consumer …

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How Do Sales Compare for Your Big-Box Competitors?

public companies

Click the image above to view a full PDF. Third-quarter sales results are in for the public companies that are prime competitors for independent home improvement retailers, and only Sears continues to decline. Walmart—the United States’ biggest retailer, and the …

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Sears Takes DieHard Auto Parts to Amazon

auto products

Sears Holdings has taken another aspect of its business to Amazon, announcing it will sell DieHard auto products on the e-commerce site, the company reports. The retailer says it is opening up DieHard to sales on Amazon to celebrate the …

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Target Buys Grocery Delivery Company Shipt

shipt

Target has purchased delivery startup Shipt Inc., a deal which will enable the retailer to complete same-day deliveries from about half of its 1,800 stores by summer 2018, Bloomberg reports. Customers will pay $99 per year to receive unlimited same-day …

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Small Businesses and Tax Reform

tax reform

Changes to U.S. tax law, approved Dec. 20 by the U.S. Senate and House of Representatives, are slated to go into effect in 2018. The New York Times explains some effects of the tax reform on small businesses. The House Ways and …

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Home Depot Buys Bedding and Bath Company

Company Store

The Home Depot has announced its acquisition of Wisconsin bedding and bath business The Company Store. The Company Store operates five retail stores in Wisconsin, Maine and North Carolina, and an online store. Home Depot publicized the purchase Dec. 21, but …

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Lowe’s Names First Chief Digital Officer

Lowe's

Vikram Singh will serve as Lowe’s Cos. Inc.’s senior vice president and its first chief digital officer, the company states in a press release. The chief digital officer will “accelerate Lowe’s digital evolution and drive a holistic integrated strategy to …

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