Home » Tag Archives: big box

Tag Archives: big box

Stanley Black & Decker Questions ‘Real Home’ of Craftsman

Stanley Black & Decker

Stanley Black & Decker has filed a lawsuit to prevent Sears from calling itself the “real home” of the Craftsman brand, according to the Chicago Tribune. Stanley Black & Decker purchased the brand from Sears in 2017 in a deal ... Read More »

Lowe’s Announces Q4 2018 Financial Results

lowe's

In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824M. This figure is in contrast to net earnings of $554M during the same period in 2017. Sales for the fourth quarter came to $15.6B, up ... Read More »

Sears and Amazon Share Similar Pasts, Divergent Futures

sears and amazon

Click the picture to download a PDF of this story. By Todd Taber, ttaber@nrha.org Reinvention of the Retail Giant Founded nearly a century apart, Sears and Amazon echo one another through the decades. Both companies began as small startups indistinguishable from most. Sears ... Read More »

Home Depot Reports Q4, 2018 Financial Results

home depot

Home Depot has announced its financial results for the fourth quarter of 2018 and for the year overall. In total, the company reported sales of $26.5B for the fourth quarter of 2018, which represents a 10.9 percent increase over the ... Read More »

Sears and Amazon: Retail Innovation at a Glance

retail innovation

For Amazon and Sears, retail innovation has not been an overnight undertaking. Long before the companies made their marks on retail history, Sears got its start along Minnesota railroad tracks. Amazon began its global ascent from Jeff Bezos’ garage in ... Read More »

Amazon Cancels Plans to Build HQ2 in New York

amazon

Amazon has canceled plans to build one of the sites of its second headquarters in New York City, reports The New York Times. After being granted nearly $3 billion in financial incentives, the online giant faced stiff criticism from some ... Read More »

Home Depot Cuts Its Installation Staff

installation staff

Home Depot is laying off employees within its U.S. exterior installation staff, Business Insider reports. According to the article, the layoffs affect fewer than 1,000 employees. “After reviewing the installation business, we’ve decided it’s right to wind down our roofing, ... Read More »

Sears Emerges From Bankruptcy Proceedings

ESL Investments

Sears will live to sell another day, CNN reports. After reviewing a $5.2B bid to save the company, bankruptcy court judge Robert Drain approved the sale of most of Sears’ assets to ESL Investments, the hedge fund managed by Edward ... Read More »