Next year, United Hardware Distributing Company and its branding icon, Hardware Hank, will turn 60. In January, as the Plymouth, Minnesota-based wholesaler heads to downtown Minneapolis for its Spring and Summer Buying Market, it will celebrate a diverse array of …
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This Thanksgiving weekend, retailers saw an increase in consumer traffic from last year. However, individual shoppers scouring for deals spent less than the year before. An estimated 154 million consumers shopped over the holiday weekend. That number is up from 151 million in 2015, according …
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A former Lowe’s executive is now leading Lumber Liquidators as CEO, and he is planning on a recovery for the controversy-embroiled flooring discounter. Dennis R. Knowles, who Lumber Liquidators hired as chief operating officer in February, was promoted to CEO this month. Prior to working …
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U.S. business owners who were preparing to pay extra for employees who work overtime don’t have to make changes—yet. Modified overtime laws were scheduled to take effect Dec. 1, but a federal judge’s Nov. 22 order has paused implementation of the new rules throughout the …
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Target recently announced that it will continue to expand its small-format stores into urban areas and college towns. During company’s third-quarter sales conference call last week, CEO Brian Cornell says he is “increasingly confident” that the big-box retailer will open “hundreds” …
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Earlier this month, True Value Company announced Hardware Group as its newest member. Hardware Group boasts more than 23 stores in Puerto Rico and counting, meaning the partnership will expand True Value’s presence on the island. Founded in 2011, Hardware Group …
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According to retail analytics company RetailNext, Black Friday will no longer hold the top spot as the busiest shopping day of the year. As retailers expand sale windows and move promotions online, consumers are spreading out their shopping days, too. …
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Today’s retailer has more competition than ever. Not only are big-box chains still a factor, but retailers also have to face consumers turning to e-commerce platforms like Amazon for a quick and easy shopping experience. To help their retail members remain …
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