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Tag Archives: big box

Menards Plans to Build Robotic Warehouse

robotic warehouse

Wisconsin-based home improvement retailer Menards has announced plans to construct a new warehouse that will incorporate a 60-foot-tall robotic system to speed up delivery times and cut operating costs, the Eau Claire Leader-Telegram reports. “To be more competitive, we are ... Read More »

Walmart Makes Official Name Change to Reflect Modern Retail

name change

As Walmart continues to compete with omnichannel retailers, the company has made a legal name change to reflect how modern customers shop the brand. On Dec. 6, Walmart announced plans to change the company’s legal name from Wal-Mart Stores, Inc. to ... Read More »

Home Depot Readies $15B Share Buyback

share buyback

During its 2017 Investor and Analyst Conference, Home Depot’s board of directors announced plans to initiate a $15 billion share buyback program, Reuters reports. “Since 2002 and through the third quarter of fiscal 2017, [Home Depot] has returned approximately $73 ... Read More »

Attorneys: Lumber Liquidators’ $36M Settlement Excludes the Injured

Lumber Liquidators

Attorneys representing people who say chemicals from Lumber Liquidators flooring made them ill claim a new settlement, valued at $36 million, excludes their clients. In October, Lumber Liquidators agreed to pay $26 million in cash and provide $12 million of ... Read More »

Walmart, Other Big Boxes Find Holiday Sales Drivers

holiday sales

With the holiday sales season underway, big-box retailers are experimenting with new ways to attract customers to their brick-and-mortar locations to drive sales and deliver memorable holiday shopping experiences. Walmart is planning to hold thousands of parties this holiday season ... Read More »

Target to Remodel Roughly 1,000 Stores Nationwide

target

Target has unveiled its first “next-generation” store in Houston as it prepares to spend billions in the next four years to remodel more than 1,000 stores across the U.S. to compete against e-commerce titans, the Houston Chronicle reports. The first ... Read More »

Labor Board Says Drivers Are Not Menards Employees

labor

Menards has avoided another labor law violation with the National Labor Review Board’s decision on Nov. 17 that the retailer accurately categorized its delivery drivers as independent contractors instead of as employees. According to the complaint, drivers contracted by Menards (whether ... Read More »

Lowe’s Appoints New Chief Operating Officer

maltsbarger

Lowe’s Cos. Inc. has announced that Richard D. Maltsbarger, Lowe’s chief development officer and president, international, has been named the company’s chief operating officer (COO), effective Feb. 3, 2018. Maltsbarger will succeed Rick D. Damron, who has served in the ... Read More »