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Lowe’s Reducing Its Workforce

workforce

Lowe’s has plans for laying off and changing job descriptions for thousands of people in its workforce, according to The Wall Street Journal. Lowe’s employs more than 285,000 workers, and will be cutting the positions of less than 3,000 of them “as the home-improvement retailer tries to ... Read More »

National Retail Federation Show Focuses on Future of Retailing

National Retail Federation

Thousands of people from across the retail industry arrived in New York to focus on the future of retailing over the weekend at the National Retail Federation convention. The retail trade association kicked off its 106th annual conference and exhibits, Retail’s Big Show 2017, in New ... Read More »

Military Vet Benefits From Ace Hardware Program

military

When Mark Rand considered buying a hardware store, he learned Ace Hardware Corp. offers a financial incentive to help military veterans like him start, buy or expand Ace stores. Retailers who join Ace Hardware or open new store locations pay an affiliation fee for their stores to be ... Read More »

Walmart to Cut 1,000 Corporate Jobs

walmart

Walmart will eliminate about 1,000 corporate jobs at the end of January, according to an article from The Wall Street Journal. Employees will lose jobs in the company’s human resources, technology and e-commerce departments, the article says. In a memo released to employees Tuesday, CEO Doug McMillon ... Read More »

Walmart Canada and Visa Compromise, Resume Business

Walmart Canada

Walmart Canada and Visa have reached an undisclosed agreement on credit card fees that the retailer faces from the credit card company. The agreement comes months after Walmart banned the payment form in select stores in Canada. However, Walmart still believes ... Read More »

Attendance Up, Attitudes Upbeat at United Hardware’s January Market

January Market

United Hardware kicked off its 60th anniversary with a bustling January market, where retailers showed positive attitudes and optimism for the coming year. Despite the colder-than-normal temperatures, the mood at the market, held January 6-8, was upbeat with strong attendance ... Read More »

How Would You Reimagine Retail With $100K?

reimagine retail

As you pack your bags to attend the National Hardware Show® May 9-11, plan for what you may bring home—product samples, information and possibly $100,000 to reimagine retail in your business! This year, the National Hardware Show is making a point to invest even ... Read More »

Last-Minute Shoppers Boost Holiday Sales

holiday sales

Last-minute shoppers gave holiday sales a boost, possibly improving sales overall for the shopping season, according to Reuters. On trend with a good selling season, Amazon reports very strong holiday sales, with customers using Amazon Prime more than than in any other year. Amazon Prime is a paid subscription ... Read More »