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Tag Archives: big box

Home Depot’s Strategy for Reaching America’s Largest Age Group

age group

Home Depot and other retailers are altering their marketing campaigns, product design and consumer outreach programs to better target 26-year-olds, currently the largest age group in the U.S., reports The Washington Post. The cohort numbers around 4.8 million people and ... Read More »

Menards Founder Is Wealthiest Person in Wisconsin

menards

Menards founder John Menard Jr. is the wealthiest person in the state of Wisconsin, according to the Milwaukee Sentinel Journal. The newspaper reports that Menard’s net worth is $9.9 billion according to Forbes’ list of the 400 richest people in America. Eau Claire, Wisconsin, ... Read More »

Sears Canada Moves to Liquidate Assets

Sears Canada

Sears Canada Inc. will liquidate its assets and begin to “wind down” after its board rejected a business plan proposed by the company’s top executive, The Wall Street Journal reports. The board’s decision to liquidate most of the Canadian retailer’s ... Read More »

Sears CEO Provides Retailer Another $100M Loan

loan

Edward Lampert, CEO of Sears Holdings, has loaned the company an additional $100 million, the Chicago Tribune reports. Sears borrowed the money from affiliates of ESL Investments, Lampert’s hedge fund, which also agreed to lend the company up to $100 million more ... Read More »

Walmart Purchases Delivery Business

delivery

Walmart has purchased Parcel, a delivery logistics startup that focuses on overnight and same-day last-mile delivery, Reuters reports. The Parcel purchase is Walmart’s latest acquisition, following its purchase of apparel company Bonobos in June for $310 million and e-commerce retailer Jet.com ... Read More »

You Won’t Be Competing With Walmart for Holiday Hires

Walmart Holiday Employee

If you’re hiring extra help to staff your retail store during the winter holidays, you won’t be competing for temporary hires with Walmart this year. “Wal-Mart is redefining the holiday hiring scene, at least for its huge operation of more ... Read More »

Amazon Searches for Second HQ, Walmart Stays Put

headquarters

Amazon and Walmart, two of the country’s largest retailers, are taking drastically different approaches to choosing locations for their corporate headquarters, The New York Times reports. Doug McMillon, Walmart’s chief executive, sent a letter to employees earlier this month, announcing ... Read More »

Kohl’s to Sell Amazon Smart Home Devices, Accept Retailer’s Returns

Kohl's

At a time when all eyes are on Amazon, it appears that Kohl’s is eyeing the online retailer as well. This month, the department store chain has announced two ways it is teaming up with Amazon, and some wonder if there ... Read More »