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Finding ‘Purpose’ With Stanley Black & Decker CEO

Stanley Black & Decker CEO

James Loree, Stanley Black & Decker CEO, recently spoke with Fortune magazine about what it takes to define the purpose of an iconic 175-year-old American company. Loree, who has worked for Stanley Black & Decker for 20 years, became CEO ... Read More »

‘We’re Going After Sears,’ J.C. Penney CEO Says

Penney

Marvin Ellison, J.C. Penney’s current CEO and a former Home Depot executive, has his eye on Sears’ appliance business. “We’re going after Sears and we’re going after market share that we think is going to be available not only now ... Read More »

Millennials Helped Amazon Take 4 Percent of All Retail Sales in 2017

millennials

According to e-commerce analytics company One Click Retail, Amazon took 4 percent of all retail sales in the U.S. in 2017, with millennials driving sales in home and kitchen goods, reports CNBC. Sales on the platform also represented 44 percent of ... Read More »

Affluent Consumers Opt to Shop Small, Avoid Malls

affluent consumers

Spending growth at small businesses has outpaced big-box chains in the past two years and affluent consumers are contributing to the growth, according to Bloomberg. When consumers aren’t shopping online, they are seeking out businesses that provide personal connections and ... Read More »

National TV Show Shoots at New York Hardware Store

TV show

Last summer, it was lights, camera, action at Wadeson Home Center when the store was used as a set for an online TV show. Located in Warwick, New York, an hour away from New York City, the store had been ... Read More »

The Latest on Home Depot’s Acquisitions

home depot

The Home Depot made deals to buy two businesses during the second half of 2017, eyeing opportunities for future growth online and in its brick-and-mortar locations. Now, reports suggest that the home improvement retailer is considering the purchase of XPO ... Read More »

Amazon, Walmart Online Prices Closer Than Ever

acquisitions

A new study from financial data firm Market Watch finds that Walmart and Amazon’s online prices are closer than ever, Business Insider reports. The study, which tracked prices on Amazon and Walmart’s website, spanned 700 days. Walmart’s online prices were ... Read More »

Speller’s True Value Invests in the Community

community

Click the image above to view a full PDF. Casting the Right Spell Since the 1960s, the east side of Waterloo, Iowa, hasn’t seen very much economic activity other than restaurants and convenience stores. Allen Speller and his father, Wendell, ... Read More »